CFA一級百題預(yù)測：財務(wù)（打印版）

C一級百題預(yù)測1.ETHICS2.3.ECONOMICS4.FINANCIAL5.FINANCE6.PORTFOLIOMANAGEMENT7.EQUITY8.FIXEDINCOME9.10.INVESTMENTS1-1224.FinancialAnalysis4.1.TheFinancialReporting4.1.1.重要知識點.offinancialreportingFinancialdefinitionUsecompanies,withotherinformation,past,current,potentialperformancefinancialpositionofapurposeofcredit,andothereconomicdecisions.Theroleoffinancialreportingcompaniesistoprovideinformationaboutacompany’sperformance,position,changesinfinancialpositionistoarangeofusersinmakingeconomicdecisions.4.1.2.基礎(chǔ)題Q-1.Providingaboutperformanceandfinancialpositionofcompaniesthatcandecisionsbestdescribesroleof:auditing.financialC.financialstatementanalysis.4.2.OtherofFinancial4.2.1.重要知識點.FinancialnotessupplementaryschedulesNotesandpartofcompleteofSinceitistoaccountingchoicesbetweencomparable,sometimesneedtonecessarysothatfinancialstatementusedThenotesprovideessentialtoinformationprovidedinprimarystatements,whichclarifytheinformationaboutevery(oritem)balancesheetincomestatementNoteaboutfollowingAccountingpolicies,methods,andFinancialinstrumentsarising2-122Commitmentscontingencies;Denominatedcurrency;Complianceoflaw&proceedings;Related-partySubsequenteventsthatoccurbalancesheetdate);Businessacquisitionsanddisposals;Rounded&minordiscrepancies;Operatingsegments’performance..Management’sdiscussion(MD&A)Generalcontents(publiclyheldcompanies):natureofbusiness,pastmaterialuncertaintyandfutureCharacteristic:MD&Aisagoodforunderstandinginformationinfinancialstatements.particular,theforward-lookingdisclosuresinMD&A,canbeusefulprojectingacompany’sperformance.ThosecontentincludeThenatureofbusiness;Management’sobjectivesstrategies;Thecompany’ssignificantresources,risks,relationships;Resultsofoperations;Criticalperformancemeasures..SECrequirescompaniesanandspecifiescontent.FormS-1priortoinitialForm10-KFinancialForm10-QFinancialFormDEF-14AForm8-KMajoreventsacquisitionsordisposalsofassets,governancemanagementchanges.Form144NoticeofproposedsaleofsecuritiesorsecuritiesheldbyoftheFormsbeneficialownershipofsecurities.3-1.OthersourcesofinformationProxyManagementcompensation;performance;potentialconflictofinterests;thattobeavotetheannual(orspecial)meetingofInterimreportsProvidedbyeithersemiannuallyordependingonapplicableInterimbasicfinancialcondensednotesbutnotTheseinterimprovideonaperformanceandfinancialpositionsincethelastannualperiod.EarningsannouncementsFollowedbyacallinwhichseniorescribetheperformanceandquestionscallExternalandpeercompanies;Helpfulinassessing4.2.2.基礎(chǔ)題Q-2.AssumeGAAPunlessotherwiseWhenisgoingtobeputavote,byshareholders,annualmeetinga(n):annualC.managementofQ-3.WhichofistobewiththeUSSEC?AnnualForm10-KC.statementSolution:A.TheannualnotaoftheBisThe10-KSEC4-122Cisincorrect.AQ-4.Interimissuedsemi-annuallyorincludeaoffinancialC.audited.4.3.AuditsofFinancial4.3.1.重要知識點.Auditsoffinancialstatements定義：Auditreferstoprocessthatindependentaccountingfirmexaminedthecompany’sfinancialstatementsensuretheirspecifiedauditingstandards.理解：Auditsprovidereasonableassurancethatthefinancialstatementsfairlypresented,thatisahighdegreeofprobabilitythatfreeofmaterialfraudorillegalacts.Also,themustexpressopiniononcompany’sinternalcontrolsystems.Audit有四種類型分別是:unqualifiedopinion,qualifiedopinion,adverseopinion,disclaimerofopinionUnqualified(clean)opinion:thecomplianceapplicableaccountingstandards;Qualifiedopinion:containsexceptionsorfromaccountingprinciplesofdeviationspresentedtodeterminetheirimportance;Adversecontainsdeviationsfromaccountingstandards;Disclaimeropinion:theoffinancialhinderabilityopinion.4.3.2.基礎(chǔ)題Q-5.WhichofthefollowingmostaboutofauditorafirmTheensurefreefromorillegalfinancialaccordingtoaccepted5-122principles.C.expressopinionabouttheofcompany'sinternalQ-6.Inauditadditionalthatexplainsstandardisbestdescribeda(n):adversequalifiedopinion.C.disclaimerof4.4.StepsFinancial4.4.1.重要知識點.Stepsfinancialstatementframework:6個步驟（目標(biāo)、收集、處理、分析、結(jié)論、回顧）PhaseSourcesofOutputStatementofpurposesandobjectivesArticulatepurposeandcontextofanalysisNatureNeeds&concernGuidelinesAlistofspecificquestionsTimetable&budgetedresourcesFinancialdataDiscussionVisitsOrganizedF/SCollectdataProcessdataFinancialdatatablesCompletequestionnairesAdjustedF/SfromCommonsizestatementsRatios&ForecastspreviousphaseAnalyze/interpretprocesseddataInputdataAnalyticalProcesseddataConclusions&AnalyticalRecommendationAnalyticalPeriodicallyrecommendationsFollowUpdated&6-122repeatingrecommendations4.4.2.基礎(chǔ)題Q-7.Whichofthefollowingactivitiespartofprocessingphaseofaanalysis?AnalyzingtheofthePreparingcommon-sizedstatementC.Makingaccountingpolicies.4.5.TheFlow4.5.1.重要知識點.報表制作幾個步驟（從日記賬到報表）GeneralJournal:alltransactions,classifyingrelatedaccountorderadjustingspecific(日記賬);Generalledger:listsallentriestheirdatestheentriesinthegeneraljournalbyaccount(分類賬);Initialtrialbalance/adjustedtrialbalance:preparedendoftheaccountingperiodshowstheamountinaccount;recordsadjustmentoftheperiodthatchangestheamountintheaccountslistedininitialtrialbalance;Financialstatements:presentedinadjustedtrialbalancethenpresented4.5.2.基礎(chǔ)題Q-8.Thecollectionofallbusinesssortedtoatrialbalance.aC.ajournal.4.6.IssuesFinancial4.6.1.重要知識點7-1.四個報表之間的關(guān)系FinancialpositionThebalancesheetFinancialperformanceChangefinancialThecashflowstatementTheincomestatementAssets=+owner's??RevenueExpenses???OperatingcashflowsInvestingcashflowsFinancingcashflowsNetincomeNetcashinflowoutflowforfinancialTheofin.FinancialstatementelementsFinancialstatementelementsclassificationsofassets,owners'revenues,andAssetsresourcescontrolledbyanenterprisearesultofandfromwhichfutureeconomictotheenterprisetoExamples:cash,inventory,receivables,etc.Liabilitiespresentobligationsofenterprisearisingfromevents,thesettlementofisexpectedresultoutflowresourcesofaExamples:payable,financialetc.Owners'equitytheofassetsoverliabilities;residualofshareholdersinassetofentitydeductingliability.Owners'equityincludes:capital,retainedearnings,othercomprehensiveincome,etc.Incometheincreaseseconomicbenefitsformofenhancementsofordecreasesofliabilitiesthatresultinin(otherthanincreasesresultingfromcontributionsowners).Expensesareoutflowsoforinliabilitiesresultindecreasesindecreasesbecauseofdistributionstoowners).Exapmle:costofgoodssoldselling,general,administrativeetc.8-122ElementsAssetsDefinitionRelationshipCurrentassetsNoncurrentassets(Long-livedassets)Assets=+owner’sequityCurrentNoncurrent(Long-termOwner’sequity=ContributedcapitalLiabilitiesThesheet+BeginningretainedearningCapitalAdditionalcapitalRetainedearningsOtherpaid-in+Netincome(currentyear)-Dividend(currentyear)+OthercomprehensiveincomeOwner’sequitycomprehensiveincomeRevenueExpensesTheincomeRevenue–expenses=netstatement(currentyear)CostofgoodsoldOtherexpenseLosses.Accountingequation掌握公式：Assets=Liabilities+Owners’Assets=Liabilities+ContributedCapital+EndingretainedEarnings+accumulatedOCIAssets=Liabilities+ContributedCapital+BeginningRetainedEarnings+Revenue–Expenses–Dividends+accumulated4.6.2.基礎(chǔ)題Q-9.thestartofamonth,apaid$10,000incashcandies.HesoldworthofduringtheThemostoftransactionsonaccountingequationbedecrease$4,000.C.increaseby$2,000.Q-10.AssumeGAAPunlessotherwiseWhichoffollowingleasttobeclassifiedaelement?9-122C.NetQ-11.theoftheacompany'scapitalcontributedandearningsof$10,000and$6,000,Duringtheytheplace:NetincomeearnedInterestpaidondebt$500oflong-termdebtProceedsDividendspaid$600Theend-of-yearequityisclosestto:$19,900.$19,400.C.$20,400.Q-12.Thefollowinginformationisa($):December31,2018:120,0000NetincomeDividendspaidFinancial50%ofcomesfromcontributedcapitalDecember31,2019112,000(4,000)NetincomeyearnewdebtororIn2019,mostpaidadividendof$4,000.adividiendofC.paidadividendof$12,000.Q-13.Whatismostaccountingequationaofficeequipmentcash?AssetsliabilitiesAssetsowners'decreases10-122C.onequation4.7.AccrualsandAdjustmentsPreparingFinancial4.7.1.重要知識點.掌握以下幾種權(quán)責(zé)發(fā)生制basis):權(quán)責(zé)發(fā)生制是以權(quán)利和責(zé)任的發(fā)生來決定收入和費用歸屬期的一項原則。.收入應(yīng)與為取得該收入所發(fā)生的費用、成本相匹配，以正確計算在該會計期間所獲得的凈損益。.除了基本概念以外還需要掌握幾個名詞Unearnedrevenue或revenueThefirmcashitprovidesagoodorservicetoUnbilledrevenue或accruedrevenue:Ifearned,itisjustbillingdebthasnotbill,youshouldtherevenueunderandmostpurposes,shouldbethesame（unbilledunbilled轉(zhuǎn)為A/RPrepaidexpenses:Thefirmpayscashofunanticipatedexpense.Accruedexpensesisincurred,notyetpaid11-122duringaaccountingperiod.4.7.2.基礎(chǔ)題Q-14.Inaccrualifadjustinginreductionofrecordingofexpense,originatingmostaccruedexpense.C.prepaidexpense.Q-15.When,theofaccountingperiod,beentoexpensebeenincurred,thebusinessshouldaccruedexpense,asset.aprepaidexpense,C.accruedexpense,a4.8.IASBConceptualFramework4.8.1.重要知識點.ObjectivesTheobjectiveprovidefinancialinformationtheoffinancialinformationthatusefultocurrentpotentialprovidersofresourcesinmakingdecisions..QualitativecharacteristicsoffinancialstatementFundamentalcharacteristicsRelevance:relevantwouldpotentiallyaffectoradifferenceuser’sdecisions.Predictivevalue.makingforecast;Confirmatoryvalue.toevaluatepastdecisionsorforecasts;Materiality.ormisstatementofinformationcouldusers’decisions.Materialityafunctionofnaturemagnitudeoftheinformation.Faithfulrepresentation:relevantwouldpotentiallyaffectormakearenceuser’sdecisions.Complete:allinformationnecessarydepicted.Neutral:bias.Freefromnoofcommissionsoromissioninthedescriptionofthephenomenon.12-122FourenchancingqualitativeComparabilityrequiresmeasurementoffinancialinformationsimilardifferenthelpsanalystsidentifyanalyzedifferencesacrosscompaniesandperiods.Verifiabilitymeansthatdifferentknowledgeableindependentobserverswouldagreeinformationpresentedrepresentseconomicphenomenaittorepresent.Timelinessmeanstimelyinformationavailablemakerstotheirdecisions.Understandabilitymeansusersshouldbetounderstandinformation.conciseofinformationunderstandability..ConstraintsonfinancialstatementRelevantvs.:Thereisatradeoffbetweenrelevanttimely.Costvs.benefits:ThebenefitusersfromtheinformationshouldbegreaterthancostofpresentingNon-quantifiable:Non-quantifiableinformation(reputation,brandloyalty,capacityinnovation,etc.)cannotbecapturedinstatements..Generalfinancialpresentation;Goingconcern;Accrualbasis;Materialityandaggregation;FrequencyofComparativeinformation;of.U.S.GAAP&IFRSStandard-settingbodies:rules,GAAP;IASBIFRS.Regulatoryauthorities:SEC——FSA英國國際組織InternationalofSecurities(IOSCO)13-122ofstandard(兩個準(zhǔn)則制定機構(gòu)；三個監(jiān)管機構(gòu)；business的施壓。.BarrierscoherentfinancialreportingframeworkValuation:Measurementbasesforvaluationrequirelittlejudgment,suchhistoricalcost,maybelessabasislikefairvaluethatrequiresjudgment.Standard-settingapproachPrinciples-based:requirethepreparationsoffinancialauditorsexerciseconsiderablejudgmentinfinancialreporting—IFRS.Rules-based:establishesspecificforeachelementortransaction—GAAP.Thecommonconceptualframeworkismovingtowardobjectives-orientedapproach.4.8.2.基礎(chǔ)題Q-16.AccordingConceptualFinancialReporting,thetwothatinformationusefulbestas:timelinessaccrualunderstandabilityandC.relevanceQ-17.WhichofafinancialtoIASStatementofStatementofinincome.C.Statementofcomprehensiveincome.Q-18.UndertheInternationalAccounting(IASB's)ConceptualoneofqualitativeofusefulfinancialinformationisthatknowledgeablewouldagreetheafaithfuloftheeventsitisThisisdescribedas:14-122C.4.9.RevenueCriteria:Principle4.9.1.重要知識點.RevenuesGeneratedsellingorserviceinbusinessNetRevenue=-(e.g.,volumeorestimated.Expensesoforincreasesinliabilitiesthatresultindecreases(otherdecreasesbecauseofdistributionreductionsinnetassetswiththeofExpensestogethertheirorfunctionnature:e.g.,expensesaccountofwhethercomemanufacturingorFunction:e.g.,ofgoodssoldiscomposedofallmanufacturingcosts,suchmaterials,depreciation,etc..Grossprofitofrevenuecostsofdeliveringgoodsorservices.Operatingprofitdeductingoperatingexpensessuchselling,administeractive,anddevelopmentprofit..ThedescribesapplicationfivestepsrecognizingrevenueIdentifycontract(s)acustomer;IdentifyordistinctperformanceDetermineprice;Allocatethepricetotheperformanceas)entityaperformance4.9.2.基礎(chǔ)題Q-19.ofexpenseclassificationtaxexpense.expense.C.costofsold.15-122Q-20.artists’sellsonaconsignmentbasisalocalTheshouldmostgallery:signsfulfillssaleofC.determinestotheobligations.Q-21.Netrevenuemostlikelyminus:volumerevenuestonon-controllingC.estimatesofexpense.Q-22.Inapplyingofexpenserecognition,companiesshould:ofuncollectibleadirectofexcludeofusefullives.C.recognizecreditcustomer4.10.Non-Recurring4.10.1.重要知識點.Non-recurring分為三種Aboveline-unusualorinfrequent(nonrecurringUnusualorinfrequentoccurrence.NotReportedaboveline”presentedapretaxbasis.ExampleG/Lfromsaleoforpartofabusiness;Impairments;Write-offs,write-downs,restructuringcosts.BelowDiscontinuedoperationsoftax).Whenacompanyoforestablishesaplandisposeofofitscomponentoperationshavefurtherinvolvementoperation,theincomestatementreportsseparatelyeffectofdisposala"discontinued"underbothIFRSUSGAAP.ReportedseparatelyintheincomestatementNetoftax,afterincomefromcontinuingoperationsOnmeasurementdate,companywillaccrue16-122lossduringthephase-outperiodestimatedlosssaleofexpecteddisposalcannotbereporteduntilaftersaleiscompleted..Accountingchanges:包括changesaccountingprinciples,changesaccountingestimates.Changesaccountingprinciples需要追溯調(diào)整，即retrospective,放在直接調(diào)整期初留存收益）。Changesaccountingestimates一般是由于有了新的信息所導(dǎo)致的估計調(diào)整。不需要追溯調(diào)整，只考慮以后，即prospective.Erroradjustmentrecordedadjustment,也要求追溯調(diào)整。4.10.2.基礎(chǔ)題Q-23.Whichofthestatementisanon-operatingamanufacturingReceivingdividendsclassifiedPayingonC.RecordingbaddebtexpenseQ-24.AchooseschangeaccountingThischangethat,ifpractical,companyfor:allpriorperiods.currentperiods.C.priorshownina4.11.BasicEPSandEPS4.11.1.重要知識點.EPS掌握計算：公式BasicEPSDilutedEPS17-122AdjustedincomesharesDilutiveEPS=Weighted&potentialsharesoutstandingNIdivinterestt)-divconvertiblepreferredconvertibledebtpreferredconversionofconv.debtWACSOsharessharessharesconversionofconv.pfd.sharesissuablefromstockopt.在有stock時，如果平均的市場價格>stockmethod。計算DilutedEPS步驟Firstly,calculatebasicEPSThen,todilutivesecuritiesInend,tocalculatedilutedEPSDilutedEPSisnohigherbasicEPS關(guān)鍵考試中經(jīng)常出現(xiàn)的是weightednumberofcommonoutstandingdividend和stocksplit要追溯處理，new和repurchase只要時間加權(quán)DilutiveEPS的計算，就是convertiblebondconvertiblepreferredstock和stockoption，是否會讓basicEPS稀釋。對于各自可稀釋性債券分子，分母需要考慮什么，一定要記熟如果公司有的情況下，計算的treasurystockmethod影響計算的過程。事實上，stock的意思是假設(shè)公司使用收入的期權(quán)實行費用來回購股票，抵消一部分稀釋。當(dāng)期權(quán)執(zhí)行價格低于股票市場平均價格，該期權(quán)是稀釋的。注意，在計算可轉(zhuǎn)債帶來的稀釋時，不要忽略稅盾。Treasurystock投票權(quán)問題：votingdoesnotdividends.4.11.2.基礎(chǔ)題Q-25.AssumeGAAPunlessotherwiseanalystgatheredfollowinginformationaboutacompany:Sharesofcommon18-122Netincome30%valueofconvertiblebondswitha4%couponvalueofcumulativea7%dividendThebondsparcanbe300,000commonshares.Allsecuritiesoutstandingentireearningspercompanyto:$1.05.$1.26.C.$1.36.Q-26.analystcollecteddataaboutacompanyfollows:Netincome$1,500,000.00$10,000,000.00$1,500,000.0030%Debtwithacouponof5%stockswithdividendof6%numberofissued600,000Thecanbeinto20,000commondebtnotThedilutiveearningsperto:2.42.2.35.C.2.27.Q-27.BingoLtd.had800,000sharesoutstandingduringof2019.Bingohadoptionsoutstandingexercisepricesof$12Theaveragepriceofduring2019$20.Forpurposesofcomputingearningspershare,shareswouldbeuseddenominator?920,000.807,200.C.804,800.Q-28.ThefollowingfinancialinformationisavailabletheoftheIssuedSecurityAuthorizedOtherOutstandingCommon500,000250,000Currentlyadividendof$1perNonconvertible,cumulative;a19-122stock,SeriesAdividendof$4perConvertible;adividendof$7.50perEachconvertible2.5commonstock,SeriesBAdditionalinformation:ReportedincometheyearTheEPSclosest$3.08.$2.93.C.$2.91.Q-29.analystgatheredthefollowinginformationaboutacompany:commonsharesoutstandingfrombeginningofyear.Earningsofpreferredstocks,whichpaydividendof7%eachyear,andvalueis$1000forpreferredstockForpreferredstocks,700stockscanbeconvertedinto25each,andthesestocksoutstandingofbeginningofyear.Thetax40%.TheEPSisclosestto:$1.21.$1.18.C.$1.15.Q-30.IntocomputeEPSforcompany,whichoneofwillleastnumerator?ConvertibleConvertiblestocks.C.Stockoptions.4.12.ComprehensiveIncome4.12.1.重要知識點20-122Comprehensiveincome的基本了解.綜合收益comprehensiveIncome:changesexceptforownercontributionsanddistributions,單列在后面的，不放在I/S中。.CI=NI+comprehensive（在股東權(quán)益變動表中也包含這些項目,下沒有，但有OCI.Othercomprehensiveincome項內(nèi)容Foreignadjustmentonasubsidiary;Unrealizedonderivativesforhedges;Unrealizedonavailable(FVTOCI)securities;Certaincostsofacompany’sdefinedbenefitpost-retirementplansthatnotrecognizedincurrentperiod.(SolelyforIFRS)changesthevalueinofhistoricalcostoflonglivedassetsmeasuredusingrevaluationmodelratherthecostmodel..AccumulatedothercomprehensiveaggregatespastcurrentOCI并顯示在B/S中的中（IFRS沒有明確規(guī)定在中列出Accumulatedcomprehensiveincome的數(shù)額）。.ThestatementchangesequityAsummaryofallwithinequityaccounts4.12.2.基礎(chǔ)題Q-31.analystgatheredfollowinginformationafterofafiscalaboutalistedAvailable-for-salesecurities$150,000$80,000$450,000$150,000UnearnedCommonstock,$1parvaluestock,$100parvalueAdditionalpaidincapitalRetainedearnings$952,000$42,000AccumulatedothercomprehensiveincomeThecostofthesecurities$146Theequityisclosest21-122C.Q-32.WhichoffollowingnotincludedinothercomprehensiveForeignonaC.UnrealizedG/Lonhold-for-maturitysecurities.Q-33.ThefollowingdataonacurrentMetric￡thousands345,000incomeDividendspaidDividendEndingearningsOpeningearnings985,000643,000Thecompanymostotherincome(OCI)(in￡lossof42,000.lossof77,000.C.of422,000.4.13.Understanding4.13.1.重要知識點.掌握里面的知識點：AssetsProvideprobablefutureeconomiccontrolledbyentityaresultofprevioustransactions.CurrentandNon-currentLiabilitiesentitypreviousexpectedtoresultinoutflowofeconomicfuture.Currentandnon-currentliabilities(long-termliabilities).Stockholders’Residualinassetssubaliabilities22-1.Usesandbalancefinancialanalysis.Thebalancediscloseswhatowns(orcontrols),itowes,andwhat’claimspecificpointoftime.Liquidityiscompanysmeetitsshort-termcommitment.Solvencytoacompanysabilitytomeetfinancialoverlonger.Shareholders’equity:CapitalCommonstock,Additionalpaid-in-capitalCapitalinofpari.e.Stockbeentheissuingfirmnotyetstockvotingrights,dividendRetainedearningsNetIncome-dividendForeigntranslationadjustmentonasubsidiaryUnrealizedG/LonderivativesforcashhedgesUnrealizedonavailablesecuritiesAccumulatedotherCertaincostsofacompany’sdefinedbenefitcomprehensiveincomepost-retirementplansthatrecognizedthecurrentperiod(SolelyforIFRS)changesinvalueexcessofhistoricalcostoflonglivedmeasuredusingtherevaluationmodelratherthanthecostmodel.GroupaccountingMinority(MI)4.13.2.基礎(chǔ)題Q-34.UnderIFRS,inconsolidatedsubsidiariesispresentedbalancesheet:along-termapartofC.aliabilitiesandshareholders'Q-35.WhichoffollowingstatementsismostAclassifiedbalancesheetarisesopinion23-122materiallydepartnotNon-controllingthebalanceaownsothercompanies.C.stockisnon-votingnodividends.4.14.Accounting4.14.1.重要知識點金融資產(chǎn)和負(fù)債的計量.判斷證券所屬的種類，securities還是available-to-sale,并了解這三種證券不同的（考試常考）：Held-to-maturity(amortizedcost)securities(FVTPL)MeasurementAmortizedcostUnrealized/realizedorUnrealized:inI/SUnrealized:inI/SreportedI/SvaluevalueAvailable-to-sale(FVTOCI)Unrealized:inequity(OCI)I/SDividendandincomeandintheincomeallclassificationsofsecurities..三種marketablesecurities在U.S.GAAP與IFRSRealized在I/SG/L在OCIUnrealizedG/L在I/SDebtAFSIFRS下，對于匯率變化的影響在I/S中確認(rèn)；在GAAP下，對于匯率變化的影響全部在OCI。4.14.2.基礎(chǔ)題Q-36.Forclassifiedsale,howunrealizedgainsreflectedshareholders’equity?TheyTheyC.Theyacomponentofother24-122Q-37.Acompanybonds2012thatmaturein2022.Themeasurementbasisthatwillmostused2012balancesheetforbondsis:amortizedvalue.C.Historical4.15.CalculationofBadDebt4.15.1.重要知識點.掌握的計算：Beginningbalance+expenses-write-offsofdebtallowance=Endingbalancedebtdoubtfulcontra-assetsaccounts）debt4.15.2.基礎(chǔ)題Q-38.Basedtheaboutareceivables,baddebtexpensemillions)2014closest(￡millions)201492201356AccountsAllowancedoubtfulduring8442￡36.￡84.C.￡120.4.16.ClassificationCashFlow4.16.1.重要知識點理解各種的區(qū)分：.三種activities25-122Operating和每天的運營相關(guān)的現(xiàn)金流的流進(jìn)流出Investingactivities和由于投資引起的購買或出售相關(guān)Financingactivities,但是對于金融公司，這些都屬于activitiesItemInterestInterestU.S.GAAPCFOIFRSCFOorCFOorCFOorCFOorCFO,orCFODividendDividendCFOCFFCFO.特別注意公司的主營業(yè)務(wù)和投資產(chǎn)品的主要性質(zhì)activities務(wù)慮在activities4.16.2.基礎(chǔ)題Q-39.Aconversionofafacevalue$1millionconvertiblebondfor$1ofcommonstockmostlikelybe:reporteda$1millioninvestinginflowreporteda$1millioncashoutflowC.reportedtoQ-40.Theofabuildingwouldbeclassifiedwhatofflowstatement?C.Financing.Q-41.Instatementofcashflows,interestbyacompanyismostin:26-122eitherorfinancingsectionunderUSeitherorfinancingsectionunderC.onlyfinancingsectionbothIFRS4.17.CalculationofCFO:DirectIndirectMethod4.17.1.重要知識點CFO掌握概念及公式：.CFO計算方式：直接法和間接法，熟練掌握2種方法(公式).BothIFRSandUSGAAP都鼓勵使用直接法，但都可以使用間接法。在US下，直接法下必須披露間接法，IFRS沒有這樣的要求；如果用間接法，沒有要求披露直接法。.CFO理解：考題中會出現(xiàn)計算是無疑的；secondly，考題中會考核考生對CFO和之間關(guān)系的掌握；lastly和capital之間的關(guān)系，有時也會成為考核點。.CFO間接法間接法4.17.2.基礎(chǔ)題27-122Q-42.analystgatheredfollowinginformationacompany's2010statements(in$millions):31DecemberNet2019296.5157.4102.356.32020284.6148.3105.564.8Costofgoodssoldexcluded)AccountsInventoryAccounts25.524.1Basedontheinformationthecompany's2010ofinthedirectinclude$millions)cashclosestcashcustomerscashC.281.4287.8281.4158.2158.2155.4Q-43.analystfollowingacompany's2020$millions):Balancesof31DecemberRetainedearningsAccounts2019100482020125565246AccountsDividendPP&E35391210017030DepreciationexpenseThecompanydividendsafinancingThe2010flow$millions)to:50.56.C.69.Q-44.Thefollowingitemsacompany'sstatement.ClassificationofCashFlowOperatingactivitiesDescriptionAmount110,000Cash28-122InvestingFinancingactivitiesInterestdividends200,000NetofcreditWhichoftheandcompanymostlikelypreparationforfinancialstatements?IFRS,indirectEitherIFRSorUSdirectC.IFRS,directQ-45.AcompanyitsstatementsunderIFRSdisclosedfollowingitems.PurchasingcostofequipmentPresentvalueofFairvalue20016015010SellingcostsTheoperatingflowbeforeimpairmentconsideringimpairmentoftheequipment,theyear-endoperatingcashflowclosestto:80100C.140Q-46.Thefollowingannualfinancialacompany:￡BeginningCashpaid90.4103.384.5EndingInterestexpenseisclosestto:71.6.97.4.C.109.2.Q-47.WhichofUnderIFRS,theindirectmethodofUnderIFRS,canbeeitherorC.Underbankshouldbeclassifiedafinancing4.18.CalculationofCFIand29-1224.18.1.重要知識點.CFI和CFF掌握理解及公式理解：consistoftheandofresultingfromtheacquisitionordisposaloflong-term+CF-CFSaledebt&equityAcquisitionofdebt&SaleAcquisitionofLoansothersPrincipalreceivedloansmadetoGainorloss=–disposal=+purchase––depreciation.CFF:outflowsincapitalstructure;consistoftheinflowsoutflowsofborrowing,issue,paid.Dividend=-Dividenddeclared+ΔdividendOpening+Income–Dividenddeclared=Ending+CF-CFProceedsissuingstockstostockPrincipalpaiddebtPrincipalofdebtissuedDividendspaidto30-1224.18.2.基礎(chǔ)題Q-48.SilveragoIncorporated,internationalmetalscompany,reportedaonthesaleofequipmentof$2millionin2010.Inaddition,thecompany’sincomestatementshowsdepreciationexpenseof$8cashstatementshowscapitalexpenditureof$10million,allofthepurchaseofequipment.thefollowinginformationfromcomparativesheets,muchdidthecompanyfromtheequipmentBalanceSheetItem12/31/2009$100million$40million12/31/2010$105million$46millionChange$5million$6millionEquipmentAccumulateddepreciation—equipment$1million.$2million.C.$3million.Q-49.Assumeunlessotherwisetheofasoldequipment$40,000The$100,000theequipmentagoandhadof$60,000equipmenttheofAllelseequal,theequipmentsalewillincompany'sflowinvestingdecreasing$10,000.investingincreasing$40,000.C.operatingactivitiesbeing$40,000morenetincome.Q-50.Genitehassomeeventsduring2017,itisinbelow:PurchaseofsecuritiespurposesProceedsthesaleofsecuritiesProceedsissuanceof380540660355Purchaseof20%ofofOnthe2010ofcashflows,thecash(in‘000s)isto:-$355.-$195.C.$355.31-122Q-51.InacompanyrecordedseveraltransactionsunderU.S.GAAP.Thecompanypurchasedamachineupdatemanufacturing$150,000.During$140,000ofconvertible$24,000dividendsreceived;$42,000dividendspaid.Thepaymentofthecompanyincludes$34,000ofprincipal.The