ADMN 3221H Lecture Notes - Lecture 4: Cash Flow, Financial Instrument, Income Statement

• School: Trent University
• Department: Business Administration
• Course: ADMN 3221H
• Professor: Peggy Wallace

Document Summary

Lecture 4 - financial position and cash flows. Week 4: financial position and cash flows. Net week chapter 6 revenue recognition. Mid-term tuesday, oct. 16th: written during class period review class next week october 9th, 2 hours, written in tsc1. 20 reading week week of october 22nd 26th no classes. Tuesday, november 6th,last day to withdrawal from course without academic penalty. Quality earnings: content, presentiation, transparency, clutter and obfuscation. Contractual rights to receive cash or another financial instrument. Understand the statement from a business perspective. Prepare a statement using the indirect method. Ifrs: flexibility in category where interest expense and dividends are reported, preferred shares with short maturity may be classified as cash equivalents. Calculating financial liquidity and flexibility and free cash flow. Contingent liability is near the back of the list of notes. You can decide if you want to present the dividends you pay under financing activities or operating activities: choice under ifrs.