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

Decks in this class (22)

Formulas
Assets 1,
Net income loss 2,
Cogs 3
46  cards
Concepts CH 1
Fundamental characteritics 1,
Enhancing characteristics 2,
Aspect of fundamental charaterist...
47  cards
Concepts Ch 2
Income statement formats 1,
Oci includes 2,
Current assets 3
20  cards
Concepts CH 3
Changes in accounting principle 1,
Type of changes in accounting pri...,
Retroactive application 3
53  cards
Concepts CH 4
Summary of significant accounting...,
Segment reporting op segment 2,
Segment reporting quantitative th...
25  cards
Concepts CH 5
Control in another entity 20 1,
Control between 20 and 50 2,
Control 50 3
21  cards
Concepts CH 6
Determine uncollectibles asset val 1,
Determine uncollectibles income m...,
Notes receivable 3 month original...
36  cards
Concept CH 7
Cost of inv purchases include 1,
Lower of cost of market lcm lifo ...,
Net realizable value nrv fifo avg...
37  cards
Concepts CH 8
Ppe 1,
Land initial cost 2,
Building initial cost 3
28  cards
Concepts CH 9
Externally acquired intangible as...,
Internal intangible assets 2,
Subsequent measurement finite 3
20  cards
Concepts CH 10
Current liabilities 1,
Accrued expenses 2,
Taxes payable fica med futa 3
33  cards
Concepts CH 11
Contribution plan expense 1,
Benefit plan key points 2,
Benefit plan measurement 3
35  cards
Concepts CH 13
Capital lease 1,
Components of min lease payments 2,
Capital lease liability 3
25  cards
Concepts CH 19
Statement of changes in fiduciary...,
Agency fund 2,
Bond anticipation notes that don ...
45  cards
Concepts CH 18
Budgetary comparison must be 1,
Gasb recommends governmental fund...,
When a purchase order is released...
92  cards
Concepts CH 20
Fasb s net asset model requires n...,
Nfp financial statements 2,
Statement of activities 3
46  cards
Concepts CH 16
If ratio is 1 an equal increase t...,
If ratio is 1 an equal decrease i...,
If ratio is 1 an equal increase t...
38  cards
Ratios
Working capital 1,
Current ratio 2,
Quick ration acid test 3
21  cards
Concepts CH 12
Bond issued at par 1,
Bond issue at premium 2,
Bond issue at discount 3
38  cards
Concepts CH 14
Rights issued no consideration 1,
Stock split 2,
Cash dividend reduces retained ea...
22  cards
Concepts CH 17
Adj of cogs to cash paid to suppl...,
Increase in inventory 2,
Decrease in inventory 3
36  cards
Concept CH 15
Combined statements 1,
A business combination 2,
Acquisition method 3
22  cards

More about
FAR

  • Class purpose General learning

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