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

Decks in this class (20)

FAR 8 - Fixed Assets
0  cards
FAR 14-pensions
What does the acronym a spider st...,
What is a vested benefit obligati...,
What is an accumulated benefit ob...
4  cards
FAR 15 - Stockholders Equitu
Who is voted on at stockholder s ...,
Name the two types of retained ea...,
What is the difference between ac...
4  cards
Far 4 - Marketable Securities
What are held for trading hft sec...,
Define available for sale securit...,
Define held to maturity securities 3
56  cards
FAR 3-Cost and Equity Method
Which method is used for 0 20 1,
Which method is used for 20 50 2,
Which method is used for 50 3
22  cards
Far 2 - Cash and Cash Equivalents and B/S
What is the formula for bank reco...
1  cards
FAR 5 - Financial Instruments and Derivatives
Oil futures example 1,
Stock options go to who 2,
Stock rights go to who 3
5  cards
FAR 6 - Foreign Operations
Foreign currency transaction g l ...,
Foreign currency translation g l ...,
What is functional currency 3
14  cards
FAR 7 - Inventory
What does fob shipping point mean 1,
What is the moving average method 2,
On moving average method how are ...
27  cards
FAR 8 - Fixed Assets
How should asset retirement oblig...,
Accretion expense for an aro is r...,
Journal entry for accretion expen...
10  cards
FAR 9 - Intangible Assets
In a company with existing liabil...,
Capitalized software costs are am...,
In a royalty agreement how would ...
7  cards
FAR 10 - Receivables
What is what is bad debt expense 1,
What is the matching account for ...,
Journal entry for bad debt expense 3
37  cards
Comprehensive A
Gains and losses on derivatives a...,
Under ifrs what are the requireme...,
Formula for amortized cost approa...
20  cards
Comprehensive B
What are the two reasons foreign ...,
What determines if a foreign chan...,
Where are gains and losses from f...
20  cards
Comprehensive 1
What are the 5 elements that make...,
Financial statement element that ...,
Define conservatism in accounting 3
20  cards
Comprehensive 2
In calculating the tax effect of ...,
What is the test to see if an ite...,
If a patent is successfully defen...
3  cards
FAR 1.04 - Fair Value Accounting
What items are recognized at fair...,
What is fmv of marketable securit...,
Wht is the fmv of inventory 3
15  cards
FAR 1.03-Elements of Financial Statements
Define comprehensive income 1,
What are the 5 types of costing 2,
What is fair market value fmv 2
10  cards
FAR 2 - Cash and Cash Equivalents
What is money in a sinking fund c...,
What is a post dated check regard...,
In book balances where should ove...
4  cards
FAR 1.05-Financial Instruments and Derivatives
In asc topic 815 derivatives and ...,
In asc topic 815 derivatives and ...,
Disclosures related to financial ...
8  cards

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My Own FAR

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