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By:
Courtney Bond
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Decks in this class (55)
Ratio
Accounts receivable turnover,
Accounts receivable turnover in days,
Times preferred dividend earned r...
16
cards
Cash & Cash Equivalents
Bank reconciliations
1
cards
Lease Modificatioons
Two conditions that must be met s...
1
cards
Partnerships
Steps in liquidation of partnership
1
cards
Asset Retirement Obligation
Recognizing period to period chan...
1
cards
Inventory Errors
Overstatement of ending inventory,
Understatement of ending inventory,
Overstatement of purchases
6
cards
Segment Reporting
Segment must only meet one test t...,
Asset test,
Revenue test
4
cards
Held-to-maturiy Investments
Equity method accounting for inve...
1
cards
Notes Receivable
Discounting a notes receivable
1
cards
Installment Sales
How does this work
1
cards
Earning Per Share
Make cards for dilutive eps esp,
Calculating cogs when short term ...
2
cards
Hedges
Fair value hedge,
Cash flow hedge,
Disclosure requirements for fv he...
4
cards
Bonds - Retirment
Bond retirement journal entry
1
cards
Revenue Recognition
Approaches to estimate price if s...
1
cards
Interest Expense
Interest expense calculation
1
cards
Foreign Currency Translations
Which exchange rate is used for c...
1
cards
Stock Dividends
Small stock dividends less than 2...
1
cards
Treasury Stock
Cost method of accounting for tre...,
Par method for accounting for tre...
2
cards
Bonds - Interest
Calculating interest payable for ...,
Calculating interest expense for ...
2
cards
Error Correction
Prior period adjustments get reco...
1
cards
Sale And Leasebacks
Asc 842 40 55 24
1
cards
Not For Profits
Joint costs,
Basic financial statements for nfps
2
cards
Capitalized I Terest
Make a card
1
cards
Impairment Loss
When to recognize impairment loss,
Impairment testing for intangible...
2
cards
Shareholder's Equity
Shareholder s equity includes
1
cards
Sales Type Leases
Recognizing gross profit for sale...
1
cards
Accountin Frameworks
Cash basis,
Tax basis,
Regulatory basis
5
cards
Governmental Type Funds
Measurement focus
1
cards
Finance Leases
Executors costs in finance leases,
Finance lease for lesser sales ty...,
Types of finance leases from pers...
3
cards
FASB
Operating procedure for issuing n...
1
cards
Derivatives
Options contract,
Option valuation,
Value of an option
6
cards
Accounting Principals
0
cards
Interim Reporting
Independent discrete interim period,
Dependent integral interim period,
Inventory valuation for interim p...
3
cards
Stocks
Intrinsic value,
Put option
2
cards
SFAC
Sfac 4,
Sfac 6 capital maintenance concept,
Sfac 6 financial capital concept
6
cards
Governmental Accounting
Placement of narrative explanatio...,
Where should discretely presented...,
When should enterprise funds be e...
3
cards
Foreign Currency Transactions
Exchange rate used for assets and...,
Exchange rate used for revenues e...,
Forward contracts which rates to ...
4
cards
Pensions
Pension benefit obligation,
Accumulated pension obligation,
Calculating net periodic pension ...
4
cards
Business Consolidations
Elimination of acquired entitys s...,
Statutory merger,
Statutory consolidation
7
cards
Deferred Taxes
More likely than not criterion,
More likely than not criterion,
Deferred tax asset
6
cards
Journal Entries
0
cards
IFRS vs GAAP
Impracticality of retrospective a...,
Statement of cash flows,
Statement of changes in equity
6
cards
Leases
Recording depreciation,
How to charge rental expense when...,
Lease depreciation
4
cards
Fair Value Election
What items are eligible for the f...
1
cards
Balance Sheet
Right to offset
1
cards
SEC Forms
Regulation s k,
Regulation s x
2
cards
Inventory Valuation
Retail method,
Dollar value lifo,
Lower of cost and net realizable ...
12
cards
Fair Value Measurement
Current cost constant dollar acco...
1
cards
Depreciation
Double declining balance,
Composite depreciation and sale o...
2
cards
Financial Reporting
Significant accounting policies,
What are the 4 comprehensive base...
2
cards
Statement of Cash Flows
Operating income additions deduct...,
Cash inflows from operating activ...,
Cash outflows from operating acti...
9
cards
Accrued vs Cash Accounting
When cash accounting understates ...,
To convert cash to accrual example
2
cards
Taxes
Effective tax rate,
Total income tax expense report e...
2
cards
Calculations
To calculate a bonus of 25 on sal...,
Cost of goods sold,
Average current cost of cogs
3
cards
Stock Compensation - Journal Entries
To record compensation cost over ...,
To record exercise of stock options
2
cards
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CPA FAR
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