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HOW TO PREPARE A
YEAR-END FINANCIAL
REPORT
tells shareholders, government agencies, and other interested
people how your company performed financially during the
preceding year.
A FINANCIAL YEAR-END REPORT
Summarizes your firm’s assets,
liabilities and net worth
Reports your firm’s sources and
uses of cash
STATEMENT OF CASH FLOW
Details your firm’s revenues
and expenses
INCOME STATEMENT
BALANCE SHEET
WHAT
DOCUMENTS
ARE USUALLY NEEDED
TO PRODUCE
THE REPORT?
A
B
C
Current assets
STEP 1: Calculate assets
Investments
Property, plans and
equipment
Intangible assets
Other assets
BALANCE SHEETA
(accounts payable, taxes,
wages, etc.)
(bank loans, bonds
payable, etc.)
Current liabilities Long-term liabilities
A
STEP 2: Calculate liabilities
BALANCE SHEET
A
STEP 3: Calculate company’s net worth
BALANCE SHEET
Use these equations
ASSETS Liabilities Net worth
Assets LiabilitiesNET WORTH
Net sales
B
STEP 1: Calculate revenue
INCOME STATEMENT
Cost of goods sold
GROSS PROFIT
Costs to make or buy goods
Sales figure
General and administrative
expenses
Employee compensation
Marketing and advertising
B
STEP 2: Calculate operating expenses
INCOME STATEMENT
B
STEP 3: Determine net income
INCOME STATEMENT
Use this equation
Gross profit Operating expenses Net income
Net change to accounts payable
adjustments that pertain to core business activities
Depreciation expense
Net change to accounts receivable
C
SECTION 1: Operating expenses
STATEMENT OF CASH FLOW
adjustments related to long-term assets
Purchase of new equipment,
machinery or fixed assets
Proceeds from sale of fixed assets
C
SECTION 2: Investing activities
STATEMENT OF CASH FLOW
Dividends paid
Long-term loan repayment
Proceeds from issuance of common stock
C
SECTION 3: Financing activities
STATEMENT OF CASH FLOW
adjustments linked to bank debts and stocks
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How to Prepare a Yearend Financial Report

  • 1. HOW TO PREPARE A YEAR-END FINANCIAL REPORT
  • 2. tells shareholders, government agencies, and other interested people how your company performed financially during the preceding year. A FINANCIAL YEAR-END REPORT
  • 3. Summarizes your firm’s assets, liabilities and net worth Reports your firm’s sources and uses of cash STATEMENT OF CASH FLOW Details your firm’s revenues and expenses INCOME STATEMENT BALANCE SHEET WHAT DOCUMENTS ARE USUALLY NEEDED TO PRODUCE THE REPORT? A B C
  • 4. Current assets STEP 1: Calculate assets Investments Property, plans and equipment Intangible assets Other assets BALANCE SHEETA
  • 5. (accounts payable, taxes, wages, etc.) (bank loans, bonds payable, etc.) Current liabilities Long-term liabilities A STEP 2: Calculate liabilities BALANCE SHEET
  • 6. A STEP 3: Calculate company’s net worth BALANCE SHEET Use these equations ASSETS Liabilities Net worth Assets LiabilitiesNET WORTH
  • 7. Net sales B STEP 1: Calculate revenue INCOME STATEMENT Cost of goods sold GROSS PROFIT Costs to make or buy goods Sales figure
  • 8. General and administrative expenses Employee compensation Marketing and advertising B STEP 2: Calculate operating expenses INCOME STATEMENT
  • 9. B STEP 3: Determine net income INCOME STATEMENT Use this equation Gross profit Operating expenses Net income
  • 10. Net change to accounts payable adjustments that pertain to core business activities Depreciation expense Net change to accounts receivable C SECTION 1: Operating expenses STATEMENT OF CASH FLOW
  • 11. adjustments related to long-term assets Purchase of new equipment, machinery or fixed assets Proceeds from sale of fixed assets C SECTION 2: Investing activities STATEMENT OF CASH FLOW
  • 12. Dividends paid Long-term loan repayment Proceeds from issuance of common stock C SECTION 3: Financing activities STATEMENT OF CASH FLOW adjustments linked to bank debts and stocks
  • 13. contact: support@slideshop.com fb: theslideshop twitter: @slide_shop blog: http://blog.slideshop.com/ pinterest: Slideshop slideshare: slideshop.com phone number: +1 602 559 4554 The world's leading supplier of unique, creative and effective PowerPoint templates. Do you want to customize this presentation? Download the PowerPoint file. Download