CFE 2025 Flash Cards

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

Decks in this class (18)

Procedures
Revenue eric recorded the entire ...,
Leases james recorded the payment...,
Contingent loss customer initiate...
9  cards
Revenue
What is the five step model to ac...,
What is the model to account for ...,
How to account for revenue from r...
3  cards
Meadowlark Entertainment
Capstone 1 and Day 1 CFE
10  cards
Subsequent Events
What are the two questions we sho...,
What are the two types of subsequ...,
What is an adjusting event 3
11  cards
Accounting Policies, Changes in Accounting Estimates and Errors
What are the three changes we are...,
What is the acronym that we use f...,
What are changes in accounting po...
14  cards
Impairment of Assets
Under aspe how are impairment los...,
Under ifrs how are impairment los...,
So how do you calculate fair valu...
5  cards
Property, plant and equipment
What is the initial recognition f...,
What constitutes as ppe 2,
What is the measurement at recogn...
9  cards
Investment Property
Ppe is recognized as an investmen...,
What is the initial measurement o...,
What is the subsequent measuremen...
8  cards
Inventory
What needs to be met for the foll...,
What is the initial measurement o...,
What is the formula for nrv and w...
6  cards
Leases
Under ifrs 16 from a lessor s per...,
Under ifrs 16 what is the criteri...,
So what happens once it is determ...
7  cards
Mgmt Accounting - Budgeting
Budgeted sales 1,
Production budget 2,
Direct labor budget 3
10  cards
Mgmt Accounting - Relevant Costing
What are three types of relevant ...,
What is an add drop of a product ...,
What are some qualitative factors...
9  cards
Mgmt Accounting - Variance Analysis
What are the five steps to perfor...,
What are the three types of varia...,
What are the production variance ...
9  cards
Mgmt Accounting - Contribution Margin and Break-even
How do i calculate the contributi...,
How i calculate cm ratio 2,
How do i calculate break even uni...
8  cards
Tax - Contractor vs Employee
What are the 4 steps to determine...,
So how will we know that they are...,
What we go to analyze a contracto...
13  cards
Tax - Corporate Taxes Payable
How do you calculate net income f...,
How do you calculate taxable inco...,
How do you calculate corporate ta...
8  cards
Tax - Personal Income Tax Payable
How do you calculate total income 1,
What are the deductions to arrive...,
How do we calculate taxable incom...
5  cards
Government Assistance
All grants are recognized when th...,
If the grant has been received bu...,
How are government grants measured 3
6  cards

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CFE 2025 Flash Cards

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