This class was created by Brainscape user Jamie Perritt. Visit their profile to learn more about the creator.
By:
Jamie Perritt
- decks
- flashcards
- learners
Decks in this class (12)
Week 14 - The Double-entry system, Trial balance, Accruals and Prepayments
Principal users of financial info...,
4 statements,
Income statement format
8
cards
Week 15 - Property, plant and equipment Cost of Sales Extended Trial Balance
Property plant and equipment formula,
Where is depreciation charged 2,
3 different depreciation methods
5
cards
Week 16 - Trade Recievables, Trade Payables & Bad/Doubtful Debts
Prudence definition,
What happens if it is evident a b...,
Provision for doubtful debts
5
cards
Week 17 - Inventory Valuation, SoCF
Inventory definition and where it...,
2 ways of valuing inventory,
2 ways of valuing cost of inventory
6
cards
The 3 Statements Overview
Statement of cash flows
1
cards
Week 18 - Control Accounts, Partnership
Partnership definition,
Partnership characteristics3,
Partners salaries2
4
cards
Week 19 - Incorporation (Acquisitions) & VAT
Goodwill def how to calculate it,
What happens when purchase consid...,
Accounting for vat
5
cards
Week 20 - Absorption Costing IMPORTANT
Total absorption costing,
How does absorption costing assis...,
How to absorb costs into a produc...
9
cards
Week 20 - Absorption Marginal Costing
Marginal costing,
How marginal costing changes inco...,
Pros of absorption costing vs mar...
4
cards
Week 21 - Decision Making Under Constraints
Best method to use when under cap...,
4 steps in key factor analysis pr...,
Additional factors to consider in...
7
cards
Week 23 - Working Capital Management
Cash operating cycle,
3 ratios to determine cash operat...
2
cards
IMPORTANT
Inventory valuation questions and...,
Statement of cash flows two metho...,
What is the opposite double entry...
18
cards
More about
FAF2
- Class purpose General learning
Learn faster with Brainscape on your web, iPhone, or Android device. Study Jamie Perritt's FAF2 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....
