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Financial Accounting Reporting

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

By: Holly Peters
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Decks in this class (17)

F6 M1 Not For Profit Financial Reporting Part 1
What are three financial statemen...,
What type of accounting does gaap...,
What are the general principles p...
20  cards
F6 M2 Not For Profit Financial Reporting Part 2
What is the purpose of the statem...,
Examples of cash transactions rel...,
Examples of cash transactions rel...
7  cards
F6 M3 Not For Profit Revenue Recognition
What are revenues from exchange t...,
Examples of exchange transactions 2,
What is a contribution 3
32  cards
F6 M4 Not For Profit Transfers of Assets and Other Accounting Issues
What are financially interrelated...,
What is a not for profit recipien...,
Explain an organization that is n...
16  cards
F6 M5 Governmental Accounting Overview
What is the purpose of fund accou...,
What do gasb concept statements n...,
What are gasb 34 reporting requir...
16  cards
F6 M6 Governmental Fund Structure and Fund Accounting
How are governmental funds accoun...,
What are the governmental fund ty...,
What is a general fund 3
25  cards
F5 M1 Financial Instruments
What is the fair value option 1,
What instruments are not eligible...,
When can fair value elections be ...
29  cards
F5 M2 Equity Method
When do you use the equity method...,
When can you not use the equity m...,
Je to record purchase of investme...
10  cards
F5 M3 Consolidated Financial Statements
When do you use the consolidation...,
What is controlling interest what...,
What is the acquisition method 3
19  cards
F5 M6 Income Taxes: Part 1
What is intraperiod tax allocation 1,
What is interperiod tax allocation 2,
What are permanent differences 3
19  cards
F5 M7 Income Taxes: Part 2
When do you use the enacted tax r...,
Calculation of income tax expense...,
A net operating loss generated be...
16  cards
F3 M1 Cash and Cash Equivalents
What items are included in cash a...,
What does it mean if a book balan...,
Can negative bank balances be net...
9  cards
F3 M2 Trade Receivables
Calculation for allowance for cre...,
Journal entry to record a write o...,
Journal entry to record an adjust...
16  cards
F3 M3 Inventory
What do you do to recognize a los...,
The difference between the period...,
Weighted average method calculati...
15  cards
F3 M4 PP&E Cost Basis
Cost of land calculation 1,
What items are considered land im...,
Cost of plant calculation 3
9  cards
F3 M5 PP&E: Depreciation, Disposal, and Impairment
When are restorations of carrying...,
Double or 150 declining balance d...,
Sum of years digits depreciation ...
13  cards
F3 M6: Intangibles with Finite Lives
How are intangibles purchased fro...,
Examples of intangible assets 7 2,
Intangible assets that are suscep...
13  cards

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Financial Accounting Reporting

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Financial Accounting Reporting
  • 31 decks
  • 1677 flashcards
  • 21 learners
Decks: Financial Statements, Basic Concepts Financial Statements, Income Statements Items, And more!
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