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Financial Accounting Theory

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

By: Aaron L
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Decks in this class (12)

Lecture 1: Objective of Financial Reports
Objectives of financial reports 1,
What is information asymmetry 2,
What is adverse selection 3
19  cards
Lecture 2 - Recognition
Recognition criteria 1,
Why is there a skewness of asset ...,
Intangibles recognition criteria 3
12  cards
Lecture 3 - Measurement
4 reasons for historic cost 1,
4 reasons against historic cost 2,
What is the additivity problem 3
20  cards
Lecture 4 - Income Reporting and Classification
Why can we not know the true valu...,
What is the asset liability way o...,
What is the revenue expense way o...
17  cards
Lecture 5 - Ratio Analysis
How to calculate roce 1,
What is the average roe over the ...,
Which profits do we use 3
26  cards
Lecture 6 Valuation
What is a levered valuation 1,
What is unlevered valuation 2,
What is the dividend discount mod...
14  cards
Lecture 7 - Valuation (Free cash flow)
What is free cash flow 1,
Unlevered vs levered fcf 2,
Steps for a discounted free cash ...
15  cards
Lecture 8 - Earnings Management
Define earnings management 1,
Real decisions 3 different levels...,
Accounting choices 3
9  cards
Lecture 9 - Efficient Markets
What is efficient market 1,
How do market prices fully reflec...,
3 consequences for risk averse in...
20  cards
Lecture 10 - Contracting
Discuss why are incentives in con...,
How do we measure effort 2,
What are the 2 types of measures ...
14  cards
Lecture 11 - Economics of Voluntary Disclosure and Regulation
What is the best amount of inform...,
2 benefits of information product...,
3 costs of information production 3
17  cards
Measurement and Recognition
How are inventories measured 1,
How is ppe measured 2,
How is goodwill measured 3
16  cards

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Financial Accounting Theory

  • Class purpose General learning

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