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Renier Diaz
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Decks in this class (55)
Audit Reports - Clarified SAS
What is management responsible fo...,
What is management responsible fo...,
What are the 4 paragraphs in the ...
5
cards
Audit Reports - Pre-Clarity
What are the requirements for an ...,
How should an audit report be adj...,
When is consistency not violated ...
36
cards
Audit Sampling
What is audit sampling,
What are the characteristics of s...,
What are the characteristics of n...
36
cards
Engagement Planning
What is the primary duty of an au...,
What is the auditor s responsibil...,
When should an auditor be hired i...
48
cards
Evidence and Risk
What is the majority of an audito...,
Of what does audit evidence consist,
What is the relationship between ...
51
cards
Information Technology
When is an audit of it not required,
When can an audit of it be perfor...,
What is the role of a database ad...
26
cards
Internal Control
If internal control is poor and a...,
If internal control is poor what ...,
What does internal control provid...
43
cards
International Auditing
Who created the international aud...,
For whom were iaasb international...,
What financial approach is used u...
8
cards
Professional Responsibilities
What engagements are covered by t...,
What must an accountant have unde...,
What are threats and safeguards t...
27
cards
Accounting Changes
How are changes in accounting pri...,
Would a change from completed con...,
Would a change from lifo to fifo ...
10
cards
Bonds Debt Restructure
What is a serial bond,
What is a term bond,
What is a debenture bond
23
cards
Consolidations
When is the fair value method use...,
When is the equity method used wh...,
When are companies required to fi...
7
cards
Current Assets & Liabilities
What is a current asset,
What is a current liability,
How is the quick ratio calculated
11
cards
Deferred Taxes
What is a temporary difference re...,
What is a deferred tax asset,
What is a deferred tax liability
8
cards
Derivatives Hedging Translation
How are derivatives recorded,
How are unrealized gains losses o...,
How are gains and losses on avail...
12
cards
Financial Reporting
What is the primary objective of ...,
What is the most authoritative se...,
What are the 2 levels of authorit...
56
cards
Financial Statements
Which personal financial statemen...,
How are assets and liabilities va...,
How are estimated taxes that woul...
15
cards
Fixed Assets
How are research and development ...,
Which expenditures are included i...,
Which expenditures are included i...
15
cards
Governmental Accounting
What are the three major types of...,
Which two accounting bases are us...,
What is a budget appropriation
25
cards
IFRS
Which organization s standards ar...,
Where is the first place manageme...,
Which framework helps to develop ...
44
cards
Inventory
Which costs are inventoriable,
When does ownership of goods tran...,
When does ownership transfer when...
23
cards
Investments
How are available for sale securi...,
How are available for sale securi...,
How are unrealized g l for availa...
7
cards
Leases
How is a capital lease recorded,
What footnote disclosures are req...,
What are the requirements for a c...
10
cards
NFP Accounting
Which financial statements are re...,
What are the major classification...,
What are the major classification...
21
cards
Partnership Accounting
How are capital contributions wit...,
If no goodwill is recorded upon a...,
If goodwill is recorded upon admi...
4
cards
Statement of Cash Flows
What items are included in operat...,
What items are included in invest...,
What items are included in financ...
5
cards
Stockholders Equity
When common stock and preferred s...,
When is apic recorded on a stock ...,
To what extent is retained earnin...
25
cards
Capital Budgeting
What is capital budgeting how is ...,
What values are used in capital b...,
When is the present value of 1 ta...
28
cards
Corporate Governance
What is the primary duty of the b...,
What is the responsibility of the...,
What is the responsibility of the...
18
cards
Cost Accounting
What is cost accounting,
What is the difference between co...,
What are product costs aka invent...
36
cards
Economics
How does a price increase affect ...,
What is a supply curve shift,
What are the characteristics of a...
67
cards
Financial Management
What is the primary focus of work...,
How is net working capital calcul...,
What are the characteristics of e...
41
cards
Financial Planning
What is a static budget,
What is a maser budget,
How do fixed costs affect budgeting
19
cards
Information Technology
Which it personnel roles should a...,
What are the duties of a systems ...,
What is the primary duty of a sys...
70
cards
Performance Measures
What four perspectives are includ...,
Why was balanced scorecard created,
What are strategy maps
28
cards
Risk Management
Define market risk,
Define sector risk,
Define credit default risk
17
cards
Agency Law
What is agency law,
What is required for agency to exist,
What is actual authority in an ag...
13
cards
Bankruptcy
What are the basic actions that o...,
For what debts does bankruptcy no...,
How does bankruptcy of a corporat...
29
cards
Business Structures
What are the key elements of a va...,
Can corporations and other partne...,
Name the basics of partnership fo...
50
cards
Commercial Paper
What is a promissory note,
What is a draft,
What is a check
20
cards
Contracts
What must a contract contain,
What forms may acceptance of a co...,
Who can accept an offer
18
cards
Dodd Frank
What is considered the biggest ch...,
What is the goal of the volcker rule,
How does the volcker rule limit b...
4
cards
Employment Environment Law
Describe the federal unemployment...,
What are the major aspects of fic...,
When is an employee covered by wo...
7
cards
Federal Securities Acts
What are the key points of the 19...,
What entities are exempt from fil...,
What are the key points of the 19...
16
cards
JOBS Act
What is the revenue limit for an ...,
For an emerging growth company ip...,
How did reg d rule 506 change und...
5
cards
Professional Responsibilities
What is the purpose of a consulti...,
What is required by the statement...,
What is the difference between ex...
18
cards
Property Law
What does real property include,
What are the characteristics of a...,
What are the characteristics of a...
9
cards
Sales Law
What sales are covered under the ...,
What elements are needed for a sa...,
What are the elements of a firm o...
11
cards
Secured Transactions
When does a security interest att...,
What are the characteristics of p...,
How does perfection occur in a se...
6
cards
Corporate Taxation
How is shareholder basis calculat...,
How is shareholder basis calculat...,
What basis do shareholders and co...
46
cards
Estate Trust Taxation
How is gift taxation different fr...,
What is the annual exclusion amou...,
If a gift is an annuity what valu...
24
cards
Individual Taxation
Under what accounting basis are i...,
What are the deductions to arrive...,
Which items can be carried over t...
67
cards
Multi-jurisdictional Tax
What is the interstate income act...,
What are the principles of the in...,
What is the uniform division of i...
5
cards
Partnership Taxation
True or false partnerships are a ...,
When exchanging property for a pa...,
What is a partner s basis in part...
32
cards
Property Transactions
What is the basic calculation for...,
What is the recipient or donee s ...,
What is the basis and holding per...
20
cards
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CPA Exam
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