This class was created by Brainscape user Lachie Ryan. Visit their profile to learn more about the creator.
By:
Lachie Ryan
- decks
- flashcards
- learners
Decks in this class (11)
Week 1
Define accounting 1,
Role of accounting 2,
Who uses accounting data 3
15
cards
Week 2
Define business transactions 1,
Examples of source documents 2,
Explain cash accounting 3
22
cards
Week 3 business transactions cont, ledgers and journals
Define an account 1,
Define a debit 2,
Define a credit 3
16
cards
Week 4 - trial balance and balance day adjustments
Purpose of trial balances 1,
Steps to prepare a trial balance 2,
Complete the transaction analysis 3
8
cards
Week 5 - preparation of classified financial reports
Define and explain an income stat...,
How is the income statement calcu...,
Explain costs of goods sold and c...
44
cards
Week 6 - Business planning, costs concepts and management
What is a business plan 1,
3 functions of a business plan 2,
Advantages of a business plan 3
36
cards
Week 7 - Business planning + budgeting
What is strategic management acco...,
Define target costing 2,
Explain target costing and 4 stag...
21
cards
Week 8 - Analysis and interpretation of financial statements: analysing profitability
Internal users of accounting info...,
External users of accounting info...,
Explain horizontal analysis 3
14
cards
Week 9 - Analysis and interpretation of financial statements: analysing efficiency, liquidity, capital structure
What is asset efficiency analysis 1,
Explain asset turn over ratio 2,
Asset turnover formula 3
16
cards
week 10 - other accounting maters e.g. agency
Explain agency theory 1,
What is cooperate governance 2,
Why is strong governance important 3
14
cards
week 11
0
cards
More about
Accounting
- Class purpose General learning
Learn faster with Brainscape on your web, iPhone, or Android device. Study Lachie Ryan's Accounting flashcards now!
How studying works.
Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.
Add your own flashcards.
Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!
What's Brainscape anyway?
Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.
We use an adaptive study algorithm that is proven to help you learn faster and remember longer....
Looking for something else?
accounting
- 31 decks
- 1706 flashcards
- 1566 learners
Decks:
Chapter 1, Powerpoint 1, Powerpoint 2, And more!
