Page 230 - Finance for Non-Financial Managers
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SicilianoIndex.qxd 2/10/2003 9:51 AM Page 211
Index
A profits versus cash flow in,
Accelerated depreciation, 80 76–77
Accounting selling, 178–180
accrual basis, 25–27, 74-76 Accrual accounting, 25–27,
cash basis, 25-26,74-75 74–76
chart of accounts, 20–23 Accrued payroll, 43–44
Generally Accepted Accumulated depreciation, 40
Accounting Principles Accuracy of financial reports, 15
(GAAP), 7–9 Achievable goals, 146
importance of basic knowl- Acquisitions, 206–208
edge, 3–4 Across-the-board cuts, 165
importance of stability in, Additional contributed capital, 47
14–16 Administrative expenses, 60, 127
Accounting Department func- Affirmative covenants, 45
tions, 6–7 Aged trial balance of accounts
Accounting formula, 24 receivable, 105
Accounting scandals, 3 Allowance for bad debts, 36
Account numbers, 21–23 Amortization, 80, 81
Accounts payable Angel investors, 195–198
adjustments on cash flow Annual budgets. See Budgets
statement, 92–93 ARTistic financial reports, 14–15
as current liability, 42–43
Assets. See also Balance sheet
profits versus cash flow in, current, 34–39, 101–102
77–78
depreciating and amortizing,
as short-term debt, 175 79–81
Accounts receivable
fixed, 39–40, 62
adjustments on cash flow in fundamental accounting for-
statement, 89–90 mula, 24
days sales outstanding and,
other, 41
103–104, 105 purchase of, in cash flow
as loan collateral, 73,
cycle, 70
177–178, 187 sample chart of accounts, 21
overview, 34–36
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