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S.L. Bland
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Decks in this class (23)
1.1 Standards Setting for Financial Accounting
What is the nature of financial a...,
What is the primary method of com...,
Identify the 4 designated bodies ...
30
cards
1.2 The Objective of General Purpose Financial Reporting
What are statements of financial ...,
Are sfacs authoritative or includ...,
Why do we create or put out finan...
18
cards
1.3 Objectives of Financial Reporting by Nongovernmnental Not-for-Profit Entities
Who are the stakeholders of nfps,
What type of information do stake...,
How are the operating environment...
9
cards
1.4 Objectives of Financial Reporting by State & Local Governments
Identify the 8 characteristics of...,
Identify 2 inherent control chara...,
Identify the users of financial r...
18
cards
1.5 Assumptions, Principles & Constraints of Financial Accounting
Identify the 4 assumptions of fin...,
Define economic entity assumption,
Are the legal entity and the econ...
16
cards
1.6 Qualitative Characteristics of Useful Financial Information
Identify the 2 fundamental qualit...,
Define relevancehint relevance pr...,
When is information considered to...
21
cards
1.7 Elements of Financial Statements
What are elements of financial st...,
What are financial statements,
How is additional information pro...
68
cards
1.8 Recognition and Measurement Concepts
Define recognition,
What is the recognition criteria ...,
Identify the 4 fundamental recogn...
29
cards
1.9 Cash Flow Information and Present Value
Identify the 3 reasons the concep...,
What is the objective of cash flo...,
Identify the 5 elements of a pres...
11
cards
1.10 SEC Reporting
What is the sec created by,
What is the purpose of the sec,
What is the basic purpose of the ...
42
cards
2.1 Balance Sheet (Statement of Financial Position)
What does the balance sheet help ...,
The left side of the balance shee...,
How are assets generally reported...
32
cards
2.2 Statement of Income
Nature of the income statement wh...,
Nature of the income statement ca...,
Nature of the income statement ho...
25
cards
2.3 Comprehensive Income
Define comprehensive income,
Identify the components included ...,
Identify the items included in oc...
13
cards
2.4 Statement of Changes in Equity
What disclosures do the statement...,
Identify the equity accounts list...,
Statement of retained earnings wh...
6
cards
2.5 Other Financial Statement Presentations
Consolidated and combined financi...,
Consolidated and combined financi...,
Consolidated and combined financi...
14
cards
3.1 Discontinued Operations
Identify the criteria that must b...,
Provide 4 examples of a disposal ...,
Define a component of an entity
13
cards
3.2 Accounting Changes and Error Corrections
Accounting changes overview ident...,
Accounting changes overview what ...,
Accounting changes overview when ...
28
cards
3.3 Earnings per Share (EPS)
Overview define earnings per shar...,
Overview what type s of stock is ...,
Basic earnings per share beps how...
12
cards
3.4 Revenue from Contracts with Customers
0
cards
3.5 Recognition of Revenue Over Time
0
cards
SU # 4: Financial Statement Disclosure
42 segment reportingoverview what...,
42 segment reportingoverview iden...,
42 segment reportingoverview iden...
19
cards
SU # 5: Cash and Investments
54 equity method applying the em ...,
51 cash what are cash equivalents,
51 cash readily available what sh...
12
cards
SU #7: Inventories
71 inventory fundamentalsdefiniti...,
71 inventory fundamentalssources ...,
71 inventory fundamentalssources ...
9
cards
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FAR
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