Financial Accounting 2

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

Decks in this class (11)

First Year Content
0  cards
Equations
Whats the equation for cash conve...,
What is the q rratio,
How is the impairemnt loss treate...
4  cards
Week 1: Conceptual Framework & IAS1 Preparation of Financial Statements
What is profit,
Whats the main difference between...,
What is corperate governance
10  cards
Week 2: IAS1 and IAS7 Cashflow Statement
What are the four main financial ...,
Why are is a statement of cashflo...,
What are three reasons for cashfl...
18  cards
Week 3: IAS16 PPE, Revaluation Method and IAS36 Impairment of Assets
What is the histroical cost method,
What is the reavaultion model,
In the reavaultion method for non...
17  cards
Week 4: IAS 38 Intangibles and IAS36 Impairment of Assets
What is the defintioin of an inta...,
What does seperable mean,
Define controlled
28  cards
Week 5 IAS37 Provision and Contingencies IAS 10 Events after reporting period
What is the ias37 provisions cont...,
What are provisions,
What are contingent liabilities
23  cards
Week 6 Shares Capital Transactions - Share issue, Rights and Bonus Issues
What is share cpital,
What is the purpose of share issues,
Why are rules needed around issui...
30  cards
Week 8: Capital Maintenance & Capital Reorganisation
What is capital maintenance,
What are capital reserves,
What are revenue reserves
16  cards
Week 9: Accounting for Income Taxes & Deferred Taxes
When does a large company and a s...,
What is defered tax,
What is taxable income vs book in...
11  cards
Week 10: Accounting Policies, Estimates, Errors and Omissions
What are accounting policies,
What must accounting policies com...,
Accounting policies should only b...
16  cards

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Financial Accounting 2

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