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

Decks in this class (21)

General Purpose Financial Reporting: For-Profit Business Entities
If losses are expected in the nex...,
Investing activities include 5,
Charitable contribution expense
36  cards
General-Purpose Financial Reporting: Nongovernmental Not-for-Profit Entities
Conditional pledge vs unconditional,
Statement of activities is equiva...,
Difference between statement of f...
23  cards
Equity
What are the 3 important dates an...,
What is a liquidating dividend,
What is appropriated retained ear...
48  cards
Investments
How are trading available for sal...,
If the fv option is elected how d...,
What is the equity method and how...
20  cards
Debt
How do you calculate the bond s c...,
How do you calculate the bond iss...,
How do you calculate the current ...
51  cards
Cash
Bank reconciliation,
Bank reconciliation formula for book,
How do you calculate cash disburs...
9  cards
State and Local Government
What are the key accounting syste...,
How are government entities funds...,
Which funds fall under fiduciary ...
13  cards
Inventory
How to calculate cogs using lifo,
Perpetual vs periodic inventory s...,
What are the steps to apply the l...
39  cards
Leases
How do finance and operating leas...,
Why does each lease payment split...,
How to calculate the initial rou ...
33  cards
Subsequent Events
Explain the difference between ty...,
What are refinancing short term o...,
3  cards
Trade Receivables
How do you determine the total ri...,
How do you calculate the ending a...,
Steps to determine principal redu...
39  cards
Plant Property Equipment
How do you calculate the new depr...,
Lump sum allocation equation,
Rules for depreciating leasehold ...
39  cards
Income Taxes
What are the general rules for re...,
How do you calculate the effectiv...,
How are permanent and temporary d...
23  cards
Accounts Payable
How do you calculate the ending b...,
How do you recognize compensation...,
What are the key steps for accoun...
34  cards
Special Purpose Frameworks
How to adjust prepaid insurance f...,
How to calculate accrual net inco...,
What are the key rules for when c...
27  cards
Accounting Errors
How do you calculate the remainin...,
Flas,
Impact of inventory errors on cog...
30  cards
Commitment and Contingencies
When should a company recognize w...,
What amount should be accrued for...,
What contingent amounts should be...
17  cards
Ratios
Liquidity ratios,
Which action increases the quick ...,
How do you calculate average tota...
27  cards
Revenue Recognition
For a contract modification to re...,
Over time rev rec,
Step 1 of 5 revenue recognition p...
37  cards
Fair Value
Fv hierarchy examples,
How is fair value determined for ...,
Which fair value measurement appr...
27  cards
Public Company Reporting
What sec form must a publicly tra...,
How do you calculate basic earnin...,
How do you calculate basic earnin...
28  cards

More about
FAR

  • Class purpose General learning

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