Brainscape's Knowledge GenomeTM


Top Flashcards (Certified)
All Flashcards

Financial Reporting

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

By: Oliver Casey
Start Studying

Decks in this class (10)

Module 1: The Financial Reporting Environment (Part 1)
Accounting is the process of ____...,
Financial reporting is a method o...,
Financial accounting is 3
190  cards
Module 1: The Financial Reporting Environment (Part 2)
A principles based system of acco...,
A rules based system requires pre...,
In practice most standard setting...
146  cards
Module 2: The Accounting Theory
A basic principle of accounting i...,
Measurement basis elements recogn...,
The two categories of measurement...
128  cards
Module 3: Financial Statements
Ias1 stipulates that all items of...,
Disclosure of items can appear in 2,
All iass ifrss apply only to the ...
102  cards
Module 4: Application of specific Accounting Standards (Part 1)
The name of ias 16 is 1,
The cost of an item of property p...,
All items of property plant and e...
162  cards
Module 4: Application of Specific Accounting Standards (Part 2)
Two main instances where foreign ...,
Two main instances where foreign ...,
Foreign currency a _______ other ...
65  cards
Module 5: Business Combinations (Part 1)
A g___ of companies consists of a...,
Parent individual accounts and th...,
What is the name of ias 27 ifrs 3 3
97  cards
Module 5: Business Combinations (Part 2)
Intra group ____ and ________ are...,
When a parent company acquires a ...,
Retained earnings in the consolid...
31  cards
Module 6: Analysis of Financial Statements
Financial analysis can be broken ...,
Basic ratios can be grouped into ...,
Other items that should be looked...
86  cards
Revision Questions
When an ifrs conflicts with the c...,
A provision is a l_____ of uncert...,
A gain from the sale of a n_ c___...
32  cards

More about
Financial Reporting

  • Class purpose General learning

Learn faster with Brainscape on your web, iPhone, or Android device. Study Oliver Casey's Financial Reporting flashcards now!

How studying works.

Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.

Learn more about spaced repetition

Add your own flashcards.

Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!

What's Brainscape anyway?

Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.

We use an adaptive study algorithm that is proven to help you learn faster and remember longer....

Looking for something else?

Financial Accounting Reporting
  • 30 decks
  • 1642 flashcards
  • 14 learners
Decks: Financial Statements, Basic Concepts Financial Statements, Income Statements Items, And more!
Financial Accounting and Reporting
  • 36 decks
  • 681 flashcards
  • 234 learners
Decks: Financial Reporting Environment, Income Statement Items, Stay Focused, And more!
Find Flashcards
Make Flashcards
Brainscape helps you reach your goals faster, through stronger study habits.
© 2025 Bold Learning Solutions. Terms and Conditions