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

Decks in this class (25)

Accounting Changes
How are changes in accounting pri...,
Would a change from completed con...,
Would a change from lifo to fifo ...
10  cards
Bonds Debt Restructure
What is a serial bond 1,
What is a term bond 2,
What is a debenture bond 3
23  cards
Consolidations
When is the fair value method use...,
When is the equity method used wh...,
When are companies required to fi...
7  cards
Current Assets & Liabilities
What is a current asset 1,
What is a current liability 2,
How is the quick ratio calculated 3
11  cards
Deferred Taxes
What is a temporary difference re...,
What is a deferred tax asset 2,
What is a deferred tax liability 3
8  cards
Derivatives Hedging Translation
How are derivatives recorded 1,
How are unrealized gains losses o...,
How are gains and losses on avail...
14  cards
Financial Reporting
What is the primary objective of ...,
What is the most authoritative se...,
What are the 2 levels of authorit...
70  cards
Fixed Assets
How are research and development ...,
Which expenditures are included i...,
Which expenditures are included i...
15  cards
Governmental Accounting
What are the three major types of...,
Which two accounting bases are us...,
What is a budget appropriation 3
29  cards
IFRS
Which organization s standards ar...,
Where is the first place manageme...,
Which framework helps to develop ...
43  cards
Inventory
Which costs are inventoriable 1,
When does ownership of goods tran...,
When does ownership transfer when...
23  cards
Investments
How are available for sale securi...,
How are available for sale securi...,
How are unrealized g l for availa...
7  cards
Leases
How is a capital lease recorded 1,
What footnote disclosures are req...,
What are the requirements for a c...
10  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...
4  cards
Personal Financial Statements
Which personal financial statemen...,
How are assets and liabilities va...,
How are estimated taxes that woul...
15  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...
25  cards
Wiley- FASB and Standard Setting
What is the main purpose of the s...,
What comprises united states gene...,
What is the role of the financial...
10  cards
Wiley - Accrual Accounting
What topics does the financial ac...,
What purpose does the financial a...,
What are long term assets 3
11  cards
Wiley - Financial Statements
What approach is used when financ...,
Where and how are prior period ad...,
What are the items in other compr...
12  cards
Wiley - Financial Accounting Standards Codification
What are the major areas in the f...,
What is the lowest structure of t...,
What is the highest structure of ...
5  cards
Wiley - Objectives and Qualitative Characteristics
What are the primary qualitative ...,
What are the ingredients of relev...,
What is predictive value 3
15  cards
Wiley - Assumptions, Accounting Principles
What is the entity assumption 1,
What is the going concern assumpt...,
What is the unit of measurement a...
12  cards
Wiley - Constraints and Present Value
Define cost effectiveness 1,
What is the constraints to settin...,
What is cost effectiveness 3
8  cards

More about
FAR

  • Class purpose General learning

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