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Christina Gotera
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Decks in this class (30)
FAR 1 - M7 STMT OF COMPREHENSIVE INC
Cash flow hedge types,
Does comprehensive include all ch...,
How do you calculate comprehensiv...
12
cards
FAR 1 - M1 Standards and Conceptual Framework
Who are the primary users of fina...,
What are the qualitative characte...,
How are qualitative characteristi...
4
cards
FAR 1 - M8 AJEs
When does a consignor record inco...
1
cards
FAR 2 - M1 NOTES TO FINANCIAL STMTS
Significant accounting policies,
Disclosure of vulnerability to a ...,
How are investment in bonds reported
3
cards
FAR 2 - M2 Subsequent Events
What are subsequent events,
How are subsequent events evaluat...,
How do sec non sec filers disclos...
3
cards
FAR 2 - M3 Fair Value Measurements
Fair value measurement,
Level 1 inputs to valuation techn...,
Level 2 inputs to valuation techn...
6
cards
FAR 2 M5 SEC Reporting
How to record trade note due with...,
How to record trade note due more...,
Large accelerated filer mkt value...
5
cards
FAR 2 - M6 SPECIAL PURPOSE FRAMEWORKS (CASH ACCRUAL MODIFIED CASH)
Convert cash to accrual basis rev...,
Convert cash paid for purchases t...,
Convert cash paid for operating e...
3
cards
FAR 2 - M7 RATIO ANALYSIS
Debt to equity ratio,
Quick ratio,
Ar turnover
16
cards
FAR 2 - M8 PARTNERSHIPS
Investments of a new partner is v...,
Under the bonus method the new pa...,
Under the goodwill method the new...
10
cards
FAR 3 - M1 CASH AND CASH EQUIVALENTS
What is the maturity length of in...,
How do you reports cash at differ...
2
cards
FAR 3 - M2 TRADE RECEIVABLES
Factoring receivables meaning,
How can you convert receivables t...,
Discounting the note
3
cards
FAR 3 - M3 INVENTORY
Fifo periodic and perpetual inven...,
Treatment of goods held on consig...,
Treatment of sale of goods held o...
14
cards
FAR 3 - M4 PP&E: COST BASIS
How to depreciate lhi,
When to capitalize or expense int...,
Capitalized interest based on wei...
3
cards
FAR 3 - M5 PP&E: DEPRECIATION AND DISPOSAL
Which method of depn is salvage v...,
What is the effect in net income ...,
If equipment is depreciated using...
6
cards
FAR 3 - M6 NONMONETARY EXCHANGES
Non monetary exchanges recognized...,
How do you record nonmonetary exc...,
How do your record nonmonetary ex...
11
cards
FAR 3 - M7 INTANGIBLES
How do you treat organization cos...,
Before the establishment of techn...,
After the establishment of techno...
9
cards
FAR 3 - M8 IMPAIRMENT
How is impairment loss in intangi...,
Is there subsequent reversal of a...,
Long lived assets that are impair...
7
cards
FAR 4 - M1 FINANCIAL INSTRUMENTS
Trade debt securities are recorde...,
Bond investments intended to be h...,
How do you recognize unrealized g...
13
cards
FAR 4 - M2 EQUITY METHOD
If a company acquires more than 2...,
If the investee declared net inco...,
The excess of fv over bv is depre...
4
cards
FAR 4 - M4 ACQUISITION METHOD
In a business consolidaton if acq...,
How do you record registration fe...,
How do you record fees of finders...
5
cards
FAR 4 - M5 ACQUISITION METHOD
How should the acquirer recognize...,
Fv of sub less acq cost non contr...,
Fv of sub less fv of net assets g...
4
cards
FAR 4 - GOODWILL & IMPAIRMENT
How do you calc goodwill impairment
1
cards
FAR 5 -M1 PAYABLES ANC ACCRUED LIAB
If equity securities have been is...,
Record the accretion expense over...
2
cards
FAR 5 - M2 CONTINGENCIES AMD COMMITMENTS
Contingent liab is probable and c...,
Contingent liab is probable but c...,
Contingent liab is remote
4
cards
FAR 5 - M3 LONG TERM LIABILITIES
Computation of effective interest...,
Computation of future amountor ac...
2
cards
FAR 5 - M4 BONDS
Bond issuance is selling a bondit...,
Check the stated contract interes...,
Bond issued with detachable warrant
4
cards
FAR 6 - LEASE
Finance lease lessee sales type l...,
If you sold the asset and leased ...,
Sale leaseback
13
cards
FAR 6 - M3 DERIVATIVES AND HEDGE ACCTG
Fair value hedge,
Cash flow hedge,
Purpose of hedging
3
cards
FAR 6 - M4 FOREX ACCTG
0
cards
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FAR 1
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