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

Decks in this class (13)

Capital Budgeting
What is a capital investment and ...,
4 characteristics of a capital in...,
3 factors affecting capital inves...
13  cards
Budgeting
What is a budget,
3 advantages of a budget,
Disadvantage of a budget
14  cards
Classification of Costs
What is a cost,
3 types of costs,
What is a fixed cost
15  cards
Unit 3 Key Theory
Financial accounting definition,
Users of financial accounting,
Regulation for financial accounting
52  cards
Financial Statements of Companies
What is a company and 3 things it...,
4 purposes of corporations act 2001,
What is company capital
17  cards
Accounting Theory in Australia
What are accounting principles an...,
What are aasb accounting standards,
3 purposes of aasb accounting sta...
5  cards
Qualitative Characteristics of Financial Statements
3 fundametal qualitative characte...,
4 enhancing qualitative character...,
3  cards
Elements of Financial Statements
What is recognition criteria,
Definition of an asset,
3 key elements of an asset
10  cards
Groups
Frc nature 4 importances,
Asic nature 3 importances,
Iasb nature 2 importances
8  cards
Purpose + Nature of Balance Day Adjustments
Accrued expense nature purpose,
Accrued income nature purpose,
Prepaid expense nature purpose
14  cards
Cash Flows
What is a statement of cash flows,
5 purposes of a statement of cash...,
What regualtes the rules for cont...
22  cards
Ratio Analysis
Limitations of ratio analysis,
What is liquity definition,
What are the two ratios of liquidity
50  cards
other
Standard costing definition
1  cards

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accounting

  • Class purpose General learning

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accounting
  • 31 decks
  • 1706 flashcards
  • 1439 learners
Decks: Chapter 1, Powerpoint 1, Powerpoint 2, And more!
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