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Kiara Bianchi
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Decks in this class (91)
1 Conceptual Framework
Name the 4 enhancing qualitative ...,
What are the 4 accounting assumpt...,
Who do the objectives of financia...
42
cards
1 Fair Value Framework
Fv orderly transaction characteri...,
What is fair value 2,
Do transaction and transportation...
21
cards
1 IFRS
Where is the first place manageme...,
What is the objective of the ifrs...,
What are the criteria for recogni...
78
cards
1.x General Purpose Financial Statements
What types of information can you...,
What is a measurement base 2,
Current ratio 3
102
cards
1.x Statement of Cash Flows
What cash flows are related to th...,
What cash flows involve the acqui...,
What cash flows result from trans...
34
cards
Statement of Cash Flows
What items are included in operat...,
What items are included in invest...,
What items are included in financ...
5
cards
1. Earnings Per Share
How is book value per share of co...,
How is basic earnings per share e...,
For eps purposes which date is us...
12
cards
Earnings per Share
What eps figures are disclosed 1,
What is basic eps 2,
What is diluted eps 3
3
cards
3.x Revenue Recognition
What is revenue 1,
What are the 3 criteria for reven...,
What is the installment sale basis 3
28
cards
1.x Financial Statement Analysis
How do you calculate working capi...,
How do you calculate the current ...,
How do you calculate the quick ra...
42
cards
Financial Statement Analysis
How do you calculate working capi...,
How do you calculate the current ...,
How do you calculate the quick ra...
42
cards
Consolidations Cost v Equity
What is the cost method 1,
What is the equity method 2,
What are consolidations 3
29
cards
1.x Consolidations
When is the fair value method use...,
When is the equity method used wh...,
When are companies required to fi...
7
cards
Consolidated Financial Statments
Why do we create consolidated fin...,
What are the exceptions to prepar...,
How can a parent carry an investm...
33
cards
Business Combinations
What is a business combination 1,
What is control 2,
What are the three legal forms of...
45
cards
Combined Financial Statements
What is a combined financial stat...,
When is a combined financial stat...,
What is the difference between a ...
3
cards
US Securities and Exchange Commission
Who has the legal authority to pr...,
What is the mission of the sec 2,
In order to be a foreign private ...
24
cards
Segment Reporting
With regard to segment reporting ...,
What is the threshold for reporti...,
What are some areas that segments...
18
cards
1.x Interim Financial Reporting
What report are publicly traded c...,
Is gaap used for quarterly and in...,
For interim financial statements ...
18
cards
Special Purpose Frameworks
Explain cash basis 1,
Explain the modified cash basis 2,
Explain the income tax basis of f...
22
cards
International Accounting Standards Board
What are the objects of the ifrs ...,
Which groups does the ifrs founda...,
What does iasb do 3
17
cards
Accounting Changes COPY COPY
What are the four types of accoun...,
What does retrospective mean 2,
What does prospective mean 3
23
cards
Reporting the Results of Operations & IFRS Financial Statements
What distinguishes non operating ...,
What is required for a component ...,
Are discontinued operations displ...
32
cards
1.x Accounting Changes
How are changes in accounting pri...,
Would a change from completed con...,
Would a change from lifo to fifo ...
10
cards
1.x Accounting Changes and Error Correction
Name the three types of accountin...,
What is meant by retrospective tr...,
Define prospective treatment 3
32
cards
2 Cash + Cash Equiv, Bank Reconciliation
What is a current asset 1,
What is a current liability 2,
What is a cash equivalent 3
16
cards
2 Receivables
Are amounts due from officers emp...,
Why is the direct write off metho...,
What method for calculating bad d...
63
cards
2.x Inventory
How is inventory valued 1,
Are sales commissions an inventor...,
When does ownership of goods tran...
58
cards
Inventory
Which costs are inventoriable 1,
When does ownership of goods tran...,
When does ownership transfer when...
23
cards
Receivables & inventory
What is the recoverable amount 1,
What is a cash generating unit 2,
What is a periodic inventory syst...
33
cards
Inventory COPY COPY
Define inventory 1,
Is inventory a current or noncurr...,
What items are included in invent...
27
cards
2.x Marketable Securities
What are trading securities 1,
What are available for sale secur...,
What are held to maturity securit...
39
cards
Financial Instruments
What items are included under fin...,
How does ifrs define financial as...,
What is accounting mismatch 3
64
cards
1.x Investments
How are available for sale securi...,
How are available for sale securi...,
How are unrealized g l for availa...
7
cards
Investments COPY COPY
What is an equity security 1,
What is a debt security 2,
What is recognition 3
42
cards
2.x Property, Plant & Equipment
What costs might be included in t...,
At what value are fixed assets in...,
Do we depreciate land 3
68
cards
Property, Plant & Equipment
What costs might be included in t...,
At what value are fixed assets in...,
Do we depreciate land 3
68
cards
Property, Plant and Equipment
What are the requirements for an ...,
There are 4 categories for plant ...,
What items are included in plant ...
50
cards
Fixed Assets
How are research and development ...,
Which expenditures are included i...,
Which expenditures are included i...
15
cards
2.x Intangibles
How are research and development ...,
The legal protection of product a...,
How are legal fees to defend a pa...
34
cards
Intangible Assets
What is an intangible asset 1,
Where do intangible assets come f...,
What is the accounting treatment ...
25
cards
2.x Liabilities
What are financial liabilities 1,
What is a current liability 2,
What value are current liabilitie...
56
cards
Payables
What is a liability 1,
What are the 3 key elements to li...,
What are the 2 ways to classify a...
10
cards
Contingencies
What is a contingency 1,
What are the 3 catagories for the...,
What do you do for a loss conting...
15
cards
long term debt
What is the definition of a short...,
What is the definition of a long ...,
How do you treat a simple interes...
59
cards
2.x Bonds and Present Value Tables
What is a bond 1,
What is a borrowing agreement in ...,
What is a term bond 3
80
cards
Bonds and Present Value Tables
What is a bond 1,
What is a borrowing agreement in ...,
What is a term bond 3
80
cards
Liabilities
What are financial liabilities 1,
What is a current liability 2,
What value are current liabilitie...
56
cards
far_-_cpa_excel_copy_20190610234509
On october 1 2004 fleur retailers...,
On september 1 2003 brak co borro...,
On october 1 2005 fleur retailers...
500
cards
cpa_-_far_copy_20190610235057
Which one of the following is not...,
Under normal circumstances what m...,
For business combinations which o...
500
cards
Accounting For Income Taxes (Deferred Taxes)
Are fees and fines incurred durin...,
Are warranty expenses deductible ...,
Is municipal bond interest deduct...
41
cards
Asset Retirement
What is an asset retirement oblig...,
How do you measure an asset retir...,
How do you account for an aro 3
4
cards
Bonds Debt Restructure
What is a serial bond 1,
What is a term bond 2,
What is a debenture bond 3
23
cards
Costs and Expenses
What is a cost 1,
What is an expense 2,
What is a deferral 3
13
cards
Deferred Compensation
What is a defined contribution pe...,
How do you account for a defined ...,
What is a defined benefit pension...
32
cards
Deferred Revenue
What is a deferred revenue 1,
How are deferred revenues account...,
Short cut to solve for revenue ea...
6
cards
Deferred Taxes
What is a temporary difference re...,
What is a deferred tax asset 2,
What is a deferred tax liability 3
8
cards
Derivatives Hedging Translation
How are derivatives recorded 1,
How are unrealized gains losses o...,
How are gains and losses on avail...
12
cards
Financial Instruments & Derivatives
What is a financial instrument 1,
What are the three main reasons w...,
Are derivatives assets or liabili...
30
cards
Financial Instruments & Derivatives COPY
What is a financial instrument 1,
What are the three main reasons w...,
Are derivatives assets or liabili...
30
cards
Foreign Operations
What is the transactional currency 1,
What is the functional currency 2,
What is the reporting currency 3
29
cards
Governmental Accounting
What are the three major fund cat...,
Which two accounting bases are us...,
What are the types of governmenta...
69
cards
Governmental Accounting COPY
What are the three major types of...,
Which two accounting bases are us...,
What is a budget appropriation 3
29
cards
Governmental Accounting COPY COPY COPY
What are the three major fund cat...,
Which two accounting bases are us...,
What are the types of governmenta...
69
cards
Inflation Accounting
Is accounting for the effects of ...,
What is an asset or liability who...,
What is a monetary item 3
10
cards
Income Taxes
When is income tax expense recogn...,
Does gaap emphasize the matching ...,
What are the main effects of appl...
49
cards
Inflation Accounting COPY
Is accounting for the effects of ...,
What is an asset or liability who...,
What is a monetary item 3
10
cards
Installment Sales & Cost Recovery Method
What is the installment method of...,
How is interest on an installment...,
How does the cost recovery method...
7
cards
Foreign Operations COPY
What is the transactional currency 1,
What is the functional currency 2,
What is the reporting currency 3
29
cards
Leases
Which type of lease agreement sub...,
Which type of lease agreement has...,
Are any special journal entries r...
61
cards
Leases COPY
How is a capital lease recorded 1,
What footnote disclosures are req...,
What are the requirements for a c...
10
cards
Long Term Construction Contracts
What are the two methods for reco...,
What is the formula to recognize ...,
For long term construction contra...
13
cards
Long Term Construction Contracts COPY
What are the two methods for reco...,
What is the formula to recognize ...,
For long term construction contra...
13
cards
NFP Accounting
Which financial statements are re...,
What are the major classification...,
What are the major classification...
21
cards
Non-Profit Accounting
Which financial statements are re...,
What are the major classification...,
What is the measurement focus and...
56
cards
Non-Profit Accounting COPY
Which financial statements are re...,
What are the major classification...,
What is the measurement focus and...
56
cards
Partnership Accounting
How are capital contributions wit...,
If no goodwill is recorded upon a...,
If goodwill is recorded upon admi...
4
cards
Partnerships
What are the two main areas that ...,
At what value should assets contr...,
At what value should liabilities ...
14
cards
Pensions & Postemployment Benefits
What type of pension plan sets as...,
What type of pension plan guarant...,
What are the two special problems...
51
cards
Pensions & Postemployment Benefits COPY
What type of pension plan sets as...,
What type of pension plan guarant...,
What are the two special problems...
51
cards
Personal Financial Statements and Liquidation Basis of Accounting
Are personal financial statements...,
What basis are personal financial...,
Assets are reported at what value...
20
cards
Stock Compensation
What is a stock purchase plan 1,
What is a noncompensatory stock p...,
What are the journal entries for ...
17
cards
Equity
What is owners equity 1,
What are the two main oe categori...,
What is par 3
64
cards
Stockholders' Equity
What is meant by par value of sto...,
How might stock subscriptions be ...,
When is apic recorded on a stock ...
61
cards
Stockholders Equity
When common stock and preferred s...,
When is apic recorded on a stock ...,
To what extent is retained earnin...
25
cards
Stockholders' Equity COPY
What is meant by par value of sto...,
How might stock subscriptions be ...,
When is apic recorded on a stock ...
61
cards
1.1 Basic Concepts and Framework COPY
Who authorized the financial acco...,
A financial reporting framework f...,
What are the two general purpose ...
57
cards
1.1 Financial Accounting Standards COPY
Define recognition 1,
What was the wheat committee resp...,
What steps does fasb take to issu...
68
cards
1.x Financial Reporting COPY
What is the primary objective of ...,
What is the most authoritative se...,
What are the 2 levels of authorit...
49
cards
2 Inventory
Inventory costs included not incl...,
Inventory je purchases cogs perio...,
Net purchases calculation 3
19
cards
2 Cash + Cash Equiv, Bank Reconciliation COPY
What is a current asset 1,
What is a current liability 2,
What is a cash equivalent 3
16
cards
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