This class was created by Brainscape user Simone Kinsale-Hinds.
By:
Simone Kinsale-Hinds
- decks
- flashcards
- learners
Decks in this class (25)
F1M1: Balance Sheet, Income Statement, Comprehensive Income
How are customer deposits classif...,
Prior service costs are a loss b ...
2
cards
F1 M2: EPS and Public Company Reporting Topics
How are stock dividends treated w...,
How to you calculate amount of sh...
2
cards
F1 M3,M4: Stockholders Equity
How is property measured when com...,
Explain a property dividend trans...,
How are dividend in arrears repor...
21
cards
F2M1: Revenue Recognition
How should a company record reven...
1
cards
F2M2: Accounting Changes and Error Correction
For depreciation calculations cou...
1
cards
F2M8: Financial Ratios
Return on assets net income total...,
Return on equity net income total...,
Days in a r ending a r net sales ...
14
cards
F3M1: Cash and Cash Equivalents
Deposits in transit and outstandi...,
How are checks handled if they ar...,
How are checks handled if they ar...
6
cards
F3M2: Trade Receiveables
Requirements for factoring receiv...,
Discounts applied to note receiva...,
What process involves converting ...
7
cards
F3M3,M4: Inventory and PP&E Cost Basis
How is revenue recognized when pa...,
A corporation entered into a purc...,
Cogs and ending inventory balance...
29
cards
F3M5: Depreciation, Disposal, Impairmemt
How are disposals treated 1,
Journal entry for disposal 2,
Journal entry disposal 3
7
cards
F3M6: Intangibles with Finite Lives
What costs are capitalized for a ...,
Organization costs are an example...,
How are crypto assets classified 3
20
cards
F4M1: Payable and Accrued Liabilities
Accretion expense formula 1,
What are the payroll tax liabilit...,
What is the rule for recording ro...
9
cards
F4M2: Commitments and Contingency
Gain contingency 1,
Loss contingency 2,
Lawsuit journal entry 3
9
cards
F4M3: Long Term Liabilities
How to report a note receivable 1,
What is a non interest bearing no...,
How should a note payable be repo...
7
cards
F4M4/5: Bonds
Market effective rate stated rate 1,
Market effective rate stated rate 2,
Carrying value of bonds for premi...
16
cards
F4M7: Lease Accounting
Leasing amortization schedule for...,
Annuity factor 2,
Ordinary factor 3
22
cards
F4M6: Trouble Debt Restructuring
As interest rate lowers refinance...,
Gain or loss bond extinguishment 2,
Bond retirement journal entry 3
6
cards
F6: Government and NFP
What is a reclassification of net...,
How should finance leases be repo...,
How should nfp contribution reven...
16
cards
F5M1: Fair Value/Investment Method
0
cards
F5M2: Equity Method
Apply investment method according...,
Short and long term debt securiti...,
Journal entry for amortizing over...
8
cards
F5M3: Consolidated Financial Statements
Consolidated statements retained ...,
Example of eliminating subs divid...,
What is the accounting treatment ...
20
cards
F5M5: Cash Flow Statement
How is a loan to an affiliate tre...,
To calculate cash flows from inve...,
How does a company classify issue...
5
cards
F5M6,M7: Income Tax
Reporting income tax expense 1,
Deferred tax expense increase in ...,
Why are future years enacted rate...
37
cards
F6M2: NFP Financial Report Part 2
How are debt refinancing restruct...
1
cards
F6M3: NFP Revenue Recognition
What are type of contributions ar...,
What constitutes a contribution w...,
How are equity portfolios values ...
5
cards
More about
CPA: FAR
- Class purpose General learning
The creator of this class did not yet add a description for what is included in this class.
How studying works.
Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.
Add your own flashcards.
Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!
What's Brainscape anyway?
Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.
We use an adaptive study algorithm that is proven to help you learn faster and remember longer....
Looking for something else?
CPA®
- 22 decks
- 1,938 flashcards
- 3,087 learners
Packs:
CPA (1) AUD, CPA (2) FAR, CPA (3) REG, And more!
