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4.3 Financial Statements of Limited Companies

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

By: Miro Muffet
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Decks in this class (16)

1. Purpose of Financial Statements
0  cards
FSLC exam
When asked why something is impor...,
Pup what to watch that i got wrong 2,
Which profit total goes into sce ...
20  cards
Definitions - Framework
Asset 1,
Liability framework version not p...,
Equity 3
19  cards
IAS 16: PPE
Definition ppe 1,
Definition dep n 2,
Definition depreciable amount 3
12  cards
IAS 37: Provs, Cont't Liabs & Cont't Assets
Provision 1,
Liability ias 37 provs version 2,
An obligating event 3
7  cards
IAS 10: Events after the reporting period
Events after the reporting period...,
Adjusting events after the report...,
Non adjusting events after the re...
6  cards
IAS 36: Impairment of Assets
Impairment loss 1,
Carrying amount 2,
Recoverable amount 3
9  cards
IFRS 16: Leases
The 2 parties are 1,
Ifrs 16 sets out the accounting t...,
Identifying a lease 3
9  cards
IAS 38: Intangible Assets
Definition intangible asset 1,
Recognition ias come from 2 main ...,
Measurement of intangible assets 3
14  cards
IAS 2: Inventories
The standard provides guidance on...,
Definition inventories 2,
The principle of inventory valuat...
11  cards
IFRS 15: Revenue for Contracts with customers
When how much to recognise revenue 1
1  cards
Task 6: Consolidated
What to do with interco sales 1,
Pup adjustment 2,
Goodwill impairment or might be c...
4  cards
Ltd Company FSs
Define a public ltd company 1,
Define a private ltd company 2
2  cards
Ratios analysis
Roce 1,
Gpm 2,
Opm 3
25  cards
IFRS 3 Business Combinations & IFRS 10 Consolidated Financial Statements
What is the method of accounting ...,
Assets and liabilities acquired 2,
Goodwill 3
10  cards
Task 1 - Adjustments to watch out for
Statement sfp spl 1,
Statements sfp spl bonus share is...,
Statements sfp spl 3
14  cards

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4.3 Financial Statements of Limited Companies

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