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Decks in this class (21)
FAR 1 : General-Purpose Financial Reporting: For-Profit Business Entities
What assets can be converted into...,
What are assets called that can t...,
What are obligations due within a...
86
cards
FAR 2 : Nongovernmental - not for profit entities
What is the purpose of a statemen...,
What are net assets without donor...,
What is the purpose of a statemen...
10
cards
FAR 5 Current Ratio
What is the current ratio 1,
Whats the average days sales in i...,
What is the dividend payout formu...
16
cards
FAR 3 STATE AND LOCAL GOV
What funds of the governmental un...,
What is the orientation of accoun...,
What governmental fund uses the c...
4
cards
FAR 9 INVENTORY
What is the weighted average cost...,
What is the new moving average un...,
How do you find ending inventory ...
13
cards
FAR 10 PPE
The __________ of an asset is the...,
These costs are apart of what kin...,
When does interest cost stop bein...
11
cards
FAR 7 CASH
True or false you don t include p...,
How do you handle a check that is...
2
cards
FAR 11 - Investments
Where do you report unrealized ga...,
What happens to afs unrealized ga...,
Where are afs gains losses report...
16
cards
FAR 12 - Intangible assets
How are intangible assets with fi...,
How are cloud computing arrangeme...,
Can you capitalize customized sof...
5
cards
FAR 8 - Trade receivables
Do you find the bank s discount w...,
How do you find the cash collecte...,
When dealing with loans what do y...
3
cards
FAR 13 - Payroll
Is deferred income tax liability ...,
When you accrue vacation does the...,
Which rights are not contingent o...
5
cards
FAR 14 - debt
The face value x the stated rate ...,
Where is a bond reported when its...,
Term or serial bonds with a singl...
16
cards
FAR 4 - Public company reporting
Which one is audited 1,
Which one is a condensed financia...,
The following information pertain...
4
cards
FAR 15 - EQUITY
How is an asset valued when a par...,
How is a non asset subject to a l...,
Are retained earnings decreased w...
7
cards
FAR 16 - Accounting Changes
Do you use the retrospective appr...,
Is salvage value ignored when you...,
What account is debited when you ...
11
cards
FAR 17 - Revenue
What is deferred revenue consider...,
When is revenue recognized under ...,
True or false progress billings t...
3
cards
FAR 19 INCOME TAXES
These are the examples of dta s o...,
True or false the effective tax r...,
Is changing your inventory method...
4
cards
FAR 20 - FAIR VALUE
Under the fair value hierarchy wh...,
Which fair value measure techniqu...,
Which fair value measure techniqu...
4
cards
FAR 21 - Lessee accounting
In an operating lease when can re...,
How do you handle a nonrefundable...,
When dealing with finance leases ...
8
cards
Recap
When using the gross margin metho...,
What market do you use if your tr...,
When using the average pricing me...
60
cards
Recap v2
How do you calculate the cost of ...,
What is the basic eps formula 2,
When calculating eps what is the ...
4
cards
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CPA FAR
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