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Cici Smith
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Decks in this class (41)
Accounting Changes
How are changes in accounting pri...,
Would a change from completed con...,
Would a change from lifo to fifo ...
10
cards
Bonds/ Troubled Debt Restructure
What is a serial bond 1,
What is a term bond 2,
What is a debenture bond 3
46
cards
Consolidations
When is the fair value method use...,
When is the equity method used wh...,
When are companies required to fi...
12
cards
Current Assets & Liabilities
How is days to collect a r calcul...,
How are gain contingencies record...,
When are loss contingencies recor...
21
cards
Deferred Taxes
What is a temporary difference re...,
What is a deferred tax asset 2,
What is a deferred tax liability 3
10
cards
Derivatives Hedging Translation
How are derivatives recorded 1,
How are unrealized gains losses o...,
How are gains and losses on avail...
43
cards
Financial Reporting
What is the primary objective of ...,
What is the most authoritative se...,
What are the 2 levels of authorit...
56
cards
Financial Statements
Which personal financial statemen...,
How are assets and liabilities va...,
How are estimated taxes that woul...
25
cards
Fixed Assets
How are research and development ...,
Which expenditures are included i...,
Which expenditures are included i...
40
cards
Governmental Accounting
What are the three major types of...,
Which two accounting bases are us...,
What is a budget appropriation 3
43
cards
IFRS
Which organization s standards ar...,
Where is the first place manageme...,
Which framework helps to develop ...
56
cards
Inventory
Which costs are inventoriable 1,
When does ownership of goods tran...,
When does ownership transfer when...
37
cards
Investments
How are available for sale securi...,
How are available for sale securi...,
How are unrealized g l for availa...
14
cards
Leases
How is a capital lease recorded 1,
What footnote disclosures are req...,
What are the requirements for a c...
14
cards
NFP Accounting
Which financial statements are re...,
What are the major classification...,
What are the major classification...
21
cards
Partnership Accounting
How are capital contributions wit...,
If no goodwill is recorded upon a...,
If goodwill is recorded upon admi...
5
cards
Statement of Cash Flows
What items are included in operat...,
What items are included in invest...,
What items are included in financ...
5
cards
Stockholders Equity
When common stock and preferred s...,
When is apic recorded on a stock ...,
To what extent is retained earnin...
24
cards
Earnings per share
Basic eps formula 1,
If converted convertible preferre...,
If converted convertible bonds 3
4
cards
Extraordinary Items
Extraordinary items are 1,
Examples of unusual but not consi...,
Examples of extraordinary 3
3
cards
Discontinued Operations
Relocation of employees 1,
Criteria for discontinued operati...,
One time termination benefits 3
5
cards
Comprehensive Income
Comprehensive income presentation 1,
Comprehensive income components 2,
Reclassification adjustment inclu...
6
cards
Long Term Construction Contracts
Computation of construction in pr...,
Computation of current year contr...,
Of completion 3
16
cards
Software Costs
Computer software for sale 1,
Computer software for sale 2,
Computer software for internal use 3
10
cards
Financial Statement Ratios
Working capital 1,
Current ratio 2,
Quick ratio acid test 3
19
cards
Accounts Receivable
Je sale of receivables w o recour...,
Computation of cash proceeds on s...,
Computation of cost on factoring 3
9
cards
Asset retirement obligation
Computation of aro 1,
Je for yearly accretion expense 2,
Computation of depreciation of as...
4
cards
Notes Receivable/Notes Payable
Notes receivables payables due in...,
Notes receivables payables due mo...,
Discounting of nr 3
10
cards
Capitalization of interest
Computation 1,
Average accumulated expenditure f...,
Actual interest 3
13
cards
Intangibles
Intangibles with indefinite life 1,
Journal entry 2,
Impairment test process 3
26
cards
Pensions
Pension expense components 1,
Calculation of pbo end 2,
In defined benefit pension plan t...
11
cards
Stockholder's Equity
Subscription journal entries 1,
Donation of stock by shareholder ...,
Treasury stock cost method 3
28
cards
Impairment Loss
0
cards
Segment Reporting
3 basic disclosures 1,
Other disclosures 2,
More disclosures 3
12
cards
BUSINESS COMBINATION
Business acquisition journal entr...,
Non controlling interest ending b...,
Combined financial statements 3
7
cards
Cash Flows
Bond premium amortization on long...,
Bond discount amortization on lon...,
Premium or discount amortization ...
28
cards
Non profit accounting
Conditional promise to give 1,
Financial statements required for...,
Supporting activities 3
56
cards
Installment Sales
Jpurnal entries 1,
Balance sheet presentation 2
2
cards
Goodwill
Impairment 1
1
cards
Transfers and Servicing Disclosures
Disclosure collateral 1,
Disclosure extinguished debt 2,
Disclosure description of assets ...
7
cards
Interim FS
Statutory rate vs effective rate 1,
Can you use statutory rate 2
2
cards
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FAR
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