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Introduction To Financial Accounting

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

By: Lauren Gall
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Decks in this class (11)

Introduction To Financial Statements
What is the purpose of the statem...,
Define the business entity conven...,
What does the prudence convention...
47  cards
Introduction To Accounting
What is the purpose of accounting,
What are the two main strands of ...,
What does financial accounting pr...
24  cards
Reporting Financial Position And Performance 1
What is the purpose of a trial ba...,
What are the two columns in a tri...,
What adjustments are required bef...
28  cards
Financial Ratios
What is the formula for return on...,
What does return on capital emplo...,
How is operating profit margin ca...
16  cards
Reporting Financial Position And Performance 1.2
What is a trial balance,
What is the purpose of a trial ba...,
What items are included in the de...
20  cards
Reporting Financial Position And Performance 2
What is the definition of depreci...,
What is historic cost,
What does residual value refer to
24  cards
Introduction To Limited Company Accounts
What is a limited company,
What is limited liability in the ...,
What are the sources of authority...
28  cards
Statement Of Cash Flows
What are the primary financial st...,
What does the statement of cash f...,
Why is cash important for a company
21  cards
Ratio Analysis 1
What are the three main types of ...,
Who are the primary users of fina...,
What do shareholders primarily se...
17  cards
Sources Of Finance
What do all businesses need to op...,
What is internal finance,
Define retained earnings
52  cards
Equations
Accounting equation,
Extended accounting equation,
Profit loss calculation
13  cards

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Introduction To Financial Accounting

  • Class purpose General learning

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