毕业外文翻译财务报表分析与运用优质资料(可以直接使用，可编辑优质资料，欢迎下载）TheanalysisanduseoffinancialstatementChapter1FRAMEWORKFORFINANCIALSTATEMENTANALYSISNEEDFORFINANCIALSTATEMENTANALYSISTheUnitedSateshasthemostcomplexfinancialreportingsystemintheword..Detailedac-countingprinciplesareaugmentedbyextensivedisclosurerequirements.Thefinancialstate-mentsoflargemultinationalsadduptodozensofpages,andmanyofthesefirmsvoluntarilypublishadditional“factbooks”fordisseminationtofinancialanalysisandotherinterestedusers.Financialreportinginothermajordevelopedcountriesandmanyemergingmarketshasalsoevolvedsubstantiallyinrecentyears.withanincreasingemphasisonprovidinginformationusefultobothdomesticandforeigncreditorsandequityinvestors.InternationalAccountingStandardshavebecomeacrediblerivaltoU.S.standards.Inanidealword,theuseroffinancialstatementscouldfocusonlyonthebottomlinesfinancialreporting:netincomeandstockholders’equity.Iffinancialstatementswerecomparableamongcompanies(regardlessofcountry),consistentovertime,andalwaysfullyreflectingtheeconomicpositionoffirm,financialstatementanalysiswouldbesimple,andthistextaveryshortone.Thefinancialreportingsystemisnotperfect.Economiceventsandaccountingentriesdonotcorrespondprecisely;theydivergeacrossthedimensionsoftiming,recognition,andmeasurement.Financialanalysisandinvestmentdecisionsarefurthercomplicatedbyvariationsinaccountingtreatmentamongcountriesineachofthesedimensions.Economiceventsandaccountingrecognitionofthoseeventsfrequentlytakeplaceatdifferenttimes.Oneexampleofphenomenonistherecognitionofcapitalgainsandlossesonlyuponsaleinmostcases.Appreciationofarealestateinvestment,whichtookplaceoveraperiodofmanyyears,forexample,receivesincomestatementrecognitiononlyintheperiodmanagementchoosesforitsdisposal.Similarly,long-livedassetsarewrittendown.Mostoftime.Inthefiscalperiodofmanagement’schoice.Theperiodofrecognitionmaybeneithertheperiodinwhichtheimpairmenttookplacenortheperiodofsaleordisposal.Accountingfordiscontinuedoperations.Inthesamemanner.Resultsinrecognition