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

Decks in this class (16)

Financial Concepts
What should be disclosed in the s...,
When does the subsequent event pe...,
How do you account for a deprecia...
30  cards
FAR - Cash and Notes Receivable
When a non interest bearing note ...,
What is considered cash and cash ...,
What should be reported as cash a...
3  cards
FAR - Intangibles, Goodwill, and Impairment
What is the definition of goodwil...,
R d costs are to be expensed when...,
Can software costs be capitalized
14  cards
FAR - Financial Instruments and Equity Method
What assets and liabilities are e...,
What is the impact of rising inte...,
If an afs investment experiences ...
23  cards
FAR - EPS
When calculating the weighted ave...,
Where does eps need to be shown i...,
How to calculate convertible debt...
4  cards
FAR - Consolidations
When would consolidated financial...,
What liabilities would not be a vie,
If greg inc acquires 100 of leigh...
17  cards
FAR - Revenue
When should the transaction price...,
Is the sales tax included in the ...,
If the repurchase price is greate...
4  cards
FAR - Liabilities
How can property taxes be accrued,
What are the conditions to record...,
What are examples of exit or disp...
28  cards
FAR - Leases, Derivatives, Foreign Currency Accounting, Income Taxes
How to calculate the deferred inc...,
How does the lessee account for l...,
What are the 5 criteria to determ...
48  cards
FAR - NFP
How should a nfp report the relat...,
What are the required financial s...,
Where should the proceeds from th...
22  cards
FAR - Governmental Accounting Part 1
What are the three objectives of ...,
What are the three major categori...,
What accounting basis to the 3 ma...
17  cards
FAR - Ratios
What is the quick ratio,
What is the formula for ar turnover,
What is the formula for days sale...
18  cards
FAR - Inventory, PPE, and Non-monetary exchange
A perpetual inventory system woul...,
When prices are rising what impac...,
What is a periodic inventory syst...
22  cards
FAR - Equity, Pensions, & Cashflows
How is treasury stock recorded un...,
What would be an impact on the ca...,
Where is amortization of a bond d...
42  cards
FAR - Governmental Accounting Part 2
What is the component test for a ...,
What should be included in the in...,
What is the required presentation...
20  cards
FAR - Government Accounting Part 3
For the statement of activities i...,
For the statement of net position...,
In the statement of activities fo...
12  cards

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CPA - FAR

  • Class purpose General learning

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