This class was created by Brainscape user Ali Vwich. Visit their profile to learn more about the creator.
By:
Ali Vwich
- decks
- flashcards
- learners
Decks in this class (26)
Principles
From accrual to cash 1,
From cash to accrual 2,
Relevance 3
25
cards
Financial Statements
Income statement selling expenses 1,
Income statement general and admi...,
Components of comprehensive income 3
19
cards
Consolidations
Consolidation at acquisition 1,
Decomposition tool for acquisition 2,
Eliminating entry when p owns 100...
15
cards
Public Company Reporting Topics
Filing deadline for 10k 1,
Filing deadline for 10q 2,
Report for significant events 3
12
cards
Cash & A/R
Cash equivalents 1,
Not cash 2,
Fob shipping freight charges 3
32
cards
Inventory
Periodic inventory weighted avera...,
Note about moving average invento...,
Perpetual vs periodic lifo 3
21
cards
Property, Plant, & Equipment
When does depreciation start for ...,
How do you value an asset when it...,
Costs included in land 3
31
cards
Equity Investments
Brokerage fees for equity investm...,
What value to you record equity s...,
Costs associated with determining...
14
cards
Intangible Assets - Goodwill & Other
When depreciating or amortizing d...,
R d expense for current projects ...,
Software costs revenue method 3
4
cards
Liabilities
Estimated warranty liability 1,
Warranty expense 2,
Recognized contingent litigation ...
6
cards
Financial Liabilities & Long Term Debt
Liquidation with notes 1,
Trying to figure out if interest ...,
Debt amortization schedule 3
14
cards
Owner's Equity
Assume 2 000 shares of 3 par comm...,
Assume 2 000 shares of 3 par comm...,
Firm issues 2 000 shares of 2 par...
27
cards
Employee/Retiree Benefits
Defined contribution plan 1,
Vesting definition 2,
Employee benefits effect 2 financ...
20
cards
Stock Options
Stock purchase plan 1,
Stock option plan 2,
Stock purchase plan noncompensato...
10
cards
Revenue Recognition
5 steps of revenue recognition 1,
O hara corp sold goods for 5 000 ...,
Contract liability gator company ...
10
cards
Accounting Changes & Error Corrections
Change in accounting estimate 1,
Change in accounting principle 2,
Error corrections 3
6
cards
Business Combinations
Legal merger consolidations journ...,
Legal acquisition journal entry 2,
How to account for costs related ...
17
cards
Financial Instruments
Types of hedges carried out using...,
Financial instrument assets 2,
Financial instrument liabilities 3
28
cards
Leases
Short term lease journal entries 1,
How lessee initially recognizes a...,
How lessee records initial payment 3
22
cards
Income Tax
Objectives of income tax accounti...,
Current tax asset or liability 2,
Deferred tax asset or liability 3
22
cards
Foreign Currency
Direct indirect exchange 1,
Spot rate 2,
Forward rate 3
17
cards
Not for Profit
4 types of non profit organizatio...,
Nongovernmental not for profit ac...,
Required financial statements for...
15
cards
Healthcare & College
Patient revenues 1,
Contractual adjustment j e 2,
Hospital financial statements 3
6
cards
Governmental Accounting 1
Primary user groups of external f...,
What is included in general purpo...,
Involuntary resource provider 3
50
cards
Governmental Accounting 2
Deferred inflows outflows 1,
Deferred inflows outflows for gov...,
Deferred inflows outflows for pro...
50
cards
CRAM NOTES
When you have a loss or gain on e...,
Goodwill method partnership 2,
Governmental statement of cashflo...
3
cards
More about
CPA - Financial Reporting
- Class purpose General learning
Learn faster with Brainscape on your web, iPhone, or Android device. Study Ali Vwich's CPA - Financial Reporting 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?
Financial Accounting Reporting
- 28 decks
- 1565 flashcards
- 6 learners
Decks:
Financial Statements, Basic Concepts Financial Statements, Income Statements Items, And more!
Financial - CPA
- 36 decks
- 650 flashcards
- 5 learners
Decks:
Accounting Changes, Bonds Debt Restructure, Consolidations, And more!
