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

Decks in this class (13)

Lecture 1: The Nature and Purpose of Accounting Regulatory and Conceptual Frameworks
What is accounting 1,
What is management accounting 2,
What is financial accounting 3
29  cards
Lecture 2: Transaction Analysis and Financial Statements
Accounting equation 1,
Duality 2,
Classifying transactions 3
8  cards
Lecture 3: The Balance Sheet - Assets
What is the balance sheet and wha...,
What does the total assets figure...,
What is a consolidated balance sh...
12  cards
Lecture 4: The Balance Sheet - Liabilities and Equity
Trade and other payables 1,
Accrued expenses 2,
Unearned revenue 3
17  cards
The Accounting Worksheet (specific practice)
Paying tax owed from previous fin...,
Prepaid rent being used up within...,
Rent payment 3
20  cards
FORMULAS
Accounting equation 1,
Expanded accounting equation 2,
Net profit 3
52  cards
Lecture 5: Statement of Profit and Loss, Statement of Comprehensive Income and Statement of Changes in Equity
Income 1,
Revenues 2,
Expenses 3
13  cards
Lecture 6: Statement of Cash Flows
Cash definition 1,
Statement of cash flows 2,
Importance of cash flow knowledge 3
6  cards
Lecture 7/8: Financial Statement Analysis
Absolute change 1,
Relative change 2,
Horizontal analysis 3
30  cards
Lecture 9: Budgeting
Budgeting 1,
Strategic planing 2,
Budgeting process 3
9  cards
Lecture 10: Cost Volume Profit Analysis
Cost volume profit analysis 1,
Relevant range 2,
Fixed costs 3
17  cards
Lecture 11: Sustainability and Accounting
Sustainability 1,
Issue s with sustainability repor...,
Incentives to report their sustai...
4  cards
Lecture 1: The Nature and Purpose of Accounting Regulatory and Conceptual Frameworks COPY
What is accounting 1,
What is management accounting 2,
What is financial accounting 3
29  cards

More about
ARA

  • Class purpose General learning

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