Financial Acct Systems 2

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Decks in this class (22)

Ch 12
Esg,
Integrated report,
2 main characteristics of intangi...
52  cards
Ch 12 IFRS Insights
Similarities r d gaap and ifrs,
Similarities intangibles gaap and...,
Revaluation limited life intangib...
12  cards
Ch 13
3 essential characteristics of a ...,
Liabilities,
Current liabilities
76  cards
Ch 13 IFRS Insights
Ifrs and gaap definition of liabi...,
Ifrs presentation of current liab...,
Ifrs vs gaap measurement of provi...
15  cards
Ch 12 To 14 Wrong Answers
How should winning a case defendi...,
What account would the total amor...
2  cards
Ch 14
Covenants aka restrictions,
Longterm debt,
What does the bond indenture aka ...
6  cards
Ch 14 Append. + IFRS Insights
Ifrs generally assumes that all r...,
Troubled debt restructuring,
Troubled debt restructuring invol...
10  cards
Ch 17
Debt securities,
2 common motivations for investin...,
3 debt investment classifications
56  cards
Ch 17 IFRS Insights
Gaap vs ifrs accounting treatment...,
Gaap vs ifrs trading investments,
Gaap vs ifrs equity method
9  cards
Ch 18
Gaap revenue recognition principl...,
6 common sources of revenue,
Revenues are realized when a company
63  cards
Ch 18 Appen. + IFRS Insights
Service sponsor retailer industries,
4 types of franchising arrangements,
Franchisor franchisee
15  cards
Ch 19
Tax accounting term taxable incom...,
Financial reporting term pretax i...,
Deferred tax liability
52  cards
Ch 19 IFRS Insights
Ifrs vs gaap classification of de...,
Ifrs vs gaap similarities of acco...,
Ifrs vs gaap affirmative judgemen...
8  cards
Exam 2 Wrong Answers
What is the journal entry to reco...,
What is the journal entry to reco...,
Your company purchases a 30 stake...
30  cards
Ch 20
What are the 2 divisions for pens...,
Pension plan,
Pension fund plan
42  cards
Ch 21
Lessee,
Lease,
Lessor
73  cards
Ch 21 IFRS Insights
Both gaap and ifrs share the same...,
Lessees and lessors enter into ar...,
Ifrs vs gaap risks and rewards of...
9  cards
Ch 22
Change in accounting principle,
Fasb established reporting framew...,
Change in accounting estimate
47  cards
Ch 22 IFRS Insights
Ifrs vs gaap when change in accou...,
Ifrs vs gaap accounting for chang...,
Ifrs vs gaap reporting error corr...
5  cards
Ch 23
Primary purpose of statement of c...,
Many analysts like stocks of comp...,
The statement of cashflows provid...
42  cards
Ch 23 IFRS Insights
Gaap vs ifrs cash and cash equiva...,
Gaap vs ifrs preparation of state...,
Ifrs vs gaap 3 major sections
7  cards
Ch 14 p. 2
What happens to the value of a bo...,
Firm underwriting,
Best efforts underwriting
65  cards

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Financial Acct Systems 2

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