外研版财会专业英语教案 Unit 8 Financial Statement教案

字号：T|T

Date: May.9
Period: 2
Content：Unit 8 Financial Statement
Teaching aims:
1. review the primary financial statements
2. learn the classified financial statements for a merchandising business
3. learn how activities affecting cash flows are classified
4. learn to prepare the statement of cash flows
Teaching focus:
1. the major words and phrases
2. types of statements
3. balance sheet
Teaching difficulties:
1. know how to watch the balance sheet
2. know how to watch the classification of cash flows
Teaching procedures:
Step 1: words and phrases
First, let the Ss learn some new words and phrase and the expression in this unit.
Available-for-sale securities, business performance, capital acquisition
Financial management
Gain or loss on sale of asset
Indirect method, operating income, purchase returns
Step 2:
Review of transactions and summary of account balances for Whitman Company
1. summary and adjustment of transactions
for summary and adjustment of Whitman’s transactions, the teacher will let the Ss look at the exhibit8-1, looking at the exhibit form, and know how to watch the list.
2. Whitman’s account balances
Looking at the exhibit8-2, the Whitman’s year-end T Account Balances, let the Ss look at all the T account, and pay attention to the interpretation of the amounts in the cash account.
3. balance sheet
balance sheet is one of the important sheet in accounting, so the teacher will analysis the balance sheet in detail, so that the Ss can know how to watch it next time.

Date: May.15
Period: 2
Content：Unit 8 Financial Statement
Teaching aims:
1. review the primary financial statements
2. learn the classified financial statements for a merchandising business
3. learn how activities affecting cash flows are classified
4. learn to prepare the statement of cash flows
Teaching focus:
4. the major words and phrases
5. types of statements
6. balance sheet
Teaching difficulties:
2. know how to watch the balance sheet
2. know how to watch the classification of cash flows
Teaching procedures:
Step 1: Review of transactions and summary of account balances for Whitman Company
4. income statement
the income statement shows the results of a company’s operations for a period of time( a month, a quarter, or a year). It summarizes the revenues and the costs(expenses) to produce the “the result” of an income statement: net income or net loss. The income statement shows three of the six accounting elements: revenues, expenses, and net income.
Then the teacher will let the Ss look at the example of Whitman’s income statement. The teacher will analysis the statement one by one, so that the Ss can know them better.
Step 2: calculation of revenues and expenses
1) sales revenue should be net amount
2) cost of goods sold is calculated and shown in the following way
3) selling expenses include the expenses of displaying, advertising, delivering merchandise and salaries for making sales.
4) General and administrative expenses give support to the overall operations of company, including expenses related to accounting, human resource management, and financial management.
5) After operating income, $4222,312, is obtained, other revenues and expenses such as dividends revenue, interest expense, gain or loss on sale of assets, are then to be calculated.
6) For Whitman Company the income tax rate is 30%.
7) After all these calculating the net income, $283,438.4, is then obtained.

Date: May.16
Period: 2
Content：Unit 8 Financial Statement
Teaching aims:
1. review the primary financial statements
2. learn the classified financial statements for a merchandising business
3. learn how activities affecting cash flows are classified
4. learn to prepare the statement of cash flows
Teaching focus:
7. the major words and phrases
8. types of statements
9. balance sheet
Teaching difficulties:
3. know how to watch the balance sheet
2. know how to watch the classification of cash flows
Teaching procedures:
Step 1: statement of cash flows
the statement of cash flows provides information about the cash receipts(inflows) and cash payments(outflows) during a period, information in this statement helps answer questions such as:
how does a company obtain its cash?
Where does a company spend its cash?
What is the change in the cash balance?
1) classification of cash flows
2) cash flows from operating activities: operating activities include major cash inflows such as sale of goods or services and other inflows such as interest revenue, dividend revenue, etc.
cash flows from financing activities: financing activities include: obtaining cash from issuing debt such as cash inflows from issuing bonds, and repaying the amounts borrowed, obtaining cash from or distributing cash to owners.
3) Noncash investing and financing activities
There are investing and financing activities that do not affect cash, for example, equipment purchased with a note payable, land acquired by issuing stock. These noncash transactions are not reported in the statement of cash flows
4) Methods of reporting operating cash flows
There are two methods: the direct and indirect methods, in calculating and reporting the net operating cash flow on the statement of cash flows.
Step 2: exercise
After the teacher let the Ss learn the words and phrases, and then analysis the definition of the accounting, and the accounting elements, then the teacher will give the Ss some time to do the exercise, so that they can know better about the knowledge.
课后教学效果自评:
This class finished basically according to the teaching plan. Most students answered the questions actively and finished carefully the tasks the teacher gave. Students can grasp the important points of this class.