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

Decks in this class (23)

GAAP And Accrual Accounting
How do you convert from cash to a...,
How do you convert from accrual t...,
Prepaid expenses are classified as
4  cards
Objectives Of Conceptual Framework
What is the conceptual framework ...,
Relevance is comprised of,
Faithful representation includes ...
5  cards
Assumptions, Accounting Principles
According to fasb conceptual fram...
1  cards
Fair Value Framework Intro
The fair value for an asset or li...
1  cards
FV - Recognition And Measurement
What valuation technique has been...,
Income approach,
If a firm changes the valuation a...
4  cards
SEC Reporting Requirements
What is not a required component ...,
A company that is a large acceler...,
Which regulation governs the form...
3  cards
Income Statement - IS 1
A material loss should be present...
1  cards
Comprehensive Income
Comprehensive income,
What is the purpose of reporting ...,
What makes up oci
3  cards
Cash Flows
Cash flows from operating activit...,
Cash flows from investing activit...,
Cash flows from investing activit...
6  cards
Ratios - Liquidity/Solvency
Accounts receivable turnover,
Quick ratio,
Inventory turnover ratio
6  cards
Ratios -Profitablity And Equity
Asset turnover,
Book value per share,
Rate of return on assets
4  cards
Bank Reconcilation
Bank statement to cash balance
1  cards
Accounts recievable
Fob shipping
1  cards
Notes Receivable
Notes receivable are reported at
1  cards
Intro To Inventory
Fob shipping point,
Freight out is,
Fob destination
4  cards
Dollar Value LIFO
Dollar value lifo is based on,
How is dollar value lifo determined
2  cards
Lower Of Cost Or Market
Replacement cost is,
When determining lcm with actual ...,
Lower of cost or market lcm
3  cards
Retail Inventory Method
How does the retail method establ...,
The fifo retail method excludes
2  cards
Inventory Errors
What is counterbalancing with res...,
Inventory equation bi p ei cogs
2  cards
Inventory And IFRS
Inventory for ifrs is computed by...
1  cards
Property Plant And Equipment
Criterion for capitalizing post a...,
General rule to capitalizing cost
2  cards
Interest Capitalization
Interest is capitalized when,
Computing interest using specific...,
Computing interest using weighted...
4  cards
PPE Natural Resources
How do you determine the depletio...
1  cards

More about
FAR

  • Class purpose General learning

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