Tracking Financial Performance Standards of ... - Sa-Dhan

More documents

Recommendations

Info

Tracking Financial Performance Standards of Microfinance InstitutionsTermBreak-Even PointBridge LoanBudgetBudgeted Balance SheetBudgeted Income StatementBusinessBusiness Entity ConceptBusiness PlanBusiness SegmentBusiness TransactionBylawsCash on DeliveryCall LoanCanceled ChecksCapitalCapital ExpenditureCapital Expenditures BudgetCapital LeaseDefinitionThe point in operations where total sales exactly equal total fixed and variablecosts; the point of zero profit or loss.Short-term loan to provide temporary financing until more permanentfinancing is available.Financial plan that serves as an estimate of future cost, revenues or both. Aformal statement of management's financial plans for the future.A balance sheet that estimates each element of financial condition at a specifiedfuture time.An income statement that estimates net income for the next fiscal period,based on all income statement budgets.An organization that operates with the objective of earning a profit.The principle that states that, for accounting purposes, a business is a distincteconomic entity or unit that is separate from its owner and from any otherbusiness.A document that describes an organization's current status and plans for severalyears into the future. It generally projects future opportunities for theorganization and maps the financial, operations, marketing and organizationalstrategies that will enable the organization to achieve its goals.Any division of an organization authorized to operate, within prescribed orotherwise established limitations, under substantial control by its ownmanagement.The occurrence of an event or of a condition that must be recorded in theaccounting records.Collection of formal, written rules governing the conduct of a corporation'saffairs (such as what officers it will have, what their responsibilities are, andhow they are to be chosen). Bylaws are approved by a corporation'sstockholders, if a stock corporation, or other owners, if a non-stock corporation.A set of policies that act as a corporation's constitution.Terms set by the seller that call for payment when the goods are deliveredLoan repayable on demand. Also known as demand loanChecks that have been paid by the bank out of the depositor's account.Broadly, all the money and other property of a corporation or other enterpriseused in transacting its business.A cost that adds to the utility of an asset for more than one accountingperiod.Examples include additions, betterments, and extraordinary repairs.Capital expenditures increase either the value or the life of the asset and aredebited to either the plant asset account or its accumulated depreciationaccount, depending on the type of expenditure.A budget used for long-term planning of when physical assets will need to bereplaced.A lease, which includes one or more of four provisions that result in treatingthe leased asset as a purchased asset in the accounts.116
Glossary of Financial TermsTermCapital MarketsCapital StatementCapital StockCapitalCapitalizationCapitalized CostCapitalized InterestCapitalized LeaseCashCash BasisCash BudgetCash EquivalentsCash Flow FinancingCash FlowsCash Payments JournalCash Receipts JournalDefinitionThose financial markets, including institutions and individuals, that exchangesecurities, especially long-term debt instruments.A summary of the changes in the capital of a business entity during a specificperiod of time.Ownership shares of a corporation authorized by its Articles of Incorporation.The money value assigned to a corporation's issued shares. The balance sheetaccount with the aggregate amount of the par value or stated value of all stockissued by a corporation. Shares of ownership in a corporation.The rights (equity) of the owners in a business enterprise.Long-term debt, preferred stock and net worth. The loan capital of acommunity development loan fund; includes that which has been borrowedfrom and is repayable to third parties as well as that which is earned or ownedby the loan fund (i.e. "permanent capital").Expenditure identified with goods or services acquired and measured by theamount of cash paid or the market value of other property, capital stock, orservices surrendered. Expenditures that are written off during two or moreaccounting periods.Interest cost incurred during the time necessary to bring an Asset to thecondition and location for its intended use and included as part of the HistoricalCost of acquiring the asset.Lease recorded as an asset acquisition accompanied by a corresponding liabilityby the lessee.In its most basic meaning, cash is currency (paper money) and coin. Thedefinition in a business context also includes checks, money orders, traveler'schecks, cashier's checks, bank drafts, and receipts from credit card sales.Method of bookkeeping by which revenues and expenditures are recordedwhen they are received and paid. A basis of accounting where revenue isrecorded only when cash is received, and expenses are recorded only whencash is paid.A budget that estimates the expected cash to be received and spent over aperiod of time.Short-term (generally less than three months), highly liquid Investments thatare convertible to known amounts of cash. Highly liquid, short-terminvestments that can be turned to cash with little or no delayShort-term loan providing additional cash to cover cash shortfalls inanticipation of revenue, such as the payment(s) of receivables.Net of cash receipts and cash disbursements relating to a particular activityduring a specified accounting period. Cash receipts and cash payments fromoperating activities, investing activities, and financing activities.A special journal used for recording all disbursements of cash. Also called thecash disbursements journal.A special journal used to record all receipts of cash, regardless of the source.117
Page 2 and 3:
TECHNICAL TOOL SERIES 1TRACKING FIN
Page 4 and 5:
INTRODUCTION TOMICROFINANCE STANDAR
Page 6 and 7:
5. PERFORMANCE STANDARDS - CONCEPT,
Page 8 and 9:
ACKNOWLEDGMENTSThe need of the oper
Page 10 and 11:
Tracking Financial Performance Stan
Page 12 and 13:
Page 14 and 15:
Page 16 and 17:
Page 18 and 19:
Page 20 and 21:
Page 22 and 23:
Page 24 and 25:
Page 26 and 27:
Page 28 and 29:
Page 30 and 31:
Page 32 and 33:
Page 34 and 35:
Page 36 and 37:
Page 38 and 39:
Page 40 and 41:
Page 42 and 43:
Page 44 and 45:
Page 46 and 47:
Page 48 and 49:
Page 50 and 51:
Page 52 and 53:
Page 54 and 55:
Page 56 and 57:
Page 58 and 59:
Page 60 and 61:
Page 62 and 63:
Page 64 and 65:
Page 66 and 67: Tracking Financial Performance Stan
Page 136 and 137: TermStatement of Profit and LossStr
Page 138 and 139: REFERENCESBarrel, Margaret, Michael
show all

Tracking Financial Performance Standards of ... - Sa-Dhan

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?