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Kali Chiusano
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Decks in this class (28)
Financial Accounting Standards
Define recognition,
What was the wheat committee resp...,
What steps does fasb take to issu...
73
cards
Stock Compensation
What is a stock purchase plan,
What is a noncompensatory stock p...,
What are the journal entries for ...
17
cards
International Accounting Standards Board
What are the objects of the ifrs ...,
Which groups does the ifrs founda...,
What does iasb do
17
cards
US Securities and Exchange Commission
Who has the legal authority to pr...,
What is the mission of the sec,
In order to be a foreign private ...
24
cards
General Purpose Financial Statements
What types of information can you...,
What is a measurement base,
Current ratio
102
cards
Special Purpose Frameworks
Explain cash basis,
What are the types of ocboa state...,
Explain the modified cash basis
22
cards
Cash and Cash Equivalents
What is cash,
What items are included in cash,
How is a bank overdraft accounted...
15
cards
Receivables & inventory
What is an accounts receivable,
What is a notes receivable,
What are the 4 types of receivables
70
cards
Inventory
Define inventory,
Is inventory a current or noncurr...,
What items are included in inventory
27
cards
Property, Plant and Equipment
What are the requirements for an ...,
There are 4 categories for plant ...,
What items are included in plant ...
50
cards
Investments
What is an equity security,
What is a debt security,
What is recognition
42
cards
Intangible Assets
What is an intangible asset,
Where do intangible assets come from,
What is the accounting treatment ...
25
cards
Payables
What is a liability,
What are the 3 key elements to li...,
What are the 2 ways to classify a...
10
cards
Deferred Revenue
What is a deferred revenue,
How are deferred revenues account...,
Short cut to solve for revenue ea...
6
cards
long term debt
What is the definition of a short...,
What is the definition of a long ...,
How do you treat a simple interes...
59
cards
Equity
What is owners equity,
What are the two main oe categories,
What is par
64
cards
Revenue Recognition
What is revenue,
What are the 3 criteria for reven...,
What is the installment sale basis
28
cards
Costs and Expenses
What is a cost,
What is an expense,
What is a deferral
13
cards
Deferred Compensation
What is a defined contribution pe...,
How do you account for a defined ...,
What is a defined benefit pension...
32
cards
Income Taxes
When is income tax expense recogn...,
Does gaap emphasize the matching ...,
What are the main effects of appl...
49
cards
Accounting Changes
What are the four types of accoun...,
What does retrospective mean,
What does prospective mean
23
cards
Asset Retirement
What is an asset retirement oblig...,
How do you measure an asset retir...,
How do you account for an aro
4
cards
Business Combinations
What is a business combination,
What is control,
What are the three legal forms of...
45
cards
Consolidated Financial Statments
Why do we create consolidated fin...,
What are the exceptions to prepar...,
How can a parent carry an investm...
33
cards
Combined Financial Statements
What is a combined financial stat...,
When is a combined financial stat...,
What is the difference between a ...
3
cards
Financial Instruments
What items are included under fin...,
How does ifrs define financial as...,
What is accounting mismatch
64
cards
Contingencies
What is a contingency,
What are the 3 catagories for the...,
What do you do for a loss conting...
15
cards
Earnings per Share
What eps figures are disclosed,
What is basic eps,
What is diluted eps
3
cards
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FAR - CPA test
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