ACA Accounting Exam - Ch. 11

This class was created by Brainscape user Adam Morris. Visit their profile to learn more about the creator.

Decks in this class (10)

1. The Nature of a Limited Company
What is the most common form of p...,
Why is a company s separate legal...,
Explain a company s initial capital
11  cards
2. Equity: Share Capital
What one class of share do compan...,
What are preference shares,
What is the distinction between i...
10  cards
3. Equity: share premium, retained earnings and other reserves
What is the par value of shares,
What is a share premium,
What is the accounting treatment ...
6  cards
4. Dividends
What is the journal entry to reco...,
Where are dividends paid on irred...,
How are dividends paid on redeema...
4  cards
5. Rights issues and bonus issues of shares
What is a rights issue give an ex...,
What is a bonus issue of shares,
What is the journal entry for the...
3  cards
6. Non-current Liabilities
How might a company borrow money,
What are debt securities,
How do debt securities affect the...
5  cards
7. Provisions (IAS 37) (FRS 102 s21)
What are provisions why are they ...,
In relation to provisions what is...,
What criteria must be satisfied f...
10  cards
8. Tax
How is tax treated in accounting ...,
What is the method used for accou...,
What is the double entry for when...
6  cards
9. Revenue (IFRS 15) (FRS 102 s23)
How is income defined in the conc...,
Define revenue,
How do gains from the disposal of...
6  cards
10. The Regulatory Framework for Company Financial Statements
Why are company financial stateme...,
In terms of financial statements ...,
What are the main sources of acco...
15  cards

More about
ACA Accounting Exam - Ch. 11

  • Class purpose General learning

Learn faster with Brainscape on your web, iPhone, or Android device. Study Adam Morris's ACA Accounting Exam - Ch. 11 flashcards now!

How studying works.

Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.

Add your own flashcards.

Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!

What's Brainscape anyway?

Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.

We use an adaptive study algorithm that is proven to help you learn faster and remember longer....

Looking for something else?

ACA- Accounting
  • 10 decks
  • 172 flashcards
  • 74 learners
Decks: Chapter 1 Intro To Accounting, Chapter 2 Accounting Equation, Chapter 3 Double Entry Financial Stateme, And more!
Accounting / CPA Exam
  • 16 decks
  • 552 flashcards
  • 8 learners
Decks: Audit Reports, Audit Sampling, Audit Engagement Planning, And more!
ACA Law
  • 13 decks
  • 421 flashcards
  • 39 learners
Decks: Contracts, Negligence, Insolvency, And more!
Make Flashcards