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[PDF] AP21A: Classification of income and expenses in the financing
The approach in that paper therefore aimed to identify income and expenses that are financing in nature, by including all income and expenses on liabilities
[PDF] AP21B: Analysis of expenses by function and by nature
analysis of expenses using the 'function of expense' method or the 'nature nature analysis may have arisen from cost accounting and financial management
[PDF] Expense Accounts - University of Southern Indiana
Expenses such as airfare, lodging, per diem, parking, tolls, registration fees, and ground transportation Examples include
[PDF] Paper 10- COST & MANAGEMENT ACCOUNTING AND FINANCIAL
which are to be attained Budgets are the maximum limits of expenses above which expenditure should not be incurred (v) Standards are pointers to further
[PDF] Understanding Costs and Revenues
26 oct 2011 · Income Statement: An accounting of sales, expenses and profit an income statement or balance sheet that has one or more
[PDF] GENERAL LEDGER CHART OF ACCOUNTS - Lehman College
5 oct 2016 · To establish definitions for the Operating Expense section of the related acquisitions with a purchase price greater than or equal to
[PDF] Accounting for Revenue and Non-Exchange Expenses - IFAC
The core principle of IFRS 15 is that an entity shall recognize revenue to depict the transfer of promised goods or services to customers in an amount that
[PDF] Administrative, Selling and Distribution Expenses that you may
Administrative Expenses include: • Management salaries • Clerical salaries • Insurance • Accounting fees Office rental or lease
![[PDF] Administrative, Selling and Distribution Expenses that you may](https://pdfprof.com/EN_PDFV2/Docs/PDF_2/1663_2financial_plan_template.pdf.jpg "[PDF] Administrative, Selling and Distribution Expenses that you may")
1663_2financial_plan_template.pdf Administrative, Selling and Distribution Expenses that you may consider in your financial plan Administrative Expenses include:
Management salaries Clerical salaries Insurance Accounting fees Rates Office supplies (Stationery) Depreciation of office equipment Depreciation of office furniture and fittings Lease of office equipment Legal fees Licenses and permits Office rental or lease TelephoneSelling and Distribution Expenses cover:
Freight costs Sales commission Insurance of goods in transit to customer Repair and maintenance of delivery vehicles Depreciation of delivery vehicles Rent and rates of warehouse Light and power for warehouse Insurance of warehouse Promotion expenses Discount allowed Bad debts Finance expenses generally cover interest on borrowed fundsCost of Producing Goods
Material Labour Direct expensesSee below for Financial Plan Templates
[Business Name]Balance Sheet
As at XXXXX
Items Year 1 Year 2 Year 3
Current assets
Cash at bank
Account receivable
Inventory
Prepaid expenses
Total current assets
Non-current assets
Land
Building
less accumulated depreciationEquipment
less accumulated depreciationFurniture and fittings
less accumulated depreciationMotor Vehicles
less accumulated depreciationTotal non-current assets
Total assets
Current liabilities
Bank Overdraft
Short-term debt
Accounts payable
Accrued expenses
Total current liabilities
Long-term debt
Total liabilities
Owner's equity
Capital
Profits (losses)
Drawings
Total owner's equity
Total liabilities and equity
[Business Name] Income Statement for the year ending XXXXX Qtr1 Qtr2 Qtr3Sales (units)
Sales Revenue
Less Cost of SalesGross Profit
Operating expenses
Promotion
Distribution
Administrative
Financial expenses
Total expenses
Operating profit before tax
[Business Name]Cash Budget For the year ending XXXX Qtr1 Yr 1 Qtr2 Yr 1 Qtr3 Yr 1 Qtr4 Yr 1 Total Qtr1 Yr 2 Qtr2 Yr 2 Qtr2 Yr 3