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

Decks in this class (11)

Balance Sheet, Income Statement & Comprehensive Income
What is the formula for comprehen...,
What is included in other compreh...,
Description of what is comprehens...
11  cards
Revenue Recognition
Percentage of completion ratio 1,
At what point can you recognize r...,
How should collections received f...
12  cards
Stockholder's Equity
Cost method for apic treasury sto...,
Legal par method for treasury sto...,
Liquidating dividend formula and ...
9  cards
Ratios
Gross profit margin 1,
Profit margin 2,
Return on sales 3
28  cards
Inventory & Other Assets
How is inventory reported on the ...,
How is net realizable value calcu...,
Lifo periodic ending inventory fo...
16  cards
Leases
What components are included and ...,
What rates should the lessee use ...,
What initial direct costs are inc...
9  cards
Equity Method & Consolidated F/S
What is goodwill formula 1,
When to use the equity formula wh...,
What is the consolidated workpape...
6  cards
Income taxes
What are permanent differences fo...,
What are temporary differences fo...,
What is a deferred tax liability 3
4  cards
Notes to the Financial Statements
Disclosure requirements related t...,
When are identified concentration...
2  cards
Accounting Changes and Estimates
How to account for changes in acc...,
How to account for changes in acc...,
How is a prospective change accou...
7  cards
Bonds & Payables & Accrued Liabilities
How should a change in the value ...,
How and in what period is the cos...,
How and it what period are warran...
15  cards

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FAR

  • Class purpose General learning

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