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Hannah Rumsey
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Decks in this class (41)
F1M1
Sec,
Fasb codification,
Pcc
31
cards
F1M2
Uses of income statement,
Gross concept,
Net concept
18
cards
F1M3
Revenue recognition occurs when,
Five step approach to recognizing...,
Criteria for revenue recognition
14
cards
F1M4
Incremental costs,
Incremental costs are recognized as,
Costs that are capitalized in a c...
32
cards
F1M5
Discontinued operations are reported,
3 items that are reported in disc...,
Discontinued operations reported ...
12
cards
F1M6
Change in accounting estimate,
What kind of change is a change i...,
What does a change in accounting ...
15
cards
F1M7
Other comprehensive income formula,
Net income contains the following...,
Comprehensive income definition
18
cards
F1M8
Deferred revenues,
Deferred expenses,
Accrued revenue
6
cards
F2M1
Where is the summary of significa...,
What is the first note in the fin...,
What is the nature of operations ...
11
cards
F2M2
Subsequent event,
Two categories of subsequent events,
Recognized subsequent event
9
cards
F2M3
Us gaap has ____ the definition o...,
What are the exception to standar...,
Fair value
18
cards
F2M4
Objective of segment reporting,
Required disclosures of segement ...,
Accoutning principles segement re...
16
cards
F2M5
Securities offering registration ...,
Form 10k,
Filing deadlines form 10k
30
cards
F2M7
Ratios are financial indicators t...,
Horizontal analysis,
Vertical analysis
41
cards
F2M8
Purchase or sale of existing part...,
Formation of a partnership,
Exact method partnerships
10
cards
F3M1
Cash,
Cash equivalents,
Items that are included in cash
12
cards
F3M2
Accounts receivable are ___ promi...,
How can accounts receivable be no...,
Sales discount speed method can e...
31
cards
F3M4
0
cards
F3M3
Inventories must be,
Retail inventory,
Raw materials
35
cards
F3M6
How do you know when to depreciat...,
Component depreciation,
Composite group depreciation
17
cards
F3M5
How to know when a transaction ha...,
In monetary transaction how do yo...,
In a monetary transaction how do ...
8
cards
F3M7
Intangible assets,
Specifically identifiable intangi...,
Not specifically identifiable int...
20
cards
F4M1
Financial instruments include,
Contract with favorable terms ass...,
Contract with unfavorable terms a...
26
cards
F4M2
When do you use the equity method,
When do you know if you have sign...,
Je to record investment equity me...
13
cards
F4M3
How do you know when to consolidate,
Consolidated subsidiaries at what...,
Noncontrolling interest
7
cards
F4M4
Attributes of acquisition method,
Je for acquisition of parent comm...,
How much is stock caluclated for ...
22
cards
F4M5
When do you use nci,
Where is nci reported,
Acquisition computation of nci
12
cards
F4M6
Intercompany transactions,
Balance sheet intercompany transa...,
Eliminating entries are done for ...
8
cards
F4M8
Goodwill,
Maintaining goodwill,
Goodwill impairment
8
cards
F5M1
Liabilities,
Liabilities are either classified as,
Identify and describe the two typ...
34
cards
F5M2
Contingency,
Gain contingency example and trea...,
Do gain contingencies have je
11
cards
F4MM3
When to use present value of 1,
When to use present value of ordi...,
When to use present value of annu...
20
cards
F5M4
Bond indenture,
Face par value,
Bonds that are stated at ____ is ...
35
cards
F5M5
Amortization of bond,
When does amortization of premium...,
Straight line method of amortizat...
12
cards
F5M6
Why do creditors allow debtors to...,
What must happen when debtors tra...,
When a debtor is transferring ass...
8
cards
F6M1
Lease,
To be a lease what criteria must ...,
To combine a contract what requir...
33
cards
F6M3
Derivative instrument,
Underlying,
Strike price
30
cards
F6M4
Foreign currency transaction,
Foreign currency translation,
Direct method
16
cards
F7M1
Stockholder s equity,
Legal capital,
Earned capital
30
cards
F7M2
Nonemployee stock issued below par,
Stock subscriptions,
Sale of subscription
18
cards
F7M3
What are the two types of employe...,
Non compensatory stock options,
Requirements for non compensatory...
15
cards
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FAR
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