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Financial Accounting

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

By: Flora Jolly
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Decks in this class (13)

1- Intoduction to Accounting
Define financial reporting,
Financial accounting,
Management accounting
60  cards
Ethics in the Workplace
Iesba stand for,
5 components of iesba code of ethics,
Integrity
26  cards
The Regulatory Framework
Why regulatory framework importan...,
Ifrsf stands for,
Ifrsf
13  cards
The Qualitative Characteristics of Financial Information
Conceptual framework for financia...,
Chapter 1 of conceptual framework,
Chapter 2 of conceptual framework
44  cards
Financial Transactions and Accounting System
Accounting system,
Two type of computerised accounti...,
Adv of computer accounting system
25  cards
Ledger Accounts and Double Entry
General ledger,
Double entry bookkeeping,
Layout of a t account ledger account
9  cards
Trial Balance to Financial Statements
Trial balance,
Which errors which not be highlig...,
What errors would be highlighted ...
18  cards
Inventory
Inventory 3 main types,
What impacts can the inventory fi...,
What two ways must businesses ens...
33  cards
Tangible Non-Current Assets
Asset register,
Non current assets,
Current assets criteria
76  cards
Intangible Non-Current Assets
Intangible assets,
Examples of intangible assets 6,
Research definition
19  cards
Accruals and Prepayments
What standard requires financial ...,
Accrued expenses accruals definition,
What is the difference between ac...
20  cards
Provisions and Contingencies
Which ias covers provisions conti...,
Why was ias 37 introduced,
Provision definition
21  cards
Irrecoverable Debts and Allowances
What is the benefit of credit terms,
What is the ideal situation for a...,
Receivables ledger
24  cards

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Financial Accounting

  • Class purpose General learning

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