What are the steps to read a balance sheet? How do you understand the 2 out of 2 rule?

The question you asked is not clear in a few words, just give you a rough idea, if you need to understand it in detail, please see the book on report analysis :)

First, observe the direction of changes in the total amount of assets, liabilities, and owners' equity, then browse specific items, such as inventory, find out the key account balances that lead to the change in the total amount, make an analysis, and finally make an overall evaluation and draw conclusions.

The 2+2 rule simply means that 2+2 is equal to 3, 4, or equal to 5, normal should be equal to 4, and there may also be a situation equal to 3 or 5, which means to pay attention to "quality" in balance sheet analysis, for example, assets are recorded according to the principle of historical cost, so is there any moisture in the data on the books? That is, the book is the historical cost, and our analysis focuses on how much the asset is worth now, and for the liabilities, it is concerned about whether there are potential risks and debts, etc., and the owner's equity is the asset minus the liability, so the quality of the assets and liabilities is determined, and the quality of the owner's equity is clear. I don't know if you have learned report analysis, the assets of the enterprise can be roughly divided into three categories when analyzing, the value rises, the value remains unchanged and the value declines, to give two examples for your own understanding:

Because the building is attached to the land, the land is a scarce resource, according to the principle of economics, it will be appreciated, then the building on the land will also appreciate, and the use of machinery and equipment will be depreciated, so the value is decreasing.

First left and then right, first look at the year-end data and then look at the year-beginning data.

I'm dizzy!! I don't give any points when I kneel and beg for it???

The voltmeter measures which electrical appliances are pretending to be, and the lack of wisdom is to show the size of the voltage.

I really don't know what you want to ask ......

Look at which end of the appliance the voltmeter is connected in parallel.

Or use the node method to judge.

1. Starting from the balance sheet, compare the book value determined from the provisions of the accounting standards for business enterprises and the tax basis determined in accordance with the provisions of the tax law, and calculate the deductible temporary differences and taxable temporary differences.

2. Recognize eligible deductible temporary differences and taxable temporary differences as deferred tax assets and deferred tax liabilities respectively.

3. The pre-tax accounting profit shall be adjusted according to the provisions of the tax law, plus the increase in tax adjustment, and the decrease in tax adjustment shall be subtracted.

4. Calculate the taxable income and multiply it by the income tax rate to calculate the income tax payable.

5. The income tax expense is calculated according to the deductible temporary differences, taxable temporary differences and income tax payable.

Look at the example question for yourself.

A joint-stock company uses the balance sheet debt method to calculate income tax, and the credit balance of the "deferred income tax liability" account at the end of the previous period is 10,000 yuan, and the applicable income tax rate is 38%; The difference in the taxable time incurred in the current period is 12 million yuan, the applicable income tax rate is 30%, and the balance of the company's "deferred tax liability" account at the end of the period: A 2334 B c d

According to the relevant provisions of the Accounting Standards System for Business Enterprises (2006), the question:

Temporary difference in taxable at the end of the period = 2 38% + 1 200 = 77.8 million yuan.

Deferred tax liabilities at the end of the period = 7,780 * 30% = $23,340,000.

Therefore, alternative answer A should be chosen.

It can also be calculated as follows:

The amount of income tax impact caused by the change in the tax rate = 2 38% * 30% -2 = 10,000 yuan.

Deferred tax liability arising from temporal differences in the current period = 1 200 * 30% = 3.6 million yuan.

Deferred tax liabilities "Closing credit balance = 2 - 360 = $23.34 million.

The balance sheet method is a method of determining the profits realized by a company in a certain period by comparing the owner's equity (net assets) of the previous and later balance sheets.

The balance sheet debt method is based on the balance sheet, by comparing the carrying amount of the assets and liabilities listed on the balance sheet in accordance with the provisions of the accounting standards for business enterprises and the tax basis determined in accordance with the provisions of the tax law, and recognizing the relevant deferred tax liabilities and deferred tax assets for the difference between the two taxable temporary differences and deductible temporary differences respectively.

Fill in the columns based on G/L account analysis.

See Guide to the Application of Accounting Standards for Business Enterprises

What is a Balance Sheet.

1. The theoretical basis of the balance sheet debt method is the concept of capital maintenance, that is, the profit or loss can only be recognized after the original capital has been maintained or the cost has been compensated.

2. Capital maintenance is divided into two views: financial capital maintenance and physical capital maintenance: the former believes that capital should be regarded as a financial phenomenon, that is, including the resources invested by the owner of the enterprise, and the income is a physical phenomenon, which represents an actual "production capacity", and the part of the enterprise's assets that exceed the original "production capacity" is the income. Another important difference between these two views is the impact and treatment of changes in a certain period of time on the assets and liabilities held.

According to the financial capital maintenance view, the impact on assets and liabilities should be recognized, which are qualitatively higher than holding profits or losses, and can be included in capital returns; However, the adjustment of capital maintenance in nature should be directly included in the owner's equity, but not in the income.

3. The balance sheet debt method embodies the "asset-liability view", which is an income tax accounting treatment method for calculating deferred income tax based on the estimated income tax rate of the year of resale.

4. The calculation method is:

Income tax expense for the current period = income tax payable for the current period + (deferred tax liabilities at the end of the period Deferred tax liabilities at the beginning of the period) (Deferred tax assets at the end of the period Deferred tax assets at the beginning of the period).

This is the annual final settlement, which refers to the one-time settlement of the income tax of the previous year before April of the following year. 2010 taxable income = 100,000 + 50,000 + 500 = 150,500 in the 50,000 fine for business income, reducing corporate profits, but the tax law does not allow the project to be spent before tax, so to adjust the profit, 500 is the accounting depreciation than the tax law depreciation, but also to adjust. Accounting depreciation is inconsistent with tax law depreciation, which may be due to the fact that the enterprise believes that the equipment can only be used for 4 years, but the tax life of the machinery and equipment is often set.

10,000 * (25%-20%) increase, 5,000 yuan fine is not allowed to be paid before tax, to be increased. The profit for income tax reconciliation is not the same as the profit for accounting.

I didn't learn income tax accounting well.

Correctly understand the relationship between total profit and taxable income.

The relationship between the book value of the accounting and the tax base.

Go for it. ** are all folk masters. In addition, there are a lot of kawaii and mature style in the pictorial. With a picture!