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Financial Statements Of Limited Companies

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

By: Abby Debnam
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Decks in this class (10)

Chapter 1 - Types Of Businesses And Shares
All businesses need financial sta...,
Who is a sole trader owned by,
Who is a partnership owned by
24  cards
Group Accounts Consolidation
What percentage does the parent c...,
If the parent had less than 50 ho...,
What does pup stand for
26  cards
Accounting For Other Assets (7)
What criteria must an asset be to...,
What does the initial measurement...,
Isa 38 treats what two things as ...
6  cards
Accounting For Liabilities (8)
What is a liability,
What is a provision,
What is meant by present obligati...
13  cards
The Regulatory Framework
What is the framework made up of,
What is the body responsible for ...,
What does iasb stand for
51  cards
SFP
If closing inventory is higher th...,
If closing inventory is lower tha...
2  cards
Revaluations
What is the journal for a revalua...,
What is the double entry for a re...,
What is the double entry for an r...
3  cards
Cash flows
What is a cash equivalent,
Non cash adjustments 5,
What is the indirect method of ca...
19  cards
Further Accounting Standards
What is revenue defined as,
What are the 5 steps to recognise...,
When does a contract fall inside ...
9  cards
Shizzle To Remember
What is meant by an intangible as...,
What are the two types of goodwill,
Can purchase goodwill be recognis...
16  cards

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Financial Statements Of Limited Companies

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