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Decks in this class (17)
Accounting Foundations & Conceptual Framework (GAAP)
What is accounting 1,
Primary purpose of financial acco...,
Who are external users 3
50
cards
Accounting Equation, Accounts & Double-Entry Mechanics
Accounting equation 1,
Accounting equation rearranged fo...,
Accounting equation rearranged fo...
49
cards
Journal Entries, Adjustments & Closing Process
Entry for cash sale 1,
Entry for credit sale 2,
Collection of receivable 3
49
cards
Financial Statements & Core Ratio Analysis
Income statement reports 1,
Balance sheet reports 2,
Cash flow statement reports 3
49
cards
Cash Management & Receivables Accounting
What qualifies as cash under gaap 1,
What are cash equivalents 2,
What is restricted cash 3
50
cards
Inventory Accounting & Cost Flow Methods
Inventory definition 1,
Perpetual system 2,
Periodic system 3
49
cards
Property, Plant, Equipment & Intangibles
Pp e definition 1,
Land depreciated 2,
Land improvements depreciated 3
49
cards
Investments, Fair Value & Financial Instruments
Trading securities 1,
Trading unrealized gains 2,
Available for sale securities 3
49
cards
Long-Term Liabilities & Bond Accounting
What are bonds payable 1,
Face value of bond 2,
Coupon rate 3
50
cards
Lease Accounting – ASC 842 Mastery
Asc 842 requires 1,
Rou asset 2,
Lease liability 3
50
cards
Deferred Taxes, Contingencies & Pension Accounting
Deferred tax asset 1,
Deferred tax liability 2,
Temporary difference 3
49
cards
Stockholders’ Equity & Earnings Per Share
Common stock represents 1,
Preferred stock preference 2,
Cumulative preferred 3
49
cards
Cost-Volume-Profit (CVP) & Contribution Modeling
Contribution margin formula 1,
Contribution margin ratio 2,
Break even point units 3
50
cards
Budgeting, Standard Costs & Variance Analysis
Master budget includes 1,
Sales budget is 2,
Production budget formula 3
48
cards
Costing Systems: Job, Process & Activity-Based Costing
Job order costing used when 1,
Process costing used when 2,
Cost object 3
49
cards
Capital Budgeting & Performance Measurement
Net present value 1,
Positive npv means 2,
Internal rate of return 3
49
cards
Advanced Financial Ratios & Valuation Modeling
Dupont 3 step formula 1,
Dupont 5 step breakdown 2,
Tax burden ratio 3
50
cards
More about
Accounting & Financial Analysis
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