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Intro to Accounting & Finance

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

By: Botan Sayda
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Decks in this class (10)

1. Intro to Accounting
Define accounting,
State 5 main types of business,
State the difference between plc ...
11  cards
2. Financial Statements
3 key questions regarding financi...,
Contents of a balance sheet,
Contents of an income statement
11  cards
3. Measuring & Reporting Financial Position
Give a formula for assets,
Where does a business get its mon...,
What is meant by share capital
17  cards
4. Measuring & Reporting Financial Performance
What is an income statement,
Gross profit,
Operating profit
5  cards
5. Accounting Adjustments
Depreciation,
What is depreciation stated as in...,
What is amortisation for intangib...
12  cards
6. Journal Entries
0  cards
7. From Trial Balance to Financial Statements
0  cards
8. Measuring & Reporting Cash Flows
0  cards
9. Profitability & Efficiency
0  cards
10. Liquidity & Gearing
0  cards

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Intro to Accounting & Finance

  • Class purpose General learning

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