Cash

1. Cash • Nature and Composition • Management and Control • Imprest petty cash fund • Physical protection • Reporting Cash • Restricted cash • Bank overdrafts • Cash equivalents

2. Accounts Receivables • Discounts • Trade • Cash • Valuation of Accounts Receivable • Uncollectible accounts • Direct write-off versus allowance method • Allowance method using percentage of sales • Allowance method using percentage of receivables • Collection of receivables previously written off • Sales returns and allowances

3. Notes Receivable • Recognition of Notes Receivable • Note issued at face value • Note not issued at face value • zero interest • interest • Special situations • notes received for cash and other rights • notes received for property, goods, or services • imputed interest • Valuation of Notes Receivable

4. Disposition of Accounts and Notes Receivables • Secured Borrowing • Sale of Receivables • Without recourse • With recourse • Secured borrowing versus Sale • transferred asset has been isolated from the transferor • transferees have obtained the right to pledge or exchange either the transferred assets or beneficial interests in the transferred assets • transferor does not maintain effective control over the transferred assets through an agreement to repurchase or redeem them before their maturity

5. Disposition of Accounts and Notes Receivables • Presentation and Analysis • Presentation of receivable • Analysis of receivables