Xueba digs a hole and waits for you to jump

Chapter 87 The male ticket is the benefit of a top student (2)
"okokokok!"

Tang Hongdou nodded vigorously, completely in disbelief that Guan Xu could guess what she was thinking.

"How to put it, profit is indeed very important in the operation of a company, but in terms of accounting, the profit statement is too easy to falsify, but the cash flow statement is difficult to manipulate. An incomparable advantage."

"Oh..." Tang Hongdou seemed to understand, and continued to speak, "Does that mean that the future development of modern accounting will develop in the direction of emphasizing cash and ignoring profits?"

"It is important to pay attention to cash, but profits will not be underestimated. All production and operation activities of enterprises are to obtain profits. The top management of enterprises still value profits in the end, but the accounting part is to provide more useful information for business operators and owners. , so more effort should be made in the analysis of cash flow.”

Tang Hongdou has just started to understand the superficial aspects of accounting. What Guan Xu said is not easy to understand, and this is a part of modern accounting that has always been academically controversial. The more Tang Hongdou listens, the more confused he becomes. Guan Xu can only explain it in another way:

"Let me give you an example. For example, if you opened a bun shop, you..."

"No! I want to open a hot pot restaurant!"

Guan Xu's example has not even started yet, but Tang Hongdou's focus is directly on whether to open a steamed stuffed bun restaurant or a hot pot restaurant. Guan Xu smiled helplessly and dotingly. This silly girl really thought that what he was discussing with her was about opening a restaurant. shop problem?

"Okay, okay, hot pot restaurant, hot pot restaurant, for example, if you open a hot pot restaurant, or a chain one, at the end of this year your financial director will hand in today's annual report to you, and you open the income statement, you find that the annual report of the hot pot restaurant is The operating income is 500 million, isn’t it a lot? Do you feel like you’ve made a lot of money?”

"Hmm! 500 million, how many little fat sheep are there!"

"But when you open the balance sheet, you find that there are 300 million accounts receivable on it, that is, there are 300 million credits. Although these credits are included in the profit, the money is not in your pocket, because the hot pot restaurant Due to the nature of the accounts receivable, the bad debt rate of this account receivable will be very high, and most of them may not be collected. Look again, forget about a pile of accounts receivable, and there are still 250 million accounts payable outstanding... "

"Grandma is a bear, so to speak, I opened a hot pot restaurant and made 500 million yuan, but after paying the accounts payable, I lost money?! What about the manager, I'm going to fire him!"

"...Daughter-in-law, you are too deep into the drama. You don't have any hot pot restaurants, and you don't have Little Sheep. This is just an example. It means that a company may have a good profit on the books, but it may actually be a loss. But Cash is different, how much money a company has is clearly in the bank account, and it is difficult to make substantive changes through accounting treatment, which is why the industry is now more and more inclined to the statement that cash flow is more important than profit."

"You used the hot pot restaurant to say it earlier! It's so easy to understand!"

Tang Hongdou slapped Guan Xu on the shoulder, and sure enough, Tang Hongdou's IQ would soar if he got involved with eating.

"And this one?"

Tang Hongdou pointed to another part of the document and asked Guan Xu. Guan Xu glanced at it and was about to answer when a voice full of anger suddenly came out——

"Have you learned about the relationship between cash flow and profit?"

It was Professor Du who spoke, and I don't know why the old man with white beard suddenly appeared next to the two of them. After listening for a long time, the old man held Guan Xu's hand and his old eyes glowed with excitement.

"Take a look at it..."

Guan Xu spoke very modestly, and calmly wanted to take his hand away from Professor Du's hand. Except for Tang Hongdou, he hated physical contact with others, not to mention that the other party was a bad old man.

But people should not be judged by their appearance. Regardless of Professor Du's age, his hand strength is not ordinary. Guan Xu tried twice but failed, and he didn't want to use too much force. He can't be held responsible for hurting him.

Tang Hongdou saw that Guan Xu was awkward, so he grabbed Professor Du's hand and pulled Professor Du's fingers off Guan Xu's hand one by one while laughing.

"Hello, Professor Du, it's a great honor to attend your lecture!"

"Okay, boy, can you explain why you think cash flow is more important than profit?"

Professor Du didn't even look at Tang Hongdou, and stared at Guan Xu's smiling teeth.

Guan Xu took Tang Hongdou's hand back into his own, and said, "There are five simple points, 1. The cash flow is real, but the profit can be adjusted; 2. The real profit represents the development trend of the enterprise, and the cash flow represents the development trend of the enterprise. The ability to operate at the moment, without cash flow, it is meaningless to talk about profit; 3. There is enough cash for the next investment in exchange for more profit than the current profit. Cash flow is very important for the operation of the company; 4. Cash flow is genuine Real money, if you have it in your pocket, you have it, if you don’t have it, you don’t have it, and you can’t do anything fake. But the profit is very high, and the company can adjust the amount of profit it wants by operating some accounting items. Therefore, the relative cash flow It is more true to say than to look at profits; 5. The problem of cash flow will lead to the immediate death of the company, and if the profit problem does not improve for a long time, it will lead to the slow death of the company. Of course, cash flow is more important than profit. "

What Guan Xu said was clear and organized. Every time he said something, Professor Du's eyes lit up. When Guan Xu finished speaking, Professor Du became excited——

"Young man, you are from the Accounting School of University A. Have you found your tutor? Are you interested in considering me, an old man?"

"Professor Du, I'm sorry, I'm a finance major, why don't you consider my girlfriend?"

Guan Xu, on the other hand, would go along with the flow and push Tang Hongdou in front of Professor Du. Professor Du looked at Tang Hongdou who was out of shape, and his old smiling face couldn't hold back——

"Ahem—the little girl is pretty good too, but you can't be careless about the tutor, let the old man think again!"

"Well, okay, if Professor Du agrees, we'll visit you together!" Guan Xu didn't force himself to retreat.

"Are you coming too?! Great! I looked at Lingqi for this little girl, and this old student accepted it!"

Tang Hongdou really wanted to roll his eyes, can this old man pretend to be better, I don't know if this hurts one's self-esteem!Those who didn't know thought she relied on Guan Xu to hold Professor Du's thick legs. The baby is also capable, right?

But... Classmate Tang Hongdou, if you hadn't picked up such a well-read boyfriend as Guan Xu, how could Professor Du have taken a fancy to you, a freshman who is confused?How can you be good-looking when you get a bargain? After Guan Xu's ups and downs, your starting point is much higher than others, okay? !
(End of this chapter)