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

Decks in this class (20)

Conceptual framework and Format of FS
Chapter 1 and 2
14  cards
PPE
What is ppe what is its initial c...,
What 4 costs are excluded include...,
List 5 directly attributable cost...
15  cards
Financial Instruments and Forex
Describe ias32 and explain what a...,
What is an equity instrument and ...,
What does ifrs9 describe what is ...
10  cards
Revenue and Inventory/ Government Grants
What is the 5 step process for re...,
Describe features of identifying ...,
When considering performance obli...
12  cards
Intangible assets
What is the price earning ratio f...,
What does ias33 show 2
2  cards
Reporting financial performance
How do you account for change in ...,
How do you account for changes in...,
How do you account for prior peri...
9  cards
Provisions and Contingencies
What is the recognition criteria ...,
Give double entry for provision a...,
Define onerous contracts and unav...
8  cards
EPS
Give the price earning ratio form...,
Give eps formula and define earni...,
Give two types of preference share 3
8  cards
Leasing
What is the recognition criteria ...,
What is inception accounting in r...,
Give double entry for right of us...
7  cards
Basic principles of CSFP
Double entry for acquisition of s...,
When are group accounts required ...,
Give 4 steps to forming consolida...
9  cards
CSFP continued
What is double entry for transfer...,
How do you treat intragroup trans...,
What are the 2 alternative scenar...
7  cards
CSFP MAIN
Give proforma of w2 and how to st...,
Give proforma for w3 goodwill 2,
Give proforma for w4 nci 3
10  cards
CSPL
What form does cspl take 3 steps 1,
What is w2 and how do you start c...,
What is w3 what is the final step...
5  cards
CSFP/PL for associates
How do you present associate in c...,
How do you calc net assets of ass...,
How does associate impact w5 and ...
6  cards
Single entity FS adjustments
How do you treat goods omitted fr...,
Soce format 2,
What is other comprehensive incom...
7  cards
Explain questions
What is the treatment for a sale ...,
What is the treatment for a conti...,
What is the treatment for related...
8  cards
Tackling consol questions
If the note mentions that nci is ...,
If the note says the parent is un...,
How do you treat contingent consi...
5  cards
Tackling SFP/PL
If note mentions selling items on...,
If given a note about depreciatio...,
How do you treat nca held for sal...
6  cards
Tables to remember
What table do you use if you see ...,
How do you treat convertible shar...,
What is the lease liability table...
4  cards
SOCF
Cash generated from operation adj...,
What is cashflow from operating a...,
What is cashflow from investing a...
5  cards

More about
FAR

  • Class purpose General learning

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