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Courtney Bond
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Decks in this class (55)
Ratio
Accounts receivable turnover 1,
Accounts receivable turnover in d...,
Times preferred dividend earned r...
16
cards
Cash & Cash Equivalents
Bank reconciliations 1
1
cards
Lease Modificatioons
Two conditions that must be met s...
1
cards
Partnerships
Steps in liquidation of partnersh...
1
cards
Asset Retirement Obligation
Recognizing period to period chan...
1
cards
Inventory Errors
Overstatement of ending inventory 1,
Understatement of ending inventory 2,
Overstatement of purchases 3
6
cards
Segment Reporting
Segment must only meet one test t...,
Asset test 2,
Revenue test 3
4
cards
Held-to-maturiy Investments
Equity method accounting for inve...
1
cards
Notes Receivable
Discounting a notes receivable 1
1
cards
Installment Sales
How does this work 1
1
cards
Earning Per Share
Make cards for dilutive eps esp 1,
Calculating cogs when short term ...
2
cards
Hedges
Fair value hedge 1,
Cash flow hedge 2,
Disclosure requirements for fv he...
4
cards
Bonds - Retirment
Bond retirement journal entry loss 1
1
cards
Revenue Recognition
Approaches to estimate price if s...
1
cards
Interest Expense
Interest expense calculation 1
1
cards
Foreign Currency Translations
Which exchange rate is used for c...
1
cards
Stock Dividends
Small stock dividends less than 2...
1
cards
Treasury Stock
Cost method of accounting for tre...,
Par method for accounting for tre...
2
cards
Bonds - Interest
Calculating interest payable for ...,
Calculating interest expense for ...
2
cards
Error Correction
Prior period adjustments get reco...
1
cards
Sale And Leasebacks
Asc 842 40 55 24 1
1
cards
Not For Profits
Joint costs 1,
Basic financial statements for nf...
2
cards
Capitalized I Terest
Interest capitalization for assets 1
1
cards
Impairment Loss
When to recognize impairment loss 1,
Impairment testing for intangible...
2
cards
Shareholder's Equity
Shareholder s equity includes 1
1
cards
Sales Type Leases
Recognizing gross profit for sale...
1
cards
Accountin Frameworks
Cash basis 1,
Tax basis 2,
Regulatory basis 3
5
cards
Governmental Type Funds
Measurement focus 1
1
cards
Finance Leases
Executors costs in finance leases 1,
Finance lease for lesser 2,
Types of finance leases from pers...
3
cards
FASB
Operating procedure for issuing n...
1
cards
Derivatives
Options contract 1,
Option valuation 2,
Value of an option 3
6
cards
Accounting Principals
0
cards
Interim Reporting
Independent discrete interim peri...,
Dependent integral interim period 2,
Inventory valuation for interim p...
3
cards
Stocks
Intrinsic value 1,
Put option 2
2
cards
SFAC
Sfac 4 1,
Sfac 6 capital maintenance concept 2,
Sfac 6 financial capital concept 3
6
cards
Governmental Accounting
Placement of narrative explanatio...,
Where should discretely presented...,
When should enterprise funds be e...
3
cards
Foreign Currency Transactions
Exchange rate used for assets and...,
Exchange rate used for revenues e...,
Forward contracts recording gain ...
4
cards
Pensions
Pension benefit obligation 1,
Accumulated pension obligation 2,
Calculating net periodic pension ...
4
cards
Business Consolidations
Elimination of acquired entity s ...,
Statutory merger 2,
Statutory consolidation 3
7
cards
Deferred Taxes
More likely than not criterion 1,
More likely than not criterion 2,
Deferred tax asset 3
6
cards
Journal Entries
0
cards
IFRS vs GAAP
Impracticality of retrospective a...,
Statement of cash flows 2,
Statement of changes in equity 3
6
cards
Leases
Recording depreciation 1,
How to charge rental expense when...,
Lease depreciation 3
4
cards
Fair Value Election
What items are eligible for the f...
1
cards
Balance Sheet
Right to offset 1
1
cards
SEC Forms
Regulation s k 1,
Regulation s x 2
2
cards
Inventory Valuation
Retail method 1,
Dollar value lifo 2,
Lower of cost or net realizable v...
12
cards
Fair Value Measurement
Current cost constant dollar acco...
1
cards
Depreciation
Double declining balance 1,
Composite depreciation and sale o...
2
cards
Financial Reporting
Significant accounting policies 1,
What are the 4 comprehensive base...
2
cards
Statement of Cash Flows
Operating income additions deduct...,
Cash inflows from operating activ...,
Cash outflows from operating acti...
9
cards
Accrued vs Cash Accounting
When cash accounting understates ...,
To convert cash to accrual example 2
2
cards
Taxes
Effective tax rate 1,
Total income tax expense report e...
2
cards
Calculations
To calculate a bonus of 25 on sal...,
Cost of goods sold 2,
Average current cost of cogs 3
3
cards
Stock Compensation - Journal Entries
To record compensation cost over ...,
To record exercise of stock optio...
2
cards
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CPA FAR
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