This class was created by Brainscape user Mia Discenza. Visit their profile to learn more about the creator.
By:
Mia Discenza
- decks
- flashcards
- learners
Decks in this class (24)
1 - Nature and objective of accounting
What are the types of business en...,
What is bookkeeping,
What is accounting
10
cards
2 - Introduction to final accounts
What is a statement of profit or ...,
Examples of income and expenses,
What is opening closing inventory...
22
cards
3 - Sources, records and books of prime entry
What are source documents,
Examples of main source documents,
Sales and purchase orders
22
cards
4 - Ledger accounting and double entry
What is the nominal ledger,
What is the dual effect,
What is the sales ledger control ...
8
cards
5 - From trial balance to final accounts
What happens to ledger accounts,
How is a ledger account balanced,
What is a trial balance
4
cards
6 - Tangible non-current assets
How are non current assets common...,
What is property plant and equipment,
What is capital expenditure
34
cards
7 - Intangible non-current assets
What is an intangible asset,
How are intangible assets purchas...,
What is goodwill and what is its ...
10
cards
8 - Cost of sales and inventories
What is inventory,
How does inventory affect an account,
How is inventory recognised
23
cards
9 - Irrecoverable debts and allowances for receivables
How is an irrecoverable debt reco...,
What happens if an irrecoverable ...,
What is allowance for receivables
8
cards
10 - Accruals and prepayments
What are accrued expenses,
What are prepaid expenses,
Why must accrued expenses and pre...
9
cards
11 - Accounting for sales tax
What must registered businesses do,
What is the effect on prices of s...,
What must businesses do regularly...
25
cards
12 - Accounting for payroll
What are payroll transactions,
What is gross pay,
What are statutory deductions
19
cards
13 - Bank reconciliations
What is the cash book used for,
What is a bank statement used for,
What are the main differences bet...
5
cards
14 - Control accounts
What are the two main control acc...,
How are total credit sales record...,
How are total credit sales return...
23
cards
15 - Correction of errors
What is a trial balance,
What two types of errors occur,
List all of the errors that still...
16
cards
16 - Incomplete records
How can nominal ledger accounts b...,
What can be used for deriving mis...,
What is a margin as a cost structure
4
cards
17 - Limited company financial statements
What is an unincorporated business,
What is an incorporated entity,
What is gaap and what does it com...
17
cards
18 - Issue of shares
What are the main four headings i...,
What is an authorised share capital,
What is a nominal or face value
18
cards
19 - Manufacturing accounts
What are manufacturing accounts for,
What is opening inventory purchases,
Where does unsold inventory sit a...
13
cards
20 - Statement of cash flows
0
cards
21 - Interpreting company accounts
0
cards
22 - The Conceptual Framework
1
cards
23 - The regulatory system
0
cards
ALL EQUATIONS TO LEARN
0
cards
More about
3. ba3 cima
- Class purpose General learning
Learn faster with Brainscape on your web, iPhone, or Android device. Study Mia Discenza's 3. BA3 CIMA flashcards now!
How studying works.
Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.
Add your own flashcards.
Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!
What's Brainscape anyway?
Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.
We use an adaptive study algorithm that is proven to help you learn faster and remember longer....
