This class was created by Brainscape user Sam Chansongo. Visit their profile to learn more about the creator.
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Sam Chansongo
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Decks in this class (12)
Budgeting
What is a budget,
3 advantages of a budget,
Disadvantage of a budget
14
cards
Capital Budgeting
What is a capital investment and ...,
4 characteristics of a capital in...,
3 factors affecting capital inves...
13
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
More about
accounting
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accounting
- 31 decks
- 1706 flashcards
- 1406 learners
Decks:
Chapter 1, Powerpoint 1, Powerpoint 2, And more!
