This class was created by Brainscape user Frank Botello.

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Decks in this class (19)

Financial Reporting
Gains from a sold asset are repor...,
In a single step income statement...,
Is advertising part of selling ex...
99  cards
F1 Financial Reporting M1
M1
8  cards
F1 - M2 -EPS and Public Company Reporting Topics
When a company sells equipment at...,
How are stock dividends treated w...,
Form 8 k 3
5  cards
F1 M3 - Stockholders' Equity: Part 1
How do you calculate book value p...,
Je for issuing common stock par v...,
Je for purchasing treasury stock ...
4  cards
F2 - M1 - Revenue Recognition Introduction
How should rawl co recognize reve...,
Year 1 construction project with ...,
How do you calculate gross profit...
13  cards
F2 - M2 - Accounting Changes and Error Corrections
Change in accounting estimate eg ...,
What is the required treatment un...,
How is the effect of a change in ...
6  cards
F2 - M3 - Adjusting Journal Entries
How is prepaid insurance adjusted...,
What causes a decrease in deferre...,
How do you calculate accrued sala...
3  cards
F2 - M4 - Notes to Financial Statements
What should be disclosed in a sum...,
What is the disclosure requiremen...,
What should be disclosed in the f...
7  cards
F2 - M5 - Subsequent Events
How should a company report a lit...,
What is the accounting treatment ...,
Blank 3
3  cards
F2 - M6 - Fair Value Measurements
What is the fair value measuremen...,
What factors must be considered w...,
What is the best way to measure t...
8  cards
F2 - M7 - Special Purpose Frameworks
How do you convert cash basis rev...,
What is required in ocboa financi...,
What disclosure is required in oc...
14  cards
F2 - M8 - Ratio and Variance Analysis
Inventory turnover 1,
Debt to equity ratio 2,
To evaluate how much net profit a...
15  cards
F1 M4 - Stockholders' Equity: Part 2
What reduces stockholders equity ...,
What is the cost method for treas...,
What is the effect of declaring a...
3  cards
F3 - M2 - Trade Receivables
What is factoring receivables wit...,
What account is adjusted for expe...,
How to calculate net sales revenu...
5  cards
F3 - M3 - Inventory
Should a company include the in t...,
Fifo first in first out advantages 2,
Lifo last in first out advantages 3
4  cards
F3 - M4 - PP&E: Cost Basis
Which costs are capitalized as la...,
When should you capitalize paving...,
When should building modification...
4  cards
F3 - M5 - PP&E: Depreciation, Disposal, and Impairment
Blank 1
1  cards
Reddit Flash FAR Cards
Wacso weighted average common sha...,
Diluted eps 2,
Basic eps 3
46  cards
F5 - M1 - Financial Instruments
Entities should report marketable...
1  cards

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FAR CPA

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