This article discusses the recognition of membership fees and depreciation expense in financial statements. It explains how membership fees are recognised as liabilities and how depreciation is treated in cash flow statements. The article also covers the importance of adjusting non-cash items while preparing cash flow statements.

Hand-in 2

Answering two questions related to financial statements and cash flow in the context of a fitness center and depreciation.

Learn about membership fee accounting and depreciation expense in cash flow statement. Understand the recognition of membership fees and depreciation expense in financial statements.

Membership Fee Accounting and Depreciation Expense in Cash Flow Statement

Accounting Concepts

This article discusses the importance of adherence to accounting standards, treatment of membership fees, profit and loss account, and cash flow statement in financial analytics for managerial decision making.

Financial Analytic for Managerial Decision

This presentation focuses on the financial statements when there is an indirect equity interest. It explains non-sequential acquisition, non-controlling interest, and direct and indirect equity interest. It covers balance sheets, income statements, cash flows, and consolidated financial statements. It also discusses the calculation of indirect interest and the concept of non-controlling interest.

Financial Statements with Indirect Equity Interest

Presentation

This article explains the difference between cash flow and net profit in a business organization. It discusses the reasons for the disparity between the two and the impact on financial statements. The article also highlights the disclosure requirements in relation to AASB 107 for preparing a statement of cash flow.

Difference between Cash Flow and Net Profit

Finance

The Statement of Cash Flows

This text provides insights on financial management in healthcare, including balance sheets, profit and loss statements, and cash flow statements. It also discusses the importance of liquid assets and the major debts of hospitals. Additionally, it offers tips for considering the purchase of a healthcare business.

Financial Management in Healthcare

Accountancy

This article covers accounting fundamentals including income statement, balance sheet, and ratios. It includes a case study of Kedison Plc's financial statements and ratios for 2019 and 2020. The article discusses the situation revealed by the ratios and concludes with the importance of accounting in effective business operations.

Accounting Concepts

Financial Analytic for Managerial Decisionlg...

Financial Statements with Indirect Equity Interestlg...

Difference between Cash Flow and Net Profitlg...

The Statement of Cash Flowslg...

Financial Management in Healthcarelg...

Accounting Fundamentals: Income Statement, Balance Sheet, and Ratioslg...

Financial Analytic for Managerial Decision

Financial Statements with Indirect Equity Interest

Difference between Cash Flow and Net Profit

The Statement of Cash Flows

Financial Management in Healthcare

Accounting Fundamentals: Income Statement, Balance Sheet, and Ratios