This class was created by Brainscape user Leonard Wt. Visit their profile to learn more about the creator.
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Leonard Wt
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Decks in this class (12)
1. Fundamental Accounting Concepts and Recording Financial Information
What does accounting mean,
What are financial statements,
What is an entity
24
cards
2. Property, Plant and Equipment
What is ppe,
What are the key characteristics ...,
What are the measurement bases to...
16
cards
3. Corporate Governance
List the key roles within corpora...,
Describe the role of stakeholders,
Describe the role of boards and s...
27
cards
4. Inventory and VAT
What is the definition of inventory,
What are the three types of inven...,
What costs are included in the co...
26
cards
5. Liabilities and Equity
What is a liability what are the ...,
What are the criteria for definin...,
What are current and non current ...
33
cards
6. Reconciliations, JE and Doubtful Debts
What is the nominal ledger bank b...,
What are the common transactions ...,
What does a typical bank statemen...
18
cards
7. FR and Conceptual Framework
What is financial reporting regul...,
How do we select the appropriate ...,
What are the financial reporting ...
17
cards
8. Adj. Nominal Ledger and Complete Accounting Cycle
1 what are accrued expenses accru...,
2 where are accruals accrued inco...,
How do we calculate the amount ac...
17
cards
9. Presentation of FS
What are the objectives of financ...,
What are the financial statements...,
What are the key considerations f...
11
cards
10. Presentation of FS pt.2
What is the purpose of the socie ...,
What does the socie present,
What are the key presentation opt...
16
cards
11. Non-financial Reporting: Frameworks/Standards
What is non financial reporting w...,
What information is included in n...,
Why is non financial reporting be...
22
cards
12. Non-financial Reporting in Practice
What is the link between sustaina...,
What are the key types of environ...,
How do companies report the impac...
12
cards
More about
RP1
- Class purpose General learning
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