This class was created by Brainscape user Top 7 CPALE. Visit their profile to learn more about the creator.

Decks in this class (12)

Partnership
Explain two types of partneship,
Kinds of partneship dissolution,
Admission by investmentexplain tc...
8  cards
Corporate Liquidation
What are the unsecured liabilitie...,
When the residual amount availabl...,
Interes payable is classified wit...
8  cards
Revenue Recognition: PFRS 15
Five step model frameworkcptar,
An entity will recognize revenue ...,
We consider transfer satisfied to...
5  cards
Construction Contracts
Cons contractpercentage of comple...,
Cons contractthe cost recovery ze...,
Two methods for construction cont...
13  cards
Consignment Sales
Note no revenue is recognized unt...,
Part of consigned inventory costs...,
Consignmentpag may freight costs ...
3  cards
Joint Arrangements (PFRS 11)
Pfrs 11it is still considered as ...,
Pfrs 11types of joint arrangement,
Pfrs 11explain the method if the ...
10  cards
Home Office and Branch Accounting
Home office and branch acctgexpla...,
Home office and branch acctg1 exp...,
Home office and branch acctgaccou...
17  cards
Business Combination & Consolidation on Acquisition Date
Bus combplease review your diagra...,
Bus combunder ifrs___what method ...,
The acquisition method involves 4...
15  cards
Consolidation - Subsequent to Date of Acquisition
Consolidation subsequent to date ...,
Consolidation subsequent to date ...,
Consolidation subsequent to date ...
5  cards
Consolidation - Intercompany Transactions
0  cards
Consolidation - Important Elimination Entries
Conso important elimination entri...,
2,
Conso important elimination entri...
4  cards
Foreign Exchange (ForEx)
What is a company s functional cu...,
In accounting the term translatio...,
For a foreign subsidiary that use...
6  cards

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AFAR

  • Class purpose General learning

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