cash flow / income statements

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therealevan
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cash flow / income statements

Post by therealevan »

As the subject says, these items need a overhaul in my opinion.

What does everyone think about the current mode in which your net profit or cash flow is displayed?
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counting
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Re: cash flow / income statements

Post by counting »

I've posted a suggestion a while back, even figures to show where's the current problem
http://www.capitalismlab.com/forum/view ... =14&t=1995

Although I don't have a very good alternative than a more comprehensive "cash graph" to replace "income and lost graph". The income statement itself at corporation level is also a mess, since it's not a consolidated financial statement.
http://www.capitalismlab.com/forum/view ... =14&t=2004

But to generate a consolidated financial statement is not that easy though.
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therealevan
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Re: cash flow / income statements

Post by therealevan »

Oh sorry Counting I didn't see your thread, I should have posted there first! Perhaps we'll see some adjustments in the upcoming expansion pack. I just think there is work to be done on statements. :)
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counting
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Re: cash flow / income statements

Post by counting »

Well, you can still share what's your suggestion about how to improve current financial statement mechanism-wise or interface-wise.

Interface-wise cash flow is easy to show as charts/graphs, but in-game cash flow isn't that complicated to grant an independent sheet, like income statement or balance sheet.

Mechanism-wise corporate income statement as consolidated financial statement will need some serious rework on current structure. It will greatly affect from stock market back-end calculation, and need to include some new elements so duplicated transactions within corporation can be shown in sheets. But the real trouble will come from things like transactions between corporations and the fair value of mutually held stocks.
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therealevan
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Re: cash flow / income statements

Post by therealevan »

I think adjusting the income statement to show purchases such as buying new technology, as one time items separating it from the operating financials. The game appears to reflect buying new technology or upgrading technology as R&D expenses, but it counts towards your operating profit.. I think for me it would be a lot easier to have a more transparent financial statement so I can get a better idea of how my expenses and revenue line up.
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counting
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Re: cash flow / income statements

Post by counting »

therealevan wrote:I think adjusting the income statement to show purchases such as buying new technology, as one time items separating it from the operating financials. The game appears to reflect buying new technology or upgrading technology as R&D expenses, but it counts towards your operating profit.. I think for me it would be a lot easier to have a more transparent financial statement so I can get a better idea of how my expenses and revenue line up.
Real life financial statements have many more detail items than what's in the game. Usually the income statement is just like an index to the general ledger and then detailed ledgers in each category. In game wise, I am not sure how the program actually logs each transaction with separate variables or just adds them up as they go. If it's the former, it might not be difficult to rework it and generate detailed ledgers as references. (Although it would be quite a task to implement a new UI for ledgers though)

As of IP (intellectual property) goes, real company generally deals with it in separate category, even giving them specific statements or reports. But in-game wise I don't know if it's that easy to be integrated with current income statement structure, the easiest way might still be to separate it in an independent section.
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