Financial Accounting Theory and Research
Financial accounting has emerged in response to the need of managers to communicate to owners [principal] regarding whether the principal’s capital entrusted to them is …
Posts tagged Financial Accounting
Financial Accounting Glossary by Lie Dharma Putra [Part 2]
CAPITAL – This is a very broad term with its roots in economic theory that refers to money and other assets that are invested in …
Financial Accounting Glossary by Lie Dharma Putra [Part 3]
DIVIDEND PAYOUT RATIO – This ratio is computed by dividing total cash dividends for the year by the net income for the year. It’s simply …
Financial Accounting Glossary by Lie Dharma Putra [Part 4]
INVENTORY TURNOVER RATIO – This ratio equals the cost of inventories divided into the cost of goods sold expense for a period [usually one year]. …
Financial Accounting Glossary by Lie Dharma Putra [Part 5]
PROFIT – The general term profit is not precisely defined; it may refer to net gains over a period of time, or to cash inflows …
Chief Financial Officer (CFO)’s Reports
The Chief Financial Officer (CFO) must communicate important and accurate financial information to senior-level executives, the board of directors, divisional managers, employees, and various third …