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Tina Huynh
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Decks in this class (33)
Business Combination & Consolidation
What is a current year period exp...,
Recognition of goodwill,
Amount reported for retained earn...
12
cards
NPO
The net asset section of the stat...,
Functional expense categories for...,
Program services
11
cards
Governmental
Three standard sections of a gove...,
Enterprise fund,
Imposed non exchange revenues
37
cards
Partnership
How are capital accounts measured,
Bonus method
2
cards
Inflation
Constant dollars,
Nominal dollars,
Cost of goods sold on a current c...
10
cards
Financial Statement Analysis
Debt to equity ratio,
Current ratio,
Accounts receivable turnover
27
cards
Statement of Cash Flows
Primary purpose of a statement of...,
Common stock purchase is categori...,
Dividend received is categorized in
40
cards
Long-Term Construction-Type and Production-Type Contracts
Percentage of completion method i...,
Completed contract method,
Progress billings
3
cards
Recognizing Revenue When Collectibility of Receivables is Uncertain
Deferred gross profit,
Realized gross profit,
Installment method of accounting
3
cards
Segment Reporting
Business segment is classified as...,
Disclosure of segment information...,
What counts as revenue
6
cards
Interim Financial Reporting
Interim financial reports are des...,
Interim financial statements are ...,
Requirements regarding interim fi...
5
cards
Defered Taxes
Deferred income tax expense,
Equity in earnings,
Deferred tax asset
18
cards
Accounting Changes & Error Corrections
Change from cash basis to accrual...,
Whenever it is impossible to dete...,
A change in reporting entity is r...
5
cards
Reporting the Results of Operations & IFRS Financial Statements
Earliest point at which envoy sho...,
General and administrative expenses,
Selling expenses
22
cards
Earnings per Share
How are stock dividends treated,
Basic eps,
Preferred stock is not convertibl...
4
cards
Stockholders' Equity
Book value per share,
Date of grant,
When dividend declared is more th...
27
cards
Pensions & Postemployment Benefits
Component of the changes in the n...,
Employers obligation for postreti...,
The following disclosures are req...
20
cards
Liabilities
Interest expense on self construc...,
Ifrs vs gaap how to reclassify a ...,
Refinance st loan to lt loan
22
cards
Leases
If the present value of the minim...,
Entering into the lease,
Making first lease payment
12
cards
Bonds
Market price of a bond is equal to,
Bonds at premium,
When the value of a bond goes fro...
17
cards
Receivable
Direct write off method,
2 15 net 30 mean,
Record bad debt
6
cards
Receivables
Factoring,
Sale with or without recourse,
When a loan receivable is impaired
4
cards
Intangibles
Organization costs,
Franchise agreement revenue is re...,
Under the revaluation model allow...
21
cards
PP&E
Avoidable interest,
Depreciation under ifrs,
Interest that can be capitalized
12
cards
Inventory
Periodic inventory system,
Perpetual,
Retail method
20
cards
Foreign Operations
Required exchange rate,
Translation,
Remeasurement
14
cards
Financial Instruments & Derivatives
Fair value hedge,
Gains or losses on cash flow hedg...,
Derivative financial instrument i...
7
cards
Adjusted Cost Method & Equity Method
Under the equity method,
When changing from the cost to th...,
Fair value option
7
cards
Investments in Debt & Equity Securities
Held to maturity,
Avail for sale,
Trading securities
20
cards
Revenue Recognition
Errors made by the bank,
The formula for a bank reconcilia...,
The core revenue recognition prin...
9
cards
Conceptual Framework & IFRS
Constraint of financial reporting...,
Oci reported inaoci reported in,
Monetary unit assumption
24
cards
NINJA
Non temporary permanent incline d...,
When fair value option is elected...,
Reclassify afs to htmhow to calcu...
224
cards
FARR
Transfer debt sec from trading to...,
Not for profit fs,
Disclosure of credit risk
83
cards
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FAR
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