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

Decks in this class (18)

1A Conceptual Framework
Qualitative characterstics,
Purpose,
Enhancing qualities
16  cards
1B Financial Statements For-Profit
Current ratio working capital ratio,
Quick ratio acid test ratio,
Debt to total asset
46  cards
1C Non-Profit Entities
Classes of net assets,
Nature of non profit expenses,
Function of non profit expenses
13  cards
1D Public Company
Form 10 q,
Form 10 k,
Form 8 k
23  cards
1E EE Benefit Plans
Asc 960,
Asc 962,
Financial statements of employee ...
8  cards
1F Special Frameworks
Cash basis financial statement ti...,
Tax basis financial statement titles,
Modified cash basis financial sta...
12  cards
2A Cash and cash equivalents
What are cash equivalents,
Calculate cash and cash equivalen...,
Bank reconciliation bank balance
5  cards
2B Trade receivables
Direct write off method,
Allowance method,
Invoice is deemed uncollectible a...
19  cards
2C Inventory
Product costs capitalized to inve...,
Cost of goods sold calculation,
Cost of goods purchased calculation
30  cards
2E Investments
Held to maturity debt securities,
Trading debit securities short term,
Available for sale debt securitie...
35  cards
2D Property, Plant, Equipment
Costs included in fixed assets,
Costs included in land,
Lump sum purchases
31  cards
2F Intangible Assets
Finite definite intangible assets,
Indefinite intangible assets,
Examples of finite intangible assets
16  cards
2G Payables and accrued wages
Various forms of payables,
Requirements for a payable,
Warranty liabilities jes
13  cards
2H Long-Term debt
Present value of 1,
Future value of 1,
Convert fv to pv
19  cards
2I Equity
0  cards
2J Revenue Recognition
0  cards
2K Compensation and Benefits
Accrual of vacation pay,
Payment of vacation pay,
Defined contribution plan
19  cards
2L Income Taxes
0  cards

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FAR

  • Class purpose General learning

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