会计学英文课件(9)

Cost vs. Expense
Cost is the amount of cash or cash equivalents paid or the fair value of the other consideration given to acquire an asset at the time of its acquisition or construction. In other words, when we agree to pay out cash or other assets for goods or services received, we have incurred a cost.
Expense Recognition
An expense will give rise to economic sacrifices to the business.
In order for an item to be recorded as an expense, it must meet the general criteria: meet the definition of expenses and have a valid measurement basis and amount.
Key Terms
1. Cost flow 成本流转 2. Cost flow assumption 成本流转假设
Defining Expenses
Generally speaking, expenses are costs that are charged against revenue and that are related to the entity’s basic business.

9-1
Accounting for Receivables
Chapter 9
PowerPoint Authors: Susan Coomer Galbreath, Ph.D., CPA Charles W. Caldwell, D.B.A., CMA Jon A. Booker, Ph.D., CPA, CIA Cynthia J. Rooney, Ph.D., CPA
9 - 12
P1
Matching vs. Materiality
Materiality states that an amount can be ignored if its effect on the financial statements is unimportant to users’ business decisions.
The risks of extending credit are transferred to the credit card issuer.
Cash collections are quicker.
9-6
C1
Credit Card Sales
On July 15, TechCom has $100 of credit card sales with a 4% fee, and its $96 cash is received immediately on deposit.
9 - 18
P1
Recovering a Bad Debt
To help restore credit standing, a customer sometimes volunteers to pay all or part of the amount owed on an account even after it has been written off. On March 11, Kent pays in full his $520 account previously written off.

200 200
McGraw-Hill/Irwin
© The McGraw-Hill Companies, Inc., 2007
P1
配比原则 vs. 重要性原则
重要性原则，对于 数额不大、即便列 示在财务报表上也 不足以影响报表使 用者的业务决策的 交易额，可以忽略 不计。
配比原则要求我们 要在同一会计期间 确认收入和为产生 这些收入而发生的 费用。
C1
赊销商品收入
应收账款分类账
Webster, Co.
Date Jul. 16 PR Debit Credit Balance 950 950
应收账款的计划 Webster, Co. $ 950 Matrix, Inc. 1,000 Total $1,950
Date Jul. 16
Matrix, Inc. PR Debit Credit Balance 1,000 1,000
McGraw-Hill/Irwin © The McGraw-Hill Companies, Inc., 2007
C1
赊销商品收入
7月16日, Barton, Co. 赊销价值 $950 的商品给 Webster, Co., 并且赊销价值 $1,000 的商品给Matrix, Inc.
Jul. 16
Chapter 9 应收款项的会计核算
McGraw-Hill/Irwin
© The McGraw-Hill Companies, Inc., 2007
概念学习目标
C1: 介绍应收账款的定义，以及如何产 生和记录; C2: 介绍应收票据的定义，以及如何计 算其到期日和相关利息; C3:介绍如何在到期日之前将应收账款 变现。
C1

Management accounting (next page)
Management accounting:
use both historical data in assisting management daily operations and in planning future operations.
concepts one more time. • Combine both freely but English is more
important.
二 Improve English by ….
– Read textbook in class and after class – Remember new words – Answer questions in exercise is important – Overlook some parts while emphasizing some
• Financial accounting: provides external reports o outsiders, financial information.
2 Reporting management information to internal users
Internal users are senior management-level personnel.
• What do you think?
二 Functions
1 Reporting financial information to outside interested users
• Outside users are:investors,banks and other creditors,government agencies,general publics