Brainscape's Knowledge GenomeTM


Top Flashcards (Certified)
All Flashcards

L1 26 Understanding Balance Sheets

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

By: Steven Popovic
Start Studying

Decks in this class (9)

A describe the elements of the balance sheet: assets, liabilities, and equity;
Describe the elements of the balance sheet: Assets, Liabilities, Equity.
4  cards
B describe uses and limitations of the balance sheet in financial analysis;
Describe uses and limitatios of the Balance Sheet in Financial Analysis.
2  cards
E. Describe different types of assets and liabilities and the measurement bases of each
Understanding Balance Sheets
32  cards
F describe the components of shareholders’ equity;
Describe the Components of Shareholders Equity
13  cards
G. Analyze balance sheets and statements of changes in equity
Understanding Balance Sheets
2  cards
D. Distinguish between current and non-current assets, and current and non-current liabilitites
Current assets 1,
Current liabilities 2,
Noncurrent assets 3
5  cards
H. Convert balance sheets to common size balance sheets and interpret common size balance sheets
What does a common size balance s...,
Standardize the bs means 2,
Standardizing allows 3
5  cards
I. Calculate and Interpret Liquidity and Solvency Ratios
Understanding Balance Sheets
10  cards
c describe alternative formats of balance sheet presentation;
Describe alternative formats of Balance Sheet Presentation
3  cards

More about
L1 26 Understanding Balance Sheets

  • Class purpose General learning

Learn faster with Brainscape on your web, iPhone, or Android device. Study Steven Popovic's L1 26 Understanding Balance Sheets flashcards for their CFA Exam L1 class now!

How studying works.

Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.

Learn more about spaced repetition

Add your own flashcards.

Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!

What's Brainscape anyway?

Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.

We use an adaptive study algorithm that is proven to help you learn faster and remember longer....

Looking for something else?

Balance Sheet
  • 1 decks
  • 16 flashcards
  • 2 learners
Decks: Understanding The Balance Sheet, And more!
Balance Energétique + Physiologie Dig...
  • 16 decks
  • 414 flashcards
  • 4 learners
Decks: Muscle Squelettique, Metabolisme Post Prandial, Homeostasie Lipidique, And more!
CFA L1
  • 50 decks
  • 1673 flashcards
  • 263 learners
Decks: Fixed Income Intro To Fixed Income Valua, Alternative Investments Intro, Derivatives Markets And Instruments, And more!
Internal Medicine
  • 110 decks
  • 11626 flashcards
  • 735 learners
Decks: Kaplan Im Gastroenterology, Omed Chest Pain, Omed Sepsis, And more!
Find Flashcards
Make Flashcards
Brainscape helps you reach your goals faster, through stronger study habits.
© 2025 Bold Learning Solutions. Terms and Conditions