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

Decks in this class (22)

Framework
Per the fasb framework an informa...,
How do you calculate the number o...,
What are the impacts of issuing s...
36  cards
Revenue Recognition
When should profit from a long te...,
How is revenue from long term con...,
What are the two ways to recogniz...
10  cards
Investment In Debt & Equity Securities
When is the equity method used
1  cards
Derivatives & Hedge Fund Accounting
How should a us publicly traded c...,
What is the difference between fa...,
In order to determine if a compan...
8  cards
Foreign Operation
If a company has a foreign subsid...,
When is a cash flow hedge most ap...,
How do calculate translation from...
7  cards
Inventory
What is the formula for cogs,
What is the formula for determini...,
What is the formula for inventory...
11  cards
PPE
What is an nrv,
What is the meaning of a fair value,
How do you calculate recognized gain
25  cards
Intangibles
What is an impairment,
What are the two alternative appr...,
How is software developed solely ...
16  cards
Receivables
When are receivables factored,
Under current expected credit los...,
How do you solve for allowance fo...
13  cards
Bonds & PV Tables
When are bonds issued at discount...,
What is the effective interest me...,
What are bond sinking funds
10  cards
Leases
What are lease payments,
What is an operating lease,
What are the terms under finance ...
17  cards
Liabilities
What are the accrued vacation pay...,
How do you accrue for contingent ...,
What is one important thing to no...
12  cards
Income Taxes
What is the primary objectives of...,
How do you calculate deferred tax...,
How do you calculate current inco...
15  cards
Stockhokders Equity
What is a common stock,
What is a preferred stock,
What certain changes from oci are...
17  cards
Earnings Per Share
What are earnings per share,
How do you cal calculate basic eps,
What are all publicly held compan...
8  cards
Reporting of Results of Operations
What is the management approach,
When must a public company report...,
What is the purpose of discontinu...
15  cards
Accounting Changes & Error Corrections
What summary is a required note t...,
What is one important factor in t...,
What is one note that is always i...
4  cards
Statement of Cashflow
What is the statement of cashflow,
What are the 3 sections of the ca...,
What purpose do each of the 3 sec...
14  cards
Partnerships
What happens when a partnership i...,
What is a capital account,
What happens in the formation of ...
9  cards
Governmental Accounting
What fund categories do governmen...,
What is the governmental fund cat...,
What is the proprietary fund cate...
28  cards
Non-For Profit
What is the accounting formula fo...,
What are pledges in a not for profit,
How is an unconditional promised ...
12  cards
Business Combinations & Consolidations
When using the equity method duri...,
What is a noncontrolling interest,
What does the existence of a nonc...
10  cards

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FAR

  • Class purpose General learning

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