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会计代写|中级财务会计代写Intermediate Financial Accounting代考|Analyzing reporting
In the wonderful world of accounting software programs, the drudgery of manual accounting frees up a small business owner’s time to do some meaningful analysis of revenue and expenses. In Figures 3-1 and 3-2, you can see that the income statement shows financial results for the period it represents; it lets the user know in the short term if a business is making money. More importantly, the relationship between the different accounts on the income statement clues the business owner to areas needing improvement.
For example, looking at the income statement for Keeping It Cheap, salaries are $\$ 50,000$, and the bottom-line net income is $\$ 30,255$. While Maggie’s pop-up shop is open for only two and half months (January 31 through April 15), Maggie works at her business year-round.
There is all the prep work before tax season starts. Maggie takes continuing education classes to get up to date on the changes in the tax code. She finds and negotiates the rent on an appropriate location, which may change year-to-year, and sets up an aggressive advertising campaign.
Just because it’s April 16, Maggie’s work is not done. There are always follow up telephone calls with customers about the status of their refund. Or the customer may have gotten a letter from the Internal Revenue Service, which Maggie has to address.
Looking at the $\$ 80,255(\$ 50,000+\$ 30,255)$, do you think this is reasonable compensation for working all those long hours during tax return plus the preparation and aftercare? Would your opinion change if you found out that Maggie has an
employee to whom $\$ 45,000$ of the wages was paid, thus reducing the net to Maggie to $\$ 35,255(\$ 80,255-\$ 45,000)$ ?
Another consideration is how many returns Maggie had to prepare to earn the $\$ 80,255$. It is easy to reckon you are making money if you have a solid balance in the company checking account. However, you need to see the figures on an income statement to really be able to evaluate how well your service type business is doing
Moving onto Izzie Tees and Jeans income statement, the No. 1 evaluation is checking cost of goods sold by figuring the gross profit margin, which is cost of goods sold divided by net sales. I know from experience that most retail shops use a keystone approach to pricing goods for sale.
Keystone means the shop applies a 100 percent markup. If you’ve never worked in retail, this is probably confusing. I’ll walk through an example:
Izzie buys 10 pairs of dark blue jeans from the manufacturer for $\$ 20 /$ pair or $\$ 200$ in total. Using a keystone margin, Izzie marks the jeans by the cost of the jeans. The jeans go on the rack for $\$ 40(\$ 20+\$ 20)$.
In my experience, it is very difficult to keystone t-shirts. Generally, their cost from the manufacturer or wholesale doesn’t allows for much retail markup wiggle room. Keeping that fact in mind, let’s figure Izzie’s profit margin to see how close she is coming to the keystone margin.
Net Sales $=\$ 143,450$, and cost of goods sold $=\$ 65,180$. Following the formula of cost of goods sold/net sales, Izzie’s profit margin is 45 percent. Izzie also has a sales report detailing sales by category. Based on the volume of jeans versus tees sold Izzie is happy with this profit margin.
会计代写|中级财务会计代写Intermediate Financial Accounting代考|Identifying cost issues
Trend analysis (see Chapter 14 ) is a fantastic tool to use to see whether issues exist in operating expenses. Trend analysis looks at accounting results over more than one financial period or year. In the busy hubbub of running your business, without trend analysis, you may not realize an expense, such as insurance, increases unreasonably one year over the next.
Horizontal and vertical analysis (see Chapter 14) are also valuable tools. Horizontal analysis compares accounts over different periods. For example, you compare 2021 salaries to 2020 salaries to see whether the increase or decrease match your assumptions going into 2021.
Vertical analysis compares all other accounts to sales. This gives management a heads up if an expense appears to be too high when compared to sales.
Normally businesses will apply trend, horizontal, and vertical analysis to all income statement accounts. You can see this at work in Chapter 14. When I am preparing analysis for a client, I apply the same analysis to balance sheet accounts (see Part 3) so that I can isolate and discuss fluctuations in asset and liability accounts.
At this point, you may be thinking, okay what assumptions? How do I know what I should be expecting to see? Enter the budget, which is the result of estimating revenue and expenses now for what you expect future periods to bring.
Preparing a budget can be difficult. It may seem like you are merely looking into the future, guessing at projected revenue and expenses. However, using financial and managerial accounting concepts, considering your overall business climate, and factoring in past performance should produce a workable budget.
Getting into the nitty-gritty of preparing all the different types of budgets is outside the scope of this chapter. However, later in this chapter, in the “Managing Cash” section, I introduce one type, the cash budget.
The topic of budgeting and preparing budgets is typically in the chapter of your financial accounting textbook that covers cost planning. Managerial Accounting For Dummies (Wiley) by Mark P. Holtzman is also a great resource for those budgetminded accounting students and small business owners!

财务会计代考
会计代写|中级财务会计代写Intermediate Financial Accounting代考|Analyzing reporting
在会计软件程序的美妙世界中,手工会计的繁琐工作可以让小企业主腾出时间对收入和支出进行一些有意义的分析。在图 3-1 和 3-2 中,您可以看到损益表显示了它所代表的时期的财务结果;它让用户在短期内知道企业是否在赚钱。更重要的是,损益表上不同账户之间的关系为企业主提供了需要改进的地方。
例如,查看 Keeping It Cheap 的损益表,工资是$50,000, 底线净收入为$30,255. 虽然 Maggie 的快闪店只营业两个半月(1 月 31 日至 4 月 15 日),但 Maggie 全年都在她的公司工作。
在报税季开始之前有所有的准备工作。Maggie 参加继续教育课程,以了解税法的最新变化。她在合适的地点找到并协商租金,该地点可能每年都会发生变化,并开展了积极的广告活动。
正因为是 4 月 16 日,Maggie 的工作还没有完成。总是会与客户就退款状态进行跟进电话。或者,客户可能已经收到了来自美国国税局的一封信,玛吉必须处理这封信。
看着$80,255($50,000+$30,255),您认为这是对在报税期间长时间工作以及准备和善后工作的合理补偿吗?如果你发现 Maggie 有一个
雇员$45,000工资的一部分已支付,因此将 Maggie 的净收入减少到$35,255($80,255−$45,000) ?
另一个考虑因素是 Maggie 必须准备多少回报才能获得$80,255. 如果您在公司支票账户中有稳定的余额,很容易认为您正在赚钱。但是,您需要查看损益表上的数字才能真正评估您的服务类型业务的表现如何
转到 Izzie Tee and Jeans 损益表,排名第一的评估是通过计算毛利率来检查销售成本,毛利率是销售成本除以净销售额。我从经验中知道,大多数零售商店都使用基石方法来对待售商品进行定价。
Keystone 意味着商店应用 100% 的加价。如果您从未在零售业工作过,这可能会令人困惑。我将通过一个示例:
Izzie 从制造商那里购买了 10 条深蓝色牛仔裤$20/对或$200总共。使用梯形边距,Izzie 通过牛仔裤的成本来标记牛仔裤。牛仔裤放在架子上$40($20+$20).
根据我的经验,梯形 T 恤非常困难。一般来说,他们来自制造商或批发商的成本不允许有太多的零售加价回旋余地。牢记这一事实,让我们计算一下 Izzie 的利润率,看看她离基石利润率有多近。
净销售额=$143,450, 和销货成本=$65,180. 按照销售成本/净销售额的公式,Izzie 的利润率为 45%。Izzie 还有一份销售报告,按类别详细说明销售情况。根据牛仔裤与 T 恤的销量,Izzie 对这一利润率感到满意。
会计代写|中级财务会计代写Intermediate Financial Accounting代考|Identifying cost issues
趋势分析(见第 14 章)是一个很好的工具,可以用来查看运营费用中是否存在问题。趋势分析着眼于多个财务期间或一年的会计结果。在经营业务的忙碌喧嚣中,如果没有趋势分析,您可能不会意识到保险等费用在接下来的一年中会不合理地增加。
横向和纵向分析(见第 14 章)也是有价值的工具。横向分析比较不同时期的账户。例如,您将 2021 年的工资与 2020 年的工资进行比较,以查看增加或减少是否符合您对 2021 年的假设。
纵向分析将所有其他帐户与销售额进行比较。如果与销售相比,费用似乎太高,这可以让管理层保持警惕。
通常,企业将对所有损益表账户应用趋势、水平和垂直分析。您可以在第 14 章看到这一点。当我为客户准备分析时,我将相同的分析应用于资产负债表账户(见第 3 部分),以便我可以隔离和讨论资产和负债账户的波动。
在这一点上,你可能会想,好吧假设是什么?我怎么知道我应该期待看到什么?输入预算,这是现在为您预计未来期间带来的收入和支出估算的结果。
准备预算可能很困难。您似乎只是在展望未来,猜测预计的收入和支出。但是,使用财务和管理会计概念,考虑您的整体商业环境,并考虑过去的表现,应该会产生一个可行的预算。
准备所有不同类型的预算的细节不在本章的范围内。然而,在本章后面的“管理现金”部分,我将介绍一种类型,即现金预算。
预算编制和准备预算的主题通常在您的财务会计教科书中涵盖成本计划的章节中。Mark P. Holtzman 的《傻瓜管理会计》(Wiley)对于那些精打细算的会计学生和小企业主来说也是一个很好的资源!

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