Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

ACCT 1101

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

By: Elise Michael
Start Studying

Decks in this class (18)

Decision Making + Role of Financial Accounting and Financial Statements for Decison Making
The dynamic environment of accoun...,
Steps in the decision making process,
When making decisions you must al...
39  cards
Recording Transactions
External transactions,
Internal transactions,
Non transactional events
18  cards
Accounting for Retailing
Inventory,
Income statement for retailers fo...,
Gst
17  cards
Accounting Systems
Operation of accounting systems,
Source documents,
Converting data to information
24  cards
Adjusting the Accounts and Preparing Financial Statements
Cash basis,
Accrual basis income including re...,
Accrual basis expenses
20  cards
Completing the Accounting Cycle
The complete accounting cycle dia...,
Closing temporary accounts,
The closing process
14  cards
Calculations
Sales revenue,
Net sales revenue,
Net cost of purchases
18  cards
Regulation And The Conceptual Framework
Purpose of the conceptual framework,
Step 1 of the framework,
Step 2 of the framework
27  cards
Cash Management and Control
Cash definition,
Principles of cash control,
Control of cash received through ...
20  cards
Statement of Cash Flows
Purpose of the statement of cash ...,
Format,
Concept of cash
8  cards
Receivables
Accounts receivable,
Bills receivable,
Bill of exchange
20  cards
Inventories
Performing a stocktake,
Transfer of ownership,
Goods on consignment
17  cards
Non-Current Assets: Acquisition and Depreciation
The nature of ppe,
Cost of ppe,
Operating lease
8  cards
Non-Current Assets: Revaluation, Disposal and Other Aspects
Upwards revaluation of assets,
Downwards revaluation of assets,
Derecognition of nca
11  cards
Liabilities
Definition of liabilities,
When liabilities are recognised,
Nature of provisions
12  cards
Preparation of Financial Statements
General reporting requirements,
External reporting requirements f...,
External reporting external repor...
4  cards
Analysis and Interpretation of Financial Statements
Sources of information,
Need for analytical techniques,
Horizontal analyses
10  cards
Ratios
Profitability ratios,
Liquidity ratios,
Financial stability ratios
5  cards

More about
ACCT 1101

  • Class purpose General learning

Learn faster with Brainscape on your web, iPhone, or Android device. Study Elise Michael's ACCT 1101 flashcards for their University of Western Australia class 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?

PSYCH 1101
  • 12 decks
  • 596 flashcards
  • 32 learners
Decks: Chapter 1, Chapter 2, Chapter 3, And more!
ACCT 2010
  • 15 decks
  • 495 flashcards
  • 3 learners
Decks: Chapter 1, Chapter 2, Chapter 3, And more!
PSYCH 1101
  • 16 decks
  • 657 flashcards
  • 1 learners
Decks: Methods, Brain, Sensation And Perception, And more!
ACCT 301
  • 12 decks
  • 948 flashcards
  • 9 learners
Decks: Ch 2, Ch 1, Ch 3, And more!
Find Flashcards
Make Flashcards
Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions