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Accounting

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

By: Brooks Williams
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Decks in this class (15)

What is accounting
What is managerial accounting,
What is financial accounting,
Are managerial employees consider...
8  cards
Ethics of Accounting
What are the 4 general principles...,
What is the expense recognition p...,
What is the full discloure principle
11  cards
Legal requirements
Regulates the initial offering of...,
Regulates the trading of securiti...,
Who can override fasb standards
6  cards
accounting calculations
What are current liabilities,
Examples of current liabilities,
Examples of noncurrent liabilities
13  cards
financial statements
Statement of owner s equity,
Balance sheet,
Order of financial statements
13  cards
Ch. 3
When are adjusting entries required,
What increases in debit,
What increases in credit
9  cards
Ch. 4
A report of all transactions ente...,
What is the order of the accounti...,
What do you need to do when closi...
17  cards
Chapter 8 Auditing
The process for determining the a...,
What is the audit process guided by,
External auditing financial stame...
17  cards
partnership
A type of business that requires ...,
What do partners get in a partner...,
Who are the owners of a c corp
15  cards
Corporations
What are some shareholder rights,
What is the role of stockholders ...,
What is the order of shares in a ...
12  cards
financial statements analysis
What is the purpose of a financia...,
What are general purpose financia...,
Ability to provide financial rewa...
12  cards
Test 2
What is does it mean that a corpo...,
Who establishes accounting standa...,
What are preemptive stockholder r...
12  cards
Ch. 18 Cost Accounting
Why are financial systems not suf...,
Cost that do not change no matter...,
A cost that change relative to th...
11  cards
Savings
An account you pay into for savin...,
A retirement plan that requires a...,
What is the main difference betwe...
3  cards
Ch. 21
What is cost volume profit formula,
What are the two assumptions made...,
A unit budget allowance for the c...
11  cards

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Accounting

  • Class purpose General learning

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