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5000 Financial Accounting

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

By: Constance Farmer
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Decks in this class (13)

Question 1
P l pro forma 1,
Changes in equity pro forma 1 2,
Balance sheet pro forma 3
7  cards
Question 2
Cash flow pro forma 1,
Notes for cash flow 2,
The cashflow statement is a recon...
4  cards
Question 3
Give two examples of a liability ...,
Ias 10 events after the reporting...,
Should the cost or the net realis...
20  cards
IAS 16- PPE
What does ias 16 govern 1,
Tangible non current assets are 2,
Tangible non current assets shoul...
14  cards
IAS 36- Imparement Of Non-Current Assets
How can we recover a value of an ...,
Requirements 2,
The objectives of ias 36 are to e...
6  cards
IAS 38- Intagngible Assets
What resulted in the development ...,
Ias 38 defines an intangible asse...,
Types of intangible assets include 3
14  cards
IAS 17- Leases
What benefit do leases have for c...,
Lessee 2,
Lessor 3
9  cards
IAS 37- Provisions, Contingent Liability And Continent Assets
What is a provision 1,
Most companies would like to 2,
Under ias 37 3
10  cards
IAS 10- Events After The Reporting Period
Events after the reporting period...,
Adjusting events 2,
Example of adjusting events inclu...
6  cards
IAS 8- Accounting Policies, Changes In Accounting Estimates And Errors
Ias 8 focuses on 1,
Accounting policies are the 2,
Accounting standards 3
14  cards
IAS 2- Inventories
Inventories are assets which are 1,
Cos 2,
According to ias 2 inventories ar...
7  cards
IFRS 15- Revenue From Contracts With Customers
Definition of revenue 1,
Why is there a need for standard ...,
Revenue is recorded on what basis 3
12  cards
IAS
Ias 16 is 1,
Ias 38 is 2,
Ias 36 is 3
9  cards

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5000 Financial Accounting

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