会计报表so

FRS 3是一个重要的英国会计准则标准，指导如何对财务执行情况进行记录和报告。这个会计准则包括以下主要内容:Continuing operations(持续经营),Discontinuing operations(间断经营),Exceptional items(例外项目),Extraordinary items(非常项目),EPS(Earnings per share), additional statement(补充报表)等等.例子:FRS 3: Reporting financial performanceThis article is one of a series that examines all the Financial Reporting Standards (FRSs) that are currently in issue. From the February to May issues of the Newsletter we concentrated on the four FRSs that were issued in August — October 1998. New FRSs are often examined first in paper 13 rather than paper 10. Therefore it might be said that these articles have been primarily directed at paper 13 students. These articles are on ACCA's internet site at http://www.acca.org.uk/publications. The pendulum certainly swings back this month since FRS 3 is a key standard for paper 10 students and it appears fairly often in the paper 10 examination. The FRS is important at paper 13 too but is unlikely to be the subject of a full question at Module F stage.Overall objectiveThe overall objective of the FRS is to require all entities falling within its scope to highlight a range of important components of financial performance to aid users in understanding the performance achieved by an entity in a period and to assist them in forming a basis for their assessment of future results and cash flows. It was felt by the ASB that financial statements, as previously constituted, placed too much emphasis on one single performance indicator, namely profit attributable to ordinary shareholders.As its name suggests, this FRS contains a number of key reporting requirements. First of all, we'll look at the changes that FRS 3 makes to the look of the profit and loss account. One of the key objectives of FRS 3 is to direct the attention of the user to a number of key indicators from this statement. Prior to the issue of FRS 3, it was widely felt that too much attention was paid to one figure from the profit and loss account — the profit attributable to shareholders. FRS 3 uses a layered format to highlight a number of important components of financial performance. The important components which FRS 3 requires to be highlighted are:the results of continuing operations (separately highlighting the results of acquisitions in the year, if material);the results of discontinued operations;the results of exceptional transactions — analysed over continuing and discontinued operations;extraordinary items.Format of the profit and loss accountA format for the profit and loss account, drawn up in accordance with the provisions of FRS 3, follows:Continuing OperationsDiscontinued Operations3 Where new operations are acquired in the period that have a material effect on the entity then FRS 3 requires that they be disclosed separately as part of continuing operations down to operating profit level. The minimum disclosure that is required on the face of the profit and loss account is turnover and operating profit — the analysis of cost of sales and other operating expenses can be given in the notes to the financial statements.Definition of a discontinued operationOne of the things you will notice about this format is that there are a number of indicators of performance that could be selected by a user. In particular, it is possible for a user to separately identify the results of continuing operations from the results of discontinued operations down to and including the operating profit level. Therefore, it's very important that we know exactly what a discontinued operation is. FRS 3 defines a discontinued operation in detail. The definition is shown below:A discontinued operation is an operation that is sold or terminated and that satisfiesall of the following conditions:the sale or termination is completed either in the period or before theearlier of three months after the commencement of the subsequent period or the date on which the financial statements are approved;if a termination, the former activities have ceased permanently;the sale or termination has a material effect on the nature and focus of the reporting entity's operations and represents a material reduction in its operating facilities resulting either from its withdrawal from a particular market (whether class of business or geographical) or from a material reduction in turnover in continuing markets;the assets, liabilities, results of operations and activities are clearly distinguishable, physically and operationally and for financial reporting purposes.You can see that the definition and identification of a discontinued operation is key to the reporting of financial performance. Clearly a user of the financial statements will regard such operations as not being important in assessing the future prospects of the business. Therefore, there is an obvious temptation for preparers to report all loss making activities as discontinued operations and to load as many costs as possible into those operations! However, the definition is such that not all operations which are closed or terminated will in fact be classified as discontinued and the FRS states that only income and costs which are directly related to discontinued operations should appear under the heading of discontinued operations.Recognition of a decision to sell or terminate an operationAn issue which is closely related to the identification of an operation as continuing or discontinued is the timing of recognising the consequences of a decision to sell or terminate. The FRS says that as soon as a business makes a decision to sell or terminate an operation to which it is clearly committed then the business should make a provision for all the obligations which have been incurred that are not expected to be covered by future profits of that operation. The provision will be for the direct costs of terminating the operation and any operating losses of the operation from the date the decision is made to the date the termination is expected to be completed. Such a provision may of course appear in the continuing or the discontinued operations category, depending on whether the relevant opera tions qualifies as a discontinued operation in the year the provision is made.There is a clear link here between the requirements of FRS 3 and those of FRS 12, Provisions and Contingencies. This relatively new FRS was discussed in an article in the March edition of the Student Accountant. FRS 12 states that a provision is appropriate when a legal or constructive obligation exists for the entity. Whilst the term `legal obligation' is fairly clear and unambiguous the term `constructive obligation' requires some more explanation. A constructive obligation arises when an entity has, by its actions, effectively committed itself to a plan from which it cannot realistically withdraw. Evidence of this is normally taken from prior practice of the entity. This means that where previous transactions of the same type were at the same stage as the current transaction is at the balance sheet date then a legal obligation followed shortly after. Under FRS 12 mere intention to act is not normally indicative of a constructive obligation — the entity must at least have begun to take steps to implement its plans.Exceptional items and ordinary activitiesThe FRS 3 definition of exceptional items is given below:Exceptional items are material items which derive from events or transactions that fall within the ordinary activities of the business and which need to be disclosed by virtue of their size or incidence if the financial statements are to give a true and fair view.We can sum this definition up by saying that exceptional items arelarge, unusual items which are derived from the ordinary activities of the business. They could, of course, relate to continuing or discontinued operations. A question which this raises is, what exactlyare ordinary activities. FRS 3 gives the following definition of ordinary activities:Ordinary activities are any activities which are undertaken by a reporting entity as part of its business and such related activities in which the reporting entity engages in furtherance of, incidental to, or arising from, these activities. Ordinary activities include the effects on the reporting entity of any event in the various environments in which it operates, including the political, regulatory, economic and geographical environments, irrespective of the frequency or unusual nature of the events.One thing which should strike you on reading this definition is that it's so wide that it includes virtually anything! In fact, it's virtually impossible to think ofany transaction which would fall outside the definition of ordinary activities. We'll think about this again in a moment when we come to talk about extraordinary items.All exceptional items need to be disclosed separately, either in a note to the financial statements or on the face of the profit and loss account. Whilst the FRS generally allows note disclosure for exceptional items, it does lay down that certain exceptional items must be disclosedon the face of the profit and loss account. The exceptional items which must be shown in this way are:profits or losses on the sale or termination of an operation;costs of a fundamental reorganisation or restructuring having a material effect on the nature and focus of the reporting entity's operations;profits or losses on the disposal of fixed assets (which must be computed as the difference between the sales proceeds and the carrying value of the fixed asset in the financial statements immediately before the disposal).In addition to the requirement to disclose certain exceptional items separately on the face of the profit and loss account, there is also the requirement to show the taxation and (in the case of consolidated financial statements) the minority interest attributable to such exceptional items as a note.Extraordinary itemsExtraordinary items are defined in FRS 3 as:"Material items possessing a high degree of abnormality which arise from events or transactions that fall outside the ordinary activities of the reporting entity and which are not expected to recur. They do not include exceptional items nor do they include prior period items merely because they relate to a prior period."You may have noticed that extraordinary items fall outside the ordinary activities of the business. We have already noticed that the definition of ordinary activities is so wide as to include virtually anything. Therefore, it could well be impossible for any transaction to be shown as an extraordinary item! Consequently, the advice should be — don't worry about it too much.Disclosure of Earnings Per Share [EPS]You will probably be aware that companies have been required to disclose their EPS on the face of the P/L account ever since SSAP 3 was issued way back in 1972. The EPS focuses on the profit attributable to the equity shareholders and expresses the profit (in pence) per equity share. SSAP 3 has recently been withdrawn and replaced by FRS 14 (discussed in the May 1999 Student Accountant). However, the basic requirements regarding the computation and disclosure of EPS haven't changed too much.FRS 3 is seeking to eliminate ways of diverting attention away from unfavourable transactions which have occurred during the year. In the past the EPS of a company was computed on the profit before extraordinary items so the attraction of designating a loss as an extraordinary losswas that it didn't affect EPS. FRS 3 has put a stop to this by requiring that EPS be computed on the profit after extraordinary items. You could accuse the ASB of doing a `belt and braces' job here, because the likelihood of any losses actually being designated as extraordinary is quite low, as we've already seen.You could argue that the EPS statistic is a bit out of step with the spirit of FRS 3 as it requires users to focus on one single measure of performance — the very thing FRS 3 is seeking to move away from! Therefore, whilst FRS 3 affirms that the EPS figure is to be calculated and disclosed based on the profit attributable to equity shareholders it does permit, and some would even say encourage, companies to compute an alternative EPS-based statistic such as, for example, the profit on continuing operations. The rationale is that such a statistic would be potentially more useful to a user as an indicator of future performance. Where an alternative EPS is calculated, then companies are required to reconcile the alternative EPS to the EPS calculated in accordance with FRS 14.The Statement of Total Recognised Gains and LossesWe've already talked about what is probably the major reason FRS 3 was issued, being to make the profit and loss account more informative. Another main objective of the FRS is to enable the user to reconcile the gains and losses which are reported in the profit and loss account with the total gains and losses which the reporting entity has made in the period. Whilst it is certainly true that the vast majority of gains and losseswill go through the profit and loss account there are certain gains and losses which don't. A number of gains and losses are either permitted or required by Company Law or Accounting Standards to be dealt with through reserves. Examples include:revaluation of fixed assets;most gains or losses on the translation of the financial statements of overseas subsidiaries for consolidation purposes;prior period adjustments.Prior period adjustments are defined in FRS 3 as:"Material adjustments applicable to prior periods arising from changes in accounting policies or from the correction of fundamental errors."FRS 3 requires that reporting entities produce a statement which showsall the gains and losses which have been made in a particular period. Not surprisingly, such a statement is called a Statement of Total Recognised Gains and Losses.Note of historical cost profits and lossesThis statement is only sometimes required. The reason for this is that many companies prepare their primary financial statements on a pure historical cost basis anyway so the statement wouldn't add anything. The most common reason for departure is where a company decides to revalue some or all of its fixed assets. In such cases the amounts included in the profit and loss account in respect of depreciation and profit or loss on sale will be affected by the decision to revalue. Given the lack of standardisation which currently exists regarding the revaluation of fixed assets (even after the issue of FRS 15 revaluation of fixed assets is optional) the ASB considers that a note of the historical cost profits and losses would be useful for a company whose historical cost profit differed materially from its reported profit.An example of a suitable note is given below (consistent with the profit and loss format already used):£000Reported profit on ordinary activities before taxation 45Realisation of property revaluation gains of previous years 9Difference between actual depreciation charge and the depreciation charge based on pure historical cost 5Historical cost profit on ordinary activities before taxation. 59Historical profit for the year retained after taxation, minority interests, and dividends. 35Changes in accounting policy — UITF 14Given the concept of consistency and the hopeful rarity of a company making afundamental error you wouldn't expect to see prior year adjustments too often. Indeed, the 1985 Companies Act requires inter-alia that accounting policies should be applied consistently from one financial year to the next. A change of policy is only permitted if it appears to the directors that there are special reasons for the departure from the old policy. In such cases, the Act requires disclosure of `particulars of the departure'. The UITF has received legal advice that in order to comply with this disclosure details of the effect of the policy change on the results for the current year will also be required. Consequently they have UITF Abstract 14, Disclosure of Changes in Accounting Policy. UITF 14 requires that, where a change in accounting policy occurs, then, in addition to the disclosures required by FRS 3, an indication should be given of the effect on the results of the current year.FRS 3 — Dissenting voiceOne of the members of the ASB dissented from the standard in the form it was published. This is because the FRS contains no requirement to analyse the results of entities acquired and disposed of during the year below the profit before tax line. In particular, the effect of taxation and minority interests on the gain or loss on disposals is not highlighted. Taxation on the profits on disposal of businesses are based on the difference between the sales proceeds and the cost of the investment. In a group situation therefore the accounting and taxable profits could often be materially different in a disposal situation. FRS 3 would not require such differences to be highlighted and so (in the view of the dissenter) the usefulness of financial statements to users could well be adversely affected. The dissenter suggests that the headings profit before tax, profit after tax and minorities and earnings per share should all be analysed into continuing and discontinued operations.FRS 3 — Auditing implicationsSSAP 6 (which FRS 3 has replaced) was in many ways a nightmare for the auditor. The definitions of extraordinary and exceptional items were capable of being interpreted in so many different ways that it was almost impossible to `police' practice in this area.The additional guidance given in FRS 3 concerning the application of the definitions is likely to make the auditor's task easier in this respect. Auditors will also welcome the change to the definition of `Earnings' for EPS purposes. The fact that, under the old SSAP 3, exceptional items affected EPS whereas extraordinary items did not, often seemed to be a crucial factor influencing the choice by the client of the accounting treatment of `unusual items'.The classification of profit and loss items into continuing and discontinued operations will need to be policed very carefully by the auditor. There will be a temptation for clients to `hide' loss making activities in discontinued operations if at all possible so as to avoid their being used in a `trend' analysis of performance.Closing remarksFRS 3 has a very important role to play in enhancing the quality of financial reporting. Its two key aims are:to make the profit and loss account more informative through further identification of key components;to enable a user to reconcile the profit that is reported in the profit and loss account to the change in net assets (or if you like shareholders funds) that is revealed in the Balance Sheet.The first of these aims is achieved by the analysis of profits into continuing and discontinued operations, with separate disclosure of unusual items. The second aim is achieved by requiring a statement of total recognised gains and losses and a statement of movement on shareholders funds.

年度报表(10-K表)季度报表(10-Q表)当期报表(8-K表)

10-K财务报表是美国证券交易委员会SEC）要求上市公司必须每年提交的有关其财务表现与公司运营的综合性报告，具体来说包括公司历史，组织架构，财务状况，每股收益，分支机构，高管薪酬等信息。该10K报告所包含的内容比常见公司年度报告要详细得多。投资者们阅读上市公司的10-k报告，可以全面了解公司运营发展情况，有利于做出合理的股票、债券买卖决策。10-K 表格 适用于美国上市公司。_敲磕昴甑缀螅不超过60天（次年2月底以前），公司要向 US Securities and Exchange Commission 递交的表格，内容包括公司历史、结构、股票状况及盈利情况。_甓缺ū(10-K表) 季度报表(10-Q表) 当期报表(8-K表)。拓展资料财务报表的作用1.全面系统地揭示企业在一定时期的财务状况运营结果和现金流有助于管理人员理解这张表完成各种任务指标。评估管理人员的运作情况成就，以便及时发现问题，调整管理方向，制定变革措施良好的管理水平，提高经济效益，用于经济预测和决策提供基础2、有利于国民经济管理部门了解国民经济线路状态。总结所有单位提供的财务报表数据并分析了解和掌握各行业和地区的经济发展为了宏观控制经济运行，优化资源分配，确保国家人民经济稳步、可持续地发展。3.投资者、债权人和其他相关方掌握是有益的企业财务状况、运营结果和现金流，然后积分企业盈利能力、偿付能力、投资收入、发展前景分析等等，为他们的投资、贷款和贸易决策提供基础。4、有利于满足金融、税务、工商、审计等部门的需求监督企业的运营和管理。通过财务报表可以进行检查和监督企业是否遵守国家法律、法规和制度，是否存在盗窃逃税行为。

会计报表是企业财务报告的主要部分，是企业向外传递会计信息的主要手段， 会计报表是根据日常会计核算资料定期编制的。综合反映企业某一特定日期财务状况和某一会计期间经营成果、现金流量的总结性书面文件。它是企业财务报告的主要部分，是企业向外传递会计信息的主要手段。现在的会计报表是企业的会计人员根据一定时期（例如月、季、年）的会计记录，按照既定的格式和种类编制的系统的报告文件。随着企业经营活动的扩展，会计报表的使用者对会计信息的需求的不断增加，仅仅依靠几张会计报表提供的信息已经不能满足或不能直接满足他们的需求，因此需要通过报表以外的附注和说明提供更多的信息。看看这个吧：

Form 10-K 10-K 表格 适用于美国上市公司。 是每年年底后，不超过60天（次年2月底以前），公司要向 US Securities and Exchange Commission 递交的表格，内容包括公司历史、结构、股票状况及盈利情况。 年度报表(10-K表) 季度报表(10-Q表) 当期报表(8-K表)

Form 10-KThe SEC requires that companies provide financial information in ongoing periodic statements so that these companies can be adequately monitored. The Form 10-K is an annual report, which “provides a comprehensive overview of the company’s business and financial condition,” according to the SEC. This form includes specific audited financial statements. Form 10-K must be filed within 90 days of the end of the company’s fiscal year.Form 10-QForm 10-Q can be thought of as “filling in the gaps” in between filings of Form 10-K. Form 10-Q is intended to provide a continuous picture of a company’s financial standing. It must include unaudited financial statements. Form 10-Q must be filed for each of the first three quarters of the company’s fiscal year.Form 8-KThis form is what companies file with the SEC constantly so that shareholders can see where the company is standing. Form 8-K doesn’t need to be submitted in certain time increments; instead, it needs to be submitted after “major events,” which would be of interest to shareholders. These events include, but are not limited to, declaring bankruptcy, completing an acquisition of assets, measuring operations within the company, the unregistered sale of equity securities, and several other internal operations changes.It is essential for American businesses to understand corporate securities laws because the risks of missing a filing deadline are very high. Although these forms may seem like a complicated hassle to the businesses themselves, all of these measures are intended to protect companies, shareholders, and investors alike. It’s no surprise that the processes abiding by corporate and securities laws are complex; U.S. money market funds alone are worth around $3 trillion, and the SEC brought down a record 755 cases in 2014, totaling $4.1 billion, for violations.If your company needs assistance with anything related to corporate law filings, it’s imperative to contact a corporate lawyer or corporate securities law firm for assistance.