會計員做cash flow FS時既困難???
會計員係prepare financial statement under cash flow accounting basis時會遇到d咩困難ar????
p.s. cash flow accounting basis係指income同expense only would recorded in
the financial statement when the cash flow is actually received or paid. Not the
time the transaction incurred.
- ?Lv 61 十年前最愛解答
你應該係指 Cash Basis Accounting 或 Cash Based Accounting。香港政府以前是用 Cash Based Accounting 的，有以下缺點及困難：
1. DRAWBACKS OF THE EXISTING BASIS OF GOVERNMENT ACCOUNTING
The existing basis of Government accounting has certain drawbacks as follows.
At present, most Government activities are accounted for on a cash basis. Incomings and outgoings of cash are recorded in the accounts when received and paid, not when the underlying income or expenditure is earned or accrued. This has the drawback that liabilities may go unrecorded, or income relating to future periods may be anticipated, and a misleading picture of the Government's financial position may be presented to the public. Further, since it is difficult to make management decisions based on such cash accounts, additional costing exercises must be performed to support decisions, which can result in duplication of work. Also, units may rush to spend their budget in cash before the end of the financial year, because there is no mechanism for carrying items forward. For these and others reasons, the private sector in Hong Kong and overseas prepares accounts on an accruals or matching basis.
2010-07-16 17:30:54 補充：
”Cash-basis accounting does not recognize promises to pay or expectations to receive money or service in the future, such as payables, receivables, and prepaid expenses".
2010-07-16 17:31:00 補充：
In addition, there is no inventory account under the cash basis method. Goods and materials purchased for sale are recorded as direct costs in the period that payment is made for those goods and materials.
2010-07-16 17:31:35 補充：
Cash basis accounting is a simple and inexpensive method to implement and utilize. It also provides an accurate representation of cash flow. Additionally, the cash basis method provides the opportunity to "defer taxable income by delaying billing so that payment is not received in the current year”.
2010-07-16 17:32:55 補充：
The revenue recognition principle requires that revenue be recognized when earned, not when the cash is received. The matching principle requires that expenses be matched against the related revenues, not at the time the cash is paid.
2010-07-16 17:33:11 補充：
Since the cash basis technique does not recognize receivables or payables, it is not an accurate method of measuring profit (Nelson). It may appear that the company is earning a profit when in fact the company is losing money.
2010-07-16 17:33:20 補充：
It is extremely difficult to determine the actual profit or loss, because cash basis accounting does not acknowledge money that is due or money that is owed.資料來源： http://www.hkdf.org/papers/961208accountg.htm, http://www.associatedcontent.com/article/108540/ca... http://www.associatedcontent.com/article/108540/ca... http://www.associatedcontent.com/article/108540/ca...