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Saira Akhtar
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Decks in this class (19)
Introduction
Define operating information systems,
What do financial statements provide,
What are the 3 points in the lang...
13
cards
International Financial Standards
Who introduced financial standard...,
What are one of the main objectiv...,
What is the role of the iasb
4
cards
Corporate Governance
What is corporate governance,
What is the directors main aim,
What is the duty of directors
7
cards
Statement Of Financial Position
What is an asset,
What is capital,
What is liability
18
cards
Accounting Entity Concept
What is the accounting entity con...,
What is the equation used,
What balance do assets have
5
cards
Expenditures
What is revenue expenditure,
Examples of revenue expenditure,
What is capital expenditure
6
cards
Accounting Period Concept
What is an accounting period,
What does the period define,
Why do investors need the concept
3
cards
Statement Of Profit And Loss (trading Account)
What is the formula for gross profit,
What is the formula for net profit,
What is the formula for sales rev...
6
cards
Limited Shareholder Company
What is one feature of ordinary s...,
Features of preference shares,
What is the formula for dividend
8
cards
Statement Of Financial Position (limited Company)
What does the asset section consi...,
What does the liability section c...,
What does the equity section cons...
6
cards
Adjusting Entries
What is accrued expenses,
What is adjusting entries,
What is accrued revenue
6
cards
Accounting Concepts
What are accounting concepts,
What is the going concern concept,
What is the accruals concept
20
cards
Classification of Non-current Assets
What are tangible assets,
What are intangible assets,
What are investments
6
cards
Computing Depreciation
What essential data is needed to ...,
What is the straight line fixed i...,
What is the diminishing reducing ...
4
cards
Irrecoverable Receivables
What is meant by irrecoverable re...,
What are the reasons for irrecove...
2
cards
Allowance
What is the nature of an allowance,
What are the two types of allowances,
What is specific allowance
6
cards
Categories Of Inventories In Manufacturing Firms
What is the finished goods category,
What is the work in progress cate...,
What is the raw materials category
11
cards
Methods Of Identifying The Cost Of Inventories And Pricing Stores Issues
Whats the first in first out method,
Whats the last in first out method,
Whats the weighed average average...
5
cards
Bank Reconciliation
What s bank reconciliation,
What s the purpose of bank reconc...,
Features of a bank statement
6
cards
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Module 4020 - Financial Accounting
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