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Judy Vang
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Decks in this class (31)
Section 1 - Conceptual Framework & IFRS
What is gaap and who is gaap auth...,
What are the two general purpose ...,
What are the special purpose fram...
39
cards
Section 2 - Cash and Cash Equivalents & Balance Sheet
What does the balance sheet consi...,
What are current assets,
What are current liabilities
10
cards
Section 3 - Cost and Equity Method
What are the percentage used for ...,
What are some factors to consider...,
Equity method points
16
cards
Section 4 - Marketable Securities
What is marketable securities,
What is trading securities hft,
What are trading securities j es
14
cards
Section 5 - Financial Instruments and Derivatives
What are financial instruments,
Three reasons entities acquire de...,
What is a hedge
12
cards
Section 6 - Foreign Operations
What is a transactional currency,
What is a functional currency,
What is a reporting currency
7
cards
Section 7 - Inventory
What is included in cost of inven...,
Who should report inventory for f...,
Who should report inventory for f...
32
cards
Section 8 - Property, Plant & Equipment
What are characteristics of fixed...,
What are included in fixed assets...,
What are acquisition costs includ...
25
cards
Section 9 - Intangibles
What are the three basic forms of...,
Are intangible assets identifiabl...,
How is knowledge research and dev...
17
cards
Section 10 - Receivables
What value should a r be reported at,
What are the three methods of cal...,
Is the direct write off method fo...
10
cards
Section 11 - Bonds and PV Tables
What is a term bond,
What is a serial bond,
What is a debenture bond
25
cards
Section 12 - Accounting for Leases
What is the goal for accounting f...,
How are operating lease costs und...,
How are operating lease costs und...
25
cards
Section 13 - Liabilities
What is current liabilities value...,
What are the two methods to recor...,
What is an accrued liabilities ex...
17
cards
Section 14 - Pensions and Post Employment Benefits
What is a defined contribution plan,
What is a defined benefit plan,
What is projected benefit obligat...
13
cards
Section 15 - Stockholders' Equity
0
cards
Section 16 - Earnings Per Share
0
cards
Section 17 - Reporting the Results of Operations & IFRS F/S
What is the current fasb presenta...,
What are the four sections includ...,
What are the two ways income from...
24
cards
Section 18 - Accounting Changes & Error Corrections
What are the three types of accou...,
What is change in accounting prin...,
What is the j e for change in acc...
13
cards
Section 19 - Accounting for Income Taxes (Deferred Taxes)
What are the two type of differen...,
What is a permanent difference,
What are examples of permanent di...
18
cards
Section 20 - Interim Financial Reporting
What is interim financial reporti...,
When computing income taxes at an...,
Is income tax expense estimated i...
10
cards
Section 21 - Segment Reporting
What is segment reporting based on,
A segment is reportable if it con...,
What are the reportable segment
7
cards
Section 22 - Installment Sales and Cost Recovery Method
What are the 3 methods of recogni...,
When is the installment sales app...,
Which revenue recognizing method ...
8
cards
Section 23 - Long-term Construction Contracts
What are the two methods of accou...,
When is it appropriate to use the...,
Which principle does the percenta...
12
cards
Section 24 - Personal Financial Statements
For personal financial statements...,
For personal financial statements...,
For personal financial statements...
5
cards
Section 25 - Statement of Cash Flows
What are the three categories of ...,
What are considered operating act...,
What are considered investing act...
13
cards
Section 26 - Financial Statement Analysis
What are the 2 ratios used to det...,
How do you calculate current ratio,
How do you calculate quick or aci...
9
cards
Section 27 - Inflation Accounting
Where should a company that wishe...,
What are asset and liability mone...,
What are asset and liability non ...
4
cards
Section 28 - Partnerships
What does the equity section of p...,
What are assets liabilities capit...,
How are allocation of equity for ...
7
cards
Section 29 - Govt Accounting
What are the primary objectives o...,
Who are the primary users of govt...,
What are the 3 fund types
36
cards
Section 30 - NFP Accounting
What 4 groups do not for profit a...,
What are the 3 basic financial st...,
What method of accounting is used...
30
cards
Section 31 - Business Combination and Consolidation
Under the economic entity concept...,
When is consolidated f s required,
How are cost incurred in a busine...
15
cards
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FAR
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