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

Decks in this class (14)

Sec 1 - Statement of Cash Flows
Statement of Cash Flows
38  cards
Sec 1 - Notes to Financial Statements
Summary of significant accounting...,
Related party transactions,
Noncurrent liability disclosures
8  cards
Sec 1 - Liquidity/Solvency Ratios
Financial statement ratio analysis,
Ratio groupings,
Return on assets roa
12  cards
Sec 1 - Profitability Ratios
Profitability ratios,
Profit margin on sales,
Return on total assets
11  cards
Sec 1 - Operational Ratios
Operational activity ratios,
Accounts receivable turnover,
Number of days sales in average r...
6  cards
Sec 1 - Equity/Investment Leverage Ratios
Equity investment leverage ratios,
Debt to equity ratio,
Owners equity ratio
6  cards
Sec 1 - Cash, Modified Cash & Income Tax
Special purpose framework or othe...,
Cash basis financial statementsca...,
Modified cash basis financial sta...
5  cards
Sec 1 - Personal Financial Statements
Purpose of personal financial sta...,
Types of personal financial state...,
Statement of financial condition ...
8  cards
Sec 1 - Private Company Council (PCC)
Private company council pcc purpose,
Pcc framework,
Public business entity
6  cards
Sec 1 - Liquidation Basis of Accounting
Liquidation,
Principles for recognition and me...,
Disclosures required under liquid...
3  cards
Sec 1 - IASB and Structure
International accounting standard...,
Objectives of the ifrs foundation...,
International organization of sec...
8  cards
Sec 1 - IASB Accounting Standards
Ifrs hierarchy,
Principles based standards,
Ifrs for small and medium sized e...
6  cards
Sec 1 - IASB Framework
Purposes of the iasb framework,
More involved joint convergence p...,
Elements of financial statements
7  cards
Sec 1 - IFRS for SMEs
0  cards

More about
CPA FAR Sec 1

  • Class purpose General learning

Learn faster with Brainscape on your web, iPhone, or Android device. Study Shay Phillips's CPA FAR Sec 1 flashcards now!

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?

000 - FAR #1
  • 32 decks
  • 377 flashcards
  • 1 learners
Decks: Day 1, Day 2, Day 3, And more!
Science Sec 3
  • 22 decks
  • 719 flashcards
  • 24 learners
Decks: Systeme Digestif Et Nutrition, La Technologie, Procreation Assistee, And more!
Becker FAR
  • 72 decks
  • 1250 flashcards
  • 9 learners
Decks: F1 M1 Standards And Conceptual Framework, M1 F2 Income Statement And Balance Sheet, F1 M3 Revenue Recognition Part 1, And more!
French
  • 121 decks
  • 6695 flashcards
  • 1288 learners
Decks: Expressions 3, Vocab 68, Vocab 66, And more!
Make Flashcards