CIMA F1 - Financial reporting

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Decks in this class (22)

Chapter 1 - Features of taxation and regulatory environment
What is the incidence of a tax,
What are the 2 elements of incidence,
What is formal incidence
11  cards
Chapter 2 - Corporate IT and Capital tax calcs
What is group loss relief,
Can capital losses be surrendered...,
What may group relief be used for
21  cards
Chapter 3 - International tax
What are the 3 main ways in which...,
What are the features of operatin...,
What are the features of operatin...
9  cards
Chapter 4 - regulatory environment
What does gaap entail,
What affects the regulatory envir...,
When was the ifrs foundation esta...
15  cards
Chapter 5 - Code of ethics
What are the 5 principles that ma...,
What are the 5 categories of comm...,
What is the process for addressin...
6  cards
Chapter 6 - Corporate governance
What is corporate governance,
What does corporate governance co...,
What is sox
15  cards
Chapter 7 - Conceptual framework
What is the purpose of the concep...,
How many chapters are there in th...,
What is in chapter 1
43  cards
Chapter 8 - Single entity accounts
What is the objective of financia...,
What does ias 1 define a complete...,
Who is responsible for the prep a...
11  cards
Chapter 9 - Non-current assets IAS 16
What needs to be included in an a...,
In accordance with ias 16 when sh...,
What are the steps taken to accou...
17  cards
Chapter 10 - Non-current assets held for sale IFRS 5
What is the objective of ifrs 5,
What is the criteria for an asset...,
What conditions mean a sale is hi...
9  cards
Chapter 11 - IFRS 16 leases
What is a lease,
At the commencement of the lease ...,
What is the lease liability initi...
14  cards
Chapter 12 - IAS 2 inventories and IAS 10 post reporting events
What costs should not be included...,
What are the main disclosure requ...,
How does ias 10 define an event a...
13  cards
Chapter 13 - IAS 7 Cash Flow statements
Why are cash flow statements impo...,
What are cash equivalents,
What is the direct method
14  cards
Chapter 14 - Short-term finance and investments
What are the main types of short ...,
How are payables used as a source...,
What are the benefits of paying s...
37  cards
Chapter 15 - Working capital management
What is the primary objective of ...,
What are the consequences of poor...,
What are some examples of a trans...
24  cards
Chapter 16 - Working capital management (AP and AR)
What are the 2 factors that needs...,
What details must be present on p...,
For ar what will the entity s cre...
14  cards
Chapter 17 - Working capital management (inventory control)
Why is it expensive to hold inven...,
What problems do businesses face ...,
What are the objectives of good i...
12  cards
Chapter 18 - Working capital management (cash control)
What are the key principles of ca...,
What are cash forecasts used for,
What are the 2 different techniqu...
7  cards
Regulatory environment of reporting (4-6)
Which body acts as the overall su...,
What topics are not included in i...,
What is a liability
19  cards
POT (1-3)
What is the competent jurisdiction,
Should a tax aim to raise as much...,
Does setting deadlines ensure the...
18  cards
Managing cash and working capital (14-18)
What does invoice discounting nor...,
What is not a possible course of ...,
What is an acceptance credit
15  cards
Financial statements (7-13)
What costs are included as part o...,
How is present value calculated,
How are decommissioning costs cal...
18  cards

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CIMA F1 - Financial reporting

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