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

Decks in this class (19)

Unit 1 - Financial Reporting Environment
How does fasb make changes to the...,
What are the 2 primary qualitativ...,
According to fasb there are 4 enh...
10  cards
Unit 2 - Financial Statements
Cost of goods sold equation cogs,
Discontinued operation are reported,
Discontinued operations when a co...
7  cards
Unit 3 - Income Statement Items
Accounting changes errors how are...,
Change in reporting entity ______...,
Accounting changes errors how is ...
11  cards
Unit 4 - Financial Statement Disclosure
Segment reporting what are the 3 ...,
Segment reporting what is a requi...,
Significant risks uncertainties w...
6  cards
Unit 5 - Cash and Investments
When doing a bank reconciliation ...,
When doing a bank reconciliation ...,
Fvo fair value option under fvo h...
9  cards
Unit 6 - Receivables
Ar allowance percentage of receiv...,
Transfer or receivables other fin...,
How are receivables that are fact...
4  cards
Unit 7 - Inventories
Inventory fundamentals fob destin...,
Inventory fundamentals fob shippi...,
Inventory consignment accountinga...
10  cards
Unit 8 - PPE
Leasehold improvements,
An asset qualifies for capitaliza...,
Depreciation methodsnon accelerat...
3  cards
Unit 9 - Intangible Assets & Other Capitalization Issues
Intangible assets distinct from g...,
An intangible asset with an indef...,
Patentsr d costs are
11  cards
Unit 10 - Payables and Taxes
Warranties when are warranty cost...,
Income tax accounting temporary d...,
Income tax accounting permanent d...
4  cards
Unit 11 - Noncurrent Liabilities
Types of bond liabilitiesterm bon...,
Types of bond liabilitiesbonds pa...,
Bonds payable initial measurement...
10  cards
Unit 12 - Leases and contingencies
Lease classificationwhat is the c...,
Lease classificationwhat rate do ...,
Lessee accounting initial measure...
7  cards
Study Unit 13: Equity
Classes of equity how do you calc...,
Classes of equity what type of fi...,
Stock warrants and stock rights w...
16  cards
Unit 14 - Business Combinations and Consolidating Financial Reporting
Accounting for business combinati...
1  cards
Unit 15 -Derivatives, Hedging & Other Topics
Derivatives and hedgingwhat is th...,
Derivatives and hedgingwhich of t...,
What is a derivative
11  cards
Unit 16 - Statement of Cash Flows - Classifications
Statement of cash flowswhat is th...,
Statement of cash flowshow should...,
Statement of cash flowsin a state...
8  cards
Unit 17 - Govt. Accounting Methods
Special revenue funds how are the...,
What is a capital projects fund a...,
What are the 3 categories of fund...
9  cards
Unit 19 - Governmental Accounting - Reporting
The focus of certain fund financi...,
Capital projects fund of a local ...,
How are other financing sources r...
15  cards
Unit 20 - NPO Financial Accounting and Reporting
Under what condition will a compa...,
A complete set of general purpose...,
What are the major functional cla...
6  cards

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FAR

  • Class purpose General learning

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