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

Decks in this class (35)

Accounting Changes
How are changes in accounting pri...,
Would a change from completed con...,
Would a change from lifo to fifo ...
10  cards
Bonds Debt Restructure
What is a serial bond 1,
What is a term bond 2,
What is a debenture bond 3
23  cards
Consolidations
When is the fair value method use...,
When is the equity method used wh...,
When are companies required to fi...
7  cards
Current Assets & Liabilities
What is a current asset 1,
What is a current liability 2,
How is the quick ratio calculated 3
11  cards
Deferred Taxes
What is a temporary difference re...,
What is a deferred tax asset 2,
What is a deferred tax liability 3
8  cards
Derivatives Hedging Translation
How are derivatives recorded 1,
How are unrealized gains losses o...,
How are gains and losses on avail...
12  cards
Financial Reporting
What is the primary objective of ...,
What is the most authoritative se...,
What are the 2 levels of authorit...
56  cards
Financial Statements
Which personal financial statemen...,
How are assets and liabilities va...,
How are estimated taxes that woul...
15  cards
Fixed Assets
How are research and development ...,
Which expenditures are included i...,
Which expenditures are included i...
15  cards
Governmental Accounting
What are the three major types of...,
Which two accounting bases are us...,
What is a budget appropriation 3
29  cards
IFRS
Which organization s standards ar...,
Where is the first place manageme...,
Which framework helps to develop ...
44  cards
Inventory
Which costs are inventoriable 1,
When does ownership of goods tran...,
When does ownership transfer when...
23  cards
Investments
How are available for sale securi...,
How are available for sale securi...,
How are unrealized g l for availa...
7  cards
Leases
How is a capital lease recorded 1,
What footnote disclosures are req...,
What are the requirements for a c...
10  cards
NFP Accounting
Which financial statements are re...,
What are the major classification...,
What are the major classification...
21  cards
Partnership Accounting
How are capital contributions wit...,
If no goodwill is recorded upon a...,
If goodwill is recorded upon admi...
4  cards
Statement of Cash Flows
What items are included in operat...,
What items are included in invest...,
What items are included in financ...
5  cards
Stockholders Equity
When common stock and preferred s...,
When is apic recorded on a stock ...,
To what extent is retained earnin...
25  cards
Chapter 1 - Income Statements & Financial Reporting
Who has legal authority to establ...,
Who determines gaap 2,
What is the single source of auth...
44  cards
Chapter 2 - Matching, Foreign Currency, Other FS Presentation
What is the criteria for revenue ...,
When do you recognize royalty rev...,
What are start up costs how are t...
45  cards
Chapter 3: Marketable Securities & Business Combinations
What are the 3 classifications of...,
Trading security how is this repo...,
Afs security how is this reported...
33  cards
Chapter 4: Inventory, Working Capital, Fixed Assets
Working capital formula what does...,
What are current assets 2,
How do you treat the following ba...
55  cards
Chapter 5: Leases & Bonds
When are the payments due in an o...,
When are the payments due in an a...,
What is an operating lease 3
56  cards
Pensions & Taxes
What is the difference between co...,
What is the difference between ov...,
What are the two types of non gaa...
45  cards
Chapter 7: Stockholders Equity & Cash Flows
What is legal capital capital sto...,
Common stockholders equity formula 2,
Book value per common share formu...
55  cards
Chapter 8: Governmental Accounting
What are the accountability facto...,
What is the purpose of fund accou...,
What is gasb and what do they do 3
44  cards
Government Funds
What type of revenues does the ge...,
What type of expenditures does th...,
What is the general fund consider...
28  cards
Proprietary Funds
What is the major criteria for kn...,
What are the proprietary funds 2,
What is the purpose of the intern...
16  cards
Fiduciary Funds
What funds make up the fiduciary ...,
What is the purpose of pension tr...,
Je in the pension trust fund to r...
17  cards
Governmental Wide FS
What type of accountability do th...,
What type of approach is used whe...,
What are the two types of present...
11  cards
Chapter 9: NFP Accounting
What type of accounting does nfp ...,
What are the required fs for a nfp 2,
What are the 3 components of net ...
18  cards
Lease Review
How do you calculate the gross re...,
What amount of years do you use t...,
Are executory costs included in t...
7  cards
Bonds Review
What is the interest payable form...,
What is the interest expense form...
2  cards
Random Fact Nuggets
When disclosing loss contingency ...,
What is the intrinsic method form...,
What is it called when company a ...
6  cards
Government JE
Je for general obligation bonds i...,
Je for approved supplies purchase...,
Je for received supplies and invo...
10  cards

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