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FORMULA SHEET CORPORATE & MANAGEMENT ACCOUNTING A+ latest updated version 100 percent success for sure

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FORMULA SHEET CORPORATE & MANAGEMENT ACCOUNTING CHAPTER 1: INTRODUCTION TO FINANCIAL ACCOUNTING Balance Sheet Equation: Assets = Liabilities + Owner’s Equity Owner’s Equity = Assets – Liabilities CHAPTER 2: CORPORATE FINANCIAL REPORTING EVA = “Net Operating Profit after Taxes” – ...

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  • July 9, 2024
  • 8
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers

Subjects

  • formula
  • formula sheet
  • corporate
  • management
  • accounting
  • latest updated version 100 percent success for su
  • formula sheet corporate management accounting
  • corporate management accounting

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  • FORMULA SHEET CORPORATE & MANAGEMENT ACCOUNTING
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FORMULA SHEET
CORPORATE & MANAGEMENT ACCOUNTING
CHAPTER 1: INTRODUCTION TO FINANCIAL ACCOUNTING
Balance Sheet Equation:
Assets = Liabilities + Owner’s Equity
Owner’s Equity = Assets – Liabilities
CHAPTER 2: CORPORATE FINANCIAL REPORTING
EVA = “Net Operating Profit after Taxes” – (Equity Capital X % Cost of Equity
Capital).

Market Value-Added = Company’s total Market Value – Capital Invested (OR)

Market Value-Added = Market Value of equity – Book value of equity (OR) EVA = (ROI –
WACC) x Capital employed

*Market value of equity = Book value of equity + Present value of all future EVA.

CHAPTER 3: CASH FLOW STATEMENT
Cash Collected from Debtors = Credit Sales + Decrease in Accounts Receivable or
- Increase in Accounts Receivable

Purchases = Cost of Goods Sold + Closing Stock - Opening Stock (OR) Purchases = Cost
of Goods Sold + Increase in Stock or - Decrease in Stock

Cash Paid to Suppliers = Purchases + Opening Balance of Creditors (Bills Payable) -
Closing Balance of Creditors (Bills Payable). (or)

Cash Paid to Suppliers = Purchases + Decrease in Accounts Payable or -Increase in
Accounts Payable

Cash Paid for Wages and Salaries = Wages and Salaries Expenses + Opening
Balance of Outstanding Wages and Salaries - Closing Balance of Outstanding Wages
and Salaries.

Rent Received = Rent Revenue + Opening Balance of Rent Receivable -Closing
Balance of Rent Receivable

Interest Paid = Interest Expenses + Opening Balance of Outstanding
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, Interest - Closing Balance of Outstanding Interest

Cash Paid for Insurance = Insurance Expenses + Closing Balance of Unexpired
Insurance - Opening Balance of Unexpired Insurance


CHAPTER 4: OVERVIEW OF COST
COST SHEET: ABSORPTION COSTING:
Particulars Rs.
Opening Stock of Raw Materials
Add: Purchases (including Carriage Inwards, Transit Insurance
etc.)
Less: Closing Stock of Raw Materials

Direct Materials Consumed/Raw Materials Consumed Add:
Direct Labour
Add: Direct Expenses

PRIME COST
Add: Factory Overheads
Add: Opening Stock of Work-in-Progress Less:
Closing Stock of Work-in-Progress

FACTORY COST/WORKS COST Add:
Quality Control Cost
Add: R & D Cost
Add: Administration Overheads (related to Factory)
Less: Credit for Recoveries/Scrap/ By Product/ Misc Income
Add: Packing Cost


COST OF PRODUCTION
Add: Opening Stock of Finished Goods Less:
Closing Stock of Finished Goods

COST OF GOODS SOLD
Add: Administrative Overheads (General) Add:
Marketing Overheads
- Selling Overheads
- Distribution Overheads

COST OF SALES


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