This class was created by Brainscape user Andre Renne. Visit their profile to learn more about the creator.
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Andre Renne
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Decks in this class (12)
FAR - Basic Concepts
Amount of deferred gross profit r...,
Which principle pertains to the w...,
Under installment basis for a pro...
66
cards
FAR - Business Combinations and Consolidations
What is reported on the consolida...,
What are consolidated retained ea...,
A business combination is account...
6
cards
FAR - Inventory/Fixed Assets
Dollar value lifo inventory metho...,
Inventory cost method if the inve...,
Inventory costs company pays for ...
18
cards
FAR - Financial Statements
What are required disclosures,
During inflation when is a purcha...,
When is gain and loss reported
40
cards
FAR - Other (Errors...)
What are the three criteria for a...,
What happens to prior period fs i...,
What happens if ending inventory ...
28
cards
FAR - Present Value
How do you know if it is an annui...,
How do you calculate interest exp...,
1 1 10 company lent 100k to suppl...
65
cards
Deferred Taxes
What are the components of income...,
What happens with gains not recog...,
How do you calculate the current ...
17
cards
FAR - Stockholders Equity
How do you calculate eps and dilu...,
How do you know if it is dilutive,
For what instances does eps data ...
22
cards
FAR - Reporting
Interim how are discontinued ops ...,
Ifrs and us gaap mandates on inte...,
How are expenses and those that a...
23
cards
FAR - Not for Profit
What are the conditions to recogn...,
What are unrestricted net assets ...,
For a nonprofit hospital that rec...
13
cards
FAR - Derivative, Hedging, FX
What are types of foreign currenc...,
What do derivative instruments co...,
What are types of derivative fina...
35
cards
FAR - Government
Why does gasb require the use of ...,
How are unrestricted grants recog...,
What is internal service fund act...
46
cards
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CPA - FAR
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