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

By: NJ B

Decks in this class (24)

1-FASB & Standard Setting
How did fasb came into existence 1,
What does fasb stand for 2,
What does cap arb apb faf fasac s...
28  cards
17-18-Balance Sheet
What is the principle purpose of ...
1  cards
19-Income Statement
What are other comprehensive inco...,
What are the two exceptions to th...,
Whats are prior period adjustments 3
3  cards
4-FA Standards Codification
What are the goals of codification 1,
How many ways of researching the ...
2  cards
9-Basic-Wiley
When is revenue recognized in cos...,
When is the revenue gross profit ...,
Which methods can be used for rec...
7  cards
IFRS-First Time Adoption
When does the guidance for first ...,
What must the first set of ifrs s...,
What are mandatory exceptions to ...
5  cards
27-Auditing OCAOB
When irs adjustment of an item of...
1  cards
Governmental Accounting
What are appropriations 1,
What is an encumbrance 2,
What amount is reported in the de...
17  cards
Depreciation Method
What are the je for natural resou...
1  cards
Intangible Assests
Which costs can a development sta...,
How is the length of life assigne...,
Which intangible assets are amort...
17  cards
Not For Profit Accounting
What three conditions are require...,
How is depreciation treated in th...,
How are pledges unconditional pro...
11  cards
Cost and Expense
What is an expense 1,
What is a loss 2,
What is an asset 3
9  cards
Equity
What is the journal entry when re...,
What is the affect of retirement ...,
What is the affect of retirement ...
10  cards
Revenue Recognition
What are the two methods of contr...,
What is the distinction between p...,
What are the features of contract...
6  cards
Receivables
What are the je for bad debt expe...,
What are the jes for bad debt exp...,
What is the aging method what doe...
8  cards
Personal Financial Statement
What is the value of income tax p...
1  cards
Derivative
What is a derivative instrument 1
1  cards
Foreign Currency Translations
How are gains and losses on re me...,
How are gains and losses on trans...
2  cards
Business Combination
Do equity holders control variabl...,
What are the features of variable...
2  cards
Pension
What does the fund ratio of a pen...
1  cards
Long Term Debt
What are the characteristic of te...,
How is the amortization of bond d...
2  cards
Contingent Liabiliy
What is the treatment of continge...
1  cards
Cash Flow
What is the affect of buying a th...,
What is the criteria for classify...,
How does the indirect method show...
5  cards
Lease
If it is a capital lease what are...,
What does lessor earn on stl 2,
What are the two methods of accou...
6  cards

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FAR-Nibha

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