This class was created by Brainscape user Greg Massi. Visit their profile to learn more about the creator.
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Greg Massi
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Decks in this class (16)
Financial Concepts
What should be disclosed in the s...,
When does the subsequent event pe...,
How do you account for a deprecia...
30
cards
FAR - Cash and Notes Receivable
When a non interest bearing note ...,
What is considered cash and cash ...,
What should be reported as cash a...
3
cards
FAR - Intangibles, Goodwill, and Impairment
What is the definition of goodwil...,
R d costs are to be expensed when...,
Can software costs be capitalized
14
cards
FAR - Financial Instruments and Equity Method
What assets and liabilities are e...,
What is the impact of rising inte...,
If an afs investment experiences ...
23
cards
FAR - EPS
When calculating the weighted ave...,
Where does eps need to be shown i...,
How to calculate convertible debt...
4
cards
FAR - Consolidations
When would consolidated financial...,
What liabilities would not be a vie,
If greg inc acquires 100 of leigh...
17
cards
FAR - Revenue
When should the transaction price...,
Is the sales tax included in the ...,
If the repurchase price is greate...
4
cards
FAR - Liabilities
How can property taxes be accrued,
What are the conditions to record...,
What are examples of exit or disp...
28
cards
FAR - Leases, Derivatives, Foreign Currency Accounting, Income Taxes
How to calculate the deferred inc...,
How does the lessee account for l...,
What are the 5 criteria to determ...
48
cards
FAR - NFP
How should a nfp report the relat...,
What are the required financial s...,
Where should the proceeds from th...
22
cards
FAR - Governmental Accounting Part 1
What are the three objectives of ...,
What are the three major categori...,
What accounting basis to the 3 ma...
17
cards
FAR - Ratios
What is the quick ratio,
What is the formula for ar turnover,
What is the formula for days sale...
18
cards
FAR - Inventory, PPE, and Non-monetary exchange
A perpetual inventory system woul...,
When prices are rising what impac...,
What is a periodic inventory syst...
22
cards
FAR - Equity, Pensions, & Cashflows
How is treasury stock recorded un...,
What would be an impact on the ca...,
Where is amortization of a bond d...
42
cards
FAR - Governmental Accounting Part 2
What is the component test for a ...,
What should be included in the in...,
What is the required presentation...
20
cards
FAR - Government Accounting Part 3
For the statement of activities i...,
For the statement of net position...,
In the statement of activities fo...
12
cards
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CPA - FAR
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