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Brad H
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Decks in this class (11)
Review: Accounting Cycle Basics
What is an accounting transaction,
What types of events require reco...,
How do you determine if an econom...
137
cards
1.1: Financial Statements and Financial Reporting
What is the main objective of fin...,
What are the four main financial ...,
What are the alternative terms fo...
38
cards
1.2: Standard Setting
Why are accounting standards nece...,
What are generally accepted accou...,
What are the objectives of the ca...
9
cards
1.3: Generally Accepted Account Principles
What is the gaap hierarchy under ...,
What is aspe,
What is ifrs and how does it rela...
6
cards
1.4: Challenges and Opportunities in the Accounting Profession
What are some challenges and oppo...,
How has digitization and automati...,
What is data analytics in the con...
19
cards
2.1: Conceptual Framework
What is a conceptual framework in...,
Why is a conceptual framework nec...,
What are the main benefits of hav...
8
cards
2.2: Qualitative Characteristics of Useful Information
What are the qualitative characte...,
What is relevance in the context ...,
What is materiality in accounting
30
cards
2.3: Elements of Financial Statements
What are the basic elements of fi...,
What are the three essential char...,
What are the three essential char...
8
cards
2.4: Foundational Principals
What are the foundational princip...,
What are the 10 foundational prin...,
What is recognition in accounting
64
cards
2.5: Financial Reporting Issues
What is the main objective of fin...,
How is accounting influenced by i...,
What is a principles based approa...
8
cards
2.6: IFRS ASPE Comparison
How are ifrs and aspe similar in ...,
What is the ifrs foundation techn...,
What is the focus of the iasb s c...
4
cards
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ACCO 310
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