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

Decks in this class (17)

Module 1
Avoidable interest,
Avoidable interest calculations,
Value of asset replacement is not...
81  cards
Government
3 fund categories,
Government 5 fundsgraspp,
Government funds traits
21  cards
Non-profit
Statement of activities main purpose,
Functional expenses divides expen...,
Financial reporting objective
16  cards
Bonds
Indenture agreement contains,
Sinking fund,
Market rate
21  cards
A/R
Accounts receivable,
Sales discounts what to record at...,
If the buyer takes the discount w...
22  cards
Inventory
Periodic and perpetual inventory,
Periodic inventory debit what,
End of period periodic counting y...
36  cards
Business combinations
3 types of combinations,
Legal merger,
Legal consolidation
12  cards
Revenue Recognition
5 steps to revenue recognition,
Contract approval can be,
Construction in progressprogress ...
6  cards
Stocks
Stocks common stock,
Issuedauthorizedoutstanding,
Treasury stock
16  cards
Relevant Dates - Facts
1934 sec,
1939 1959 capcommittee on account...,
1959 1973 apb accounting principl...
13  cards
SFAC Guidelines
Sfac 8,
Sfac 4,
Sfac 5
4  cards
Misc
Formula percentage increase,
Calculating weighted average,
Calculating cost of goods sold
5  cards
Module 2
Subsequent event evaluationsec fi...,
Fair value,
Fair value hierarchy
41  cards
Ratios
Ratios liquidity,
Ratio working capitala measure of...,
Ratio analysis allows for compari...
31  cards
M3
Cash equivalents mature in,
A r is presented on the balance s...,
Sakes and related receivables can...
38  cards
M4
3 classifications of debt securities,
Reporting securities,
Equity securities
5  cards
M5
Current liability termcurrent ass...,
Expenses incurred that have not b...,
Liabilities
30  cards

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FAR

  • Class purpose General learning

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