1. Income is an increase in an entity’s net assets resulting from its operations over a period of time.
2. Net assets are the excess of the entity’s economic resources (assets) over its obligations (liabilities).
3. An increase in net assets over a period is only one of the requirements for income, however. To be income, the increase in net assets must be the result of the entity’s operations.
4. Revenues are increases in assets or decreases in liabilities resulting from operations.
5. Recognition is the act of formally entering an item into the accounting records.
6. Expenses are gross decreases in net assets resulting from operations over a period of time.
7. Matching is the process of making sure all the costs incurred in generating the revenues recognized in a period are taken as expenses in that period.
8. The process of looking for the expenses corresponding to recognized revenue is called matching.
9. Closing an account is the act of bringing an account’s balance to zero.
10. Temporary accounts are accounts that are always closed before the preparation of a balance sheet.
11. The convention for revenue recognition is when the earnings process is complete or substantially complete, when an exchange has taken place, and when the amount of the revenue can be measured with some accuracy and the entity is reasonably sure of collection.
12. Cash comes in many forms. Currency is one form of cash. Currencies are the coins and pieces of paper that governments issue for use in making economic exchanges.
13. Multi-national organizations usually hold the currencies of several governments in order to engage easily in transactions in many geographic regions.
14. A cash flow is simply a change in cash.
15. The cash flow statement describes the changes in an entity’s cash over a period of time by grouping the increases and decreases into a set of categories that describe the activities that coursed them.
16. Roughly speaking, cash flows from operations represent cash raised through, or required by, the day-to-day operating activities of the firm.
17. Cash flows for investing represent cash flows used to make long-term investments in fixed assets required over the long run.
18. Cash flows from financing represent cash raised from activities whose objective is to provide funds for the longer term.
19. Investing activities are actions aimed at acquiring and disposing of assets that generate a financial return over a long period of time.
20. Financing activities are actions aimed at acquiring and repaying funds to be used over a long period of time.
21. Operating activities are actions that are neither investing nor financing activities.
求金融英语句子翻译,谢谢了,急
The convention for revenue recognition is when the earnings process is complete or substantially complete, when an exchange has taken place, and when the amount of the revenue can be measured with some accuracy and the entity is reasonably sure of collection.一种惯例是当收入确认收入过...
帮忙翻译一下金融方面的英语吧!谢谢~~~
1. Finance is a country's economic and political core. The financial markets are an important part of finance, financial markets, if there are problems, there will be a chain reaction, leading to bank failures (such as the United States, bank failures, and financial markets are ...
金融英语的翻译题,汉译英的,不要翻译器的翻译……
Money can buy you the watch, but not the time; the entertainment, not the happiness; the friends, not the friendship.
求金融英语翻译。谢谢各位大神。
1. the person 意思是【这个人】,下文是对这个人的描述,是什么样的人呢?2. to whom 代词,宾格,这里提前了,意思是【给他】,3. the insurance proceeds are to be paid 【保险生效将会的到赔偿】 proceed 理解为生效。4. in the event of a loss 【当 受到损失时】1.2.3.4. 连起...
求金融英语翻译
,(which have little uncertainty about the amount of funds they will have available in the future.)这些公司对于其将来会拥有的基金数量具有很低的不确定性。(就是这些保险公司的基金比较稳定,他们的资金比较确定)。不专业的理解,英语字面意思。
求金融英语翻译
club, to have a central banker, and that is usually there is a set of sort of informal rules grow up about the behavior of the other banks.现在,要为参加这个俱乐部和拥有一个中央银行而出代价了。通常会产生一系列关于其它银行运作的非正式规则。如有不懂请追问,满意请采纳,谢谢!
求金融英语翻译
Granted sweeping powers by the White House 意谓 给予白宫无限大的权力 data on which America's markets depend.美国市场依靠的资料\/数据 最后一句相关语法:回应之前的句子:reliability of financial information about companies 全句为:美国市场依靠的数据就是公司财政资料的可靠性 ...
金融英语翻译,急用~~~
1. BoP is often misunderstood, but in fact it is a record period of time (usually a year) for all international transactions, and reflects continuing to buy between one country and all other countries and payment activities. 2 Central Bank has repeatedly adjusted the deposit reserve...
金融英语翻译 非常急!!!
competition, the theory of customer is paramount and whole heartedly service consciousness more and more become the important weights in the competition .At present, Taiyuan had 12 banks, and each bank has its own management pattern, simultaneously, is promoting the city development.
金融英语的翻译题,把实词都翻译上来啊,多谢
Broader measures of money add time deposits, savingsaccount and certain other financial assets. It is liquidity of money that isthe most helpful in dividing our measures of the money supply.中文翻译:金钱更广义的度量是增加定期存款,储蓄存款帐户以及某种其它的金融融资.正是这种金钱的流动性...