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

Decks in this class (19)

Business combinations -Acquisition accounting
If giving anything other than cas...,
If i purchase a company and my co...,
6 months later the contingent con...
21  cards
consolidated financial statements
Objective and whats control,
Consolidation is only used for wh...,
When to not consolidate
17  cards
derivitaves
What is a derivative,
Underlying and notional amount,
4 types of derivatives
25  cards
accounting changes and error corrections
2 types of accounting changespros...,
Retrospective application applies...,
The adjustment to retained earnin...
5  cards
contingent Lia
Accrue if,
Probable and cannot be estimated,
Possible
13  cards
operating leases
Operating lease,
Capital lease,
If one of these 4 criteria is met...
6  cards
capital leases
Executory costs,
If total lease payments are 1600 ...,
Minimum lease payments are
26  cards
non monetary exchange
Disclosures for related party tra...,
Ifrs differences,
All research and development cost...
17  cards
Earning Per Share
Dilutive eps is almost always ___...,
Basic eps formula,
Diluted eps calculation as if cal...
14  cards
Nonprofit
4 types of npos,
Vhwo,
Other npos
47  cards
Government
Government revenue,
Special rev fund,
Debt service fund
34  cards
impairment types
Notes red impaired loan,
Impairment test for fixed assets,
Impairment for fixed assets held ...
8  cards
nonmonetary exchanges
How to calculate gain,
Put the new asset on your books a...,
Old asset cost 60 ad 25 fv 32cash...
10  cards
cash
What is excluded from cash,
Arbalance sheet approach,
Arincome statement approach
13  cards
notes and bonds
Notes interest expense,
Bonds interest expense,
Book value method shows market va...
6  cards
dividends
Date of recorddeclaration,
Paid div,
Gave property in a dividend thats...
9  cards
taxes
Tax accrual entry,
Use future ____to calculate dta a...,
Pretax acc income
8  cards
foreign currency
Direct quote,
Indirect quote,
If the dollar weakens
13  cards
pensions
Recognition of pscamortization,
Pension gains and lossesamortization,
Record pension expense
6  cards

More about
FAR

  • Class purpose General learning

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