This class was created by Brainscape user Nate Peck. Visit their profile to learn more about the creator.
By:
Nate Peck
- decks
- flashcards
- learners
Decks in this class (34)
Deck1
What is a characteristic that rel...,
Confirmatory value is information...,
Name the 3 ingredients of faithfu...
10
cards
Deck2
Which accounting basis recognizes...,
Which method of accounting recogn...,
What is the equation for supplies...
8
cards
Deck3
Formula for adjusting income from...,
Formula for adjusting income from...,
The recovery of accounts written ...
21
cards
Deck4
In determining fair value in the ...,
Fair value helps to increase a co...,
Inventory valued at lcm is exempt...
5
cards
Deck5
If a company intends to implement...,
Fair value is assessed at princip...,
A company can t use fair value to...
16
cards
Deck6
The sec comments on accounting an...,
What division of the sec oversees...,
The mission of the sec is to prot...
20
cards
Deck7
Advertising expense is usually at...,
Interest expense is usually repor...,
Unrealized holding gains from a d...
20
cards
Deck8
Statement of cash flows does what...,
What is the formula for reconcili...,
What is the formula for reconcili...
14
cards
Deck9
When depreciation expense in debi...,
Do add or subtract a gain to from...,
What is the debited account when ...
21
cards
Deck10
Which payments get disclosed but ...,
Without information about write o...,
Amortization of bond discount eff...
4
cards
Deck11
How to figure the number of days ...,
Successful leverage is used when ...,
Book value per share
23
cards
Deck12
Ifrs is an acronym for what,
Who is a member of the monitoring...,
The ifrs foundation takes into co...
21
cards
Deck13
Under ifrs what is an sme,
Ifrs for sme s is what basis of a...,
What are some examples of ocboa s
18
cards
Deck14
How would a switch from fifo to l...,
In a period of rising prices fifo...,
Inventory for lcm the ceiling pri...
18
cards
Deck15
When can interest be capitalized ...,
Interest can be capitalized on in...,
How much interest can be capitalized
6
cards
Deck16
Only costs that increase the usef...,
Is recovery of impairment losses ...,
When should an asset be tested fo...
6
cards
Deck17
Investments in available for sale...,
On available for sale securities ...,
For an investor s security to be ...
17
cards
Deck18
Bond prices and interest rates ar...,
For afs securities unrealized cha...,
For afs securities gains have to ...
15
cards
Deck19
Are stock dividends counted as in...,
Should advertising expense and in...,
How should an item that is unusua...
12
cards
Deck20
Definition of liability,
What is the purpose of comprehens...,
If land is bought immediately bef...
9
cards
Deck21
Would firms rather report a liabi...,
To push a cl back to a ncl on bal...,
Deferred tax liability is conside...
21
cards
Deck22
What is the main source that divi...,
Owners equity oe is reduced for a...,
For property dividends noncash th...
13
cards
Deck23
When collections are in doubt the...,
What is deferred gross profit,
When is the effect of estimated r...
20
cards
Deck24
Under gaap the fair value measure...,
When would a company use the inst...,
Under the equity method for inves...
19
cards
Deck25
Income tax accrual tax if there a...,
The current portion of income tax...,
What is the effective tax rate fo...
18
cards
Deck26
What is accretion expense,
Accretion expense,
A business combination can occur ...
8
cards
Deck27
The amount of an investment elimi...,
What is a derivative financial in...
2
cards
Deck28
Are all contracts financial instr...,
For financial instruments whether...,
Startup cost and organizational c...
21
cards
Deck29
For forward contracts entered int...,
The currency that the financial s...,
The functional currency could be ...
6
cards
Deck30
When commercial substance is lack...,
A party that a partner in the tra...,
Equipment used for research and d...
21
cards
Deck31
At the end of the year significan...,
Amount intended for a specific pu...,
What are the three sections of cafr
19
cards
Deck32
Is trouble debt restructuring eve...,
A property dividend should be rec...,
What does the introductory sectio...
20
cards
Deck33
When a parent subsidiary relation...,
What are included in support serv...,
To be considered a minor leasebac...
17
cards
Deck34
Can cash be translated using the ...,
Encumbrances would not appear in ...,
The introductory section of the c...
16
cards
More about
CPA - FAR
- Class purpose General learning
Learn faster with Brainscape on your web, iPhone, or Android device. Study Nate Peck's CPA - FAR flashcards for their CPAExcel class 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?
CPA FAR Exam
- 25 decks
- 1795 flashcards
- 1 learners
Decks:
Cpa Far 1 75 Ch 10, Cpa Far Exam Various Concepts, Cpa Far Ch 1, And more!
Becker FAR
- 72 decks
- 1250 flashcards
- 9 learners
Decks:
F1 M1 Standards And Conceptual Framework, M1 F2 Income Statement And Balance Sheet, F1 M3 Revenue Recognition Part 1, And more!
CPA: REG
- 35 decks
- 1010 flashcards
- 103 learners
Decks:
Chapter 1 Section 1 2 Filing Status And, Chapter 1 Section 3 Gross Income, Chapter 1 Section 4 Employee Stock Optio, And more!
