20110720 Follow Me 71 ccpceo

俺公司金融么学过，就是读字了现在，哎，要学的还有很多很多呃

复习和考过cpa的童鞋应该很好消化的 对于偶来说 看中文都不知所云，希望大家以后能找一些大众化的文章 尤其是关于当今世界经济的新闻稿 对于这些热点 大家应该都比较关注

71,71

vex  [veks]
vt.使烦恼
vexing  ['veksiŋ]   
adj. 讨厌的
Under Armour
短袖防晒排汗衣
get by  
通过；过得去，(勉强)过活
accruals  [ə'kru:əlz]
n. 权责发生额，应计利润
sage  [seidʒ]   
n.圣人, 哲人
n.鼠尾草, 蒿属植物
adj.贤明的, 明智的
Beanie Babies
毛绒玩具豆宝宝
write-off  ['raitˌɔ:f]   
n. 销帐, 勾销, 帐面价值的削减
n. （英）报废的东西
outright  [ˈautrait]
ad.坦率地；彻底地；立即 a.无疑的；彻底的
multiyear  
adj. 需好几年的
turn in  
交还，上交；上床睡觉
crunch  [krʌntʃ]   
v.发出碎裂声, 嘎吱嘎吱地咀嚼,嘎喳嘎喳地碾过
n.嘎吱声, 艰难局面, 关键时刻
v.<俚>处理（数据）
trail  [treil]
vi.拖，下垂；失败 vt.跟踪 n.小路；踪迹
be tempted to  
受诱惑去做,总想做
swing  [swiŋ]
v.(使)摇摆；(使)旋转 n.摆动；秋千
flagging  ['fl&aelig;giŋ]   
adj. 疲惫的, 萎靡的
show up  
暴露，显露；来到，露面
sunbeam  [ˈsʌnbi:m]
n.日光
bring down  
使落下，打倒；降低，减少
take delivery of  
接收, 提取
grill  [gril]
v.烧烤；拷问 n.烤架；烧烤餐馆；烤肉；格板
cyclical  ['saiklikl]
adj. 循环的, 周期的
fleet  [fli:t]
n.舰队，船队，车队
reckon  [ˈrekən]
vt.认为，估计；(on)指望；测算
a spate of
大量的
spate  [speit]
n.大批，大量，(水)泛滥
slimmed-down
精简型
set the stage for  
为…提供舞台；为…创造条件
on the long and short sides
多空双方
rack up  
得分, 积累, 获胜, 彻底击败
rack  [r&aelig;k]
n.挂架，搁架 vt.折磨；使紧张，使努力
kitchen sink  
激进现实主义
厨房洗涤盆
upswing  [ˈʌpˌswiŋ]
n.上升，增长
on the upswing  
adv. 正在高涨

Those companies with high profit but low or even negative operating cash flows as what Under Armor shows are not so inspiring. Mounting accruals are sometimes signs of earning manipulation and outright fraud. Picking up stocks with low accruals has been demonstrated by outperforming annual gains. Some managements tend to cover the depressing outcome by accruals and sometimes the receivables turn into bad accounts. But there are occasions that companies use negative accruals in expect of setting the stage for earnings increases ahead.
Finding those companies whose profit numbers are concurrent with operating cash flows or those racking up extreme negative accruals will give you a rosy picture of stock gains.

It is imposible for average people to understand or master those obscure accounting technical terms easily. So asymmetric information has become a  common issue in portfolio investment.

才坚持几天，等提升了点，再发言吧。

2-2
虽然不买股票，但该文还是让人眼前一亮，谢谢楼主！

57、57
oh ,i  read the chinese.  maybe when i studied my financial management and cost management i can master this artocle very well .fighting ,my cpa.

看了三次，终于看完了。。。明白了很多。。。。

71,71

I think unearned revenue provides more information than accrued revenue.
High-speed growing in unearned revenue means that a company's products or services are fit for the market, then good profit statements are large probability events

Follow Me:68, 32
根据基本面选股的一种方法。
金钱不会说谎的意思就是图标不会说谎。什么是好股票？上涨的股票就是好股票。就是这样简单。