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By:
Verity Russell
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Decks in this class (47)
Week 1 - History of Accounting
How many milenia has accounting b...,
When did double entry bookkeeping...,
Who is the father of accounting
5
cards
Week 1 - Financial vs Management Accounting
What does financial accounting se...,
What does financial accounting do,
Why do their need to be rules and...
15
cards
Week 1 - What are Financial Statements
What is a financial statement a m...,
What are the three types of finan...,
What does an income statement pro...
9
cards
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0
cards
Week 2 - Assets, Liabilities and Equity
What is an asset,
Why are assets bought or created,
What could an asset be
11
cards
Week 2 - Definitions of Assets, Liabilities and Equity, and Classification
What are some controlled assets,
What are some non controlled assets,
What can control mean
8
cards
Week 2 - Income Statement
What is the main objective of a c...,
How is wealth generated,
What is the income statement ofte...
9
cards
Week 2 - What are the Accounting Conventions?
What is the money measurement con...,
What is the accruals or match mak...
2
cards
Week 2 - The Accruals Concept
What are accruals,
What is a prepayment,
What is an example of an accrual
3
cards
Week 2 - What Makes Up the Statement of Financial Position
What does the statement of financ...,
What would we expect a company li...,
Who would we expect a company lik...
3
cards
Week 2 - What Makes Up the Statement of Profit or Loss
What does the statement of profit...,
What are the two elements that,
What are the two types of income ...
7
cards
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0
cards
Week 3 - Double-Entry Book Keeping Principles
1
cards
Week 3 - PEARLS
What does p stand for,
What does p stand for,
What does p stand for
8
cards
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0
cards
Week 4 - Revenue, Purchases and Cost of Sales
What is the overview of financial...,
When do we think about recording ...,
What is the cost of sales calcula...
3
cards
Week 4 - Accounting for Property, Plant and Equipment
How is property plant and equipme...,
How often is ppe expected to be used,
What do we need to do when we fir...
8
cards
Week 4 - Bank Loans, Shares and Retained Earnings
What are the three ways a busines...,
What does share premium only appl...,
What is the difference between sh...
8
cards
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0
cards
Week 5 - An Introduction to Management Accounting I
Define management,
Define accounting,
What does drury say management ac...
8
cards
Week 5 - An Introduction to Management Accounting II
What are the characteristics of u...,
What is the mnemonic for the char...,
What should information provision...
13
cards
Week 5 - CIMA Ethics
What are the five fundamental pri...
1
cards
Week 5 - Cost Concepts
What is cost classification,
What is the cost objective object,
What are some reasons that costs ...
19
cards
Week 5 - More Cost Definitions
In financial accounting what is a...,
In management accounting what are...,
Define direct materials
16
cards
Week 5 - Decision Making
What are differential costs and r...,
Define sunk costs,
3
cards
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0
cards
Week 6 - Cost Behaviour and Job-Order Costing I
Define cost behaviour,
When do total variable costs change,
How do fixed costs react to a cha...
14
cards
Week 6 - Cost Behaviour and Job-Order Costing II
What is a mixed cost,
What can a mixed cost also be kno...,
Define a mixed cost
9
cards
Week 6 - High Low Method
What is the fi,
What causes the cost to happen,
What is the second step
6
cards
Week 6 - Cost Behaviour and Job-Order Costing III
What are the types of fixed cost,
Define committed fixed costs,
What are some examples of committ...
14
cards
Week 6 - Cost Behaviour and Job-Order Costing IV
What are the two types of costing...,
What comes under specific order c...,
What comes under continuous opera...
14
cards
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cards
Week 7 - Job Order Costing Accounting and Overhead Allocation and Apportionment I
How does the cima define overhead...,
What are some examples of overheads,
What are the two types of cost ce...
21
cards
Week 7 - Job Order Costing Accounting and Overhead Allocation and Apportionment II
What is the formula for the prede...,
Ideally the allocation base is,
What is the formula for overhead ...
5
cards
Week 7 - Job Order Costing Accounting and Overhead Allocation and Apportionment V
What does underapplied overhead mean,
What does overapplied overhead mean,
What do we do in method 1 if over...
6
cards
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0
cards
Week 8 - Absorption and Variable/Marginal Costing I
What is another word for variable...,
What does variable costing say th...,
What does variable costing say th...
9
cards
Week 8 - Absorption and Variable Costing II
How do we get the unit cost for v...,
How do we get the unit cost for a...,
In absorption costing how do we g...
12
cards
Week 8 - Absorption and Variable Costing III
When will absorption costing give...,
When will variable costing give a...,
What happens when there is no cha...
3
cards
Week 8 - Absorption and Variable Costing IV
What is the first advantage of th...,
What is the second advantage of t...,
What is the third advantage of th...
11
cards
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cards
Week 9 - Cost Volume Profit Analysis
What is cvp analysis,
What does cvpa do,
What is the objective of cvpa
3
cards
Week 9 - Cost Volume Profit Analysis II
0
cards
Week 9 - Cost Volume Profit Analysis III
What does it mean if a company br...,
What is the contribution margin r...,
What is the formula for the cm ratio
3
cards
Week 9 - Cost Volume Profit Analysis IV
What is the first way break even ...,
What is the second way break even...,
What is the formula for the equat...
5
cards
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0
cards
Week 10 - Cost Volume Profit Analysis 2.1
0
cards
More about
FFMA
- Class purpose General learning
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