This class was created by Brainscape user Ruel Morgan. Visit their profile to learn more about the creator.
By:
Ruel Morgan
- decks
- flashcards
- learners
Decks in this class (36)
Financial Reporting Environment
How does the fasb amend an accoun...,
What are the 2 qualitative charac...,
What are the four accounting pron...
20
cards
Income Statement Items
What method s can be used to esti...,
What would be considered potentia...,
What document is considered a typ...
20
cards
STAY FOCUSED
What are indicators of an investo...,
What must an entity disclose when...,
Under ifrs what do joint ventures...
20
cards
STAY Focused II
Where are unrealized gains and lo...,
How are investments in available ...,
How are available for sale market...
20
cards
FOCUS some MoRe
In general what happens to the fi...,
What happens when an investment i...,
Where are gains and losses result...
20
cards
FOCUS some MoRe II
How are derivatives such as forwa...,
What method of conversion of the ...,
What method of conversion of the ...
20
cards
Here We Go AgAiN
Where would any unrealized gains ...,
What type of account other than t...,
How do you calculate the amortize...
20
cards
Inventory
What is a disadvantage of the per...,
Should the consignee record goods...,
How is market defined under the l...
20
cards
WOOO II
When would an exchange of non mon...,
Under what circumstance would an ...,
What happens when a transaction l...
20
cards
Intangible Assets
True or falsecosts incurred to de...,
What would be considered research...,
How are amortization costs determ...
20
cards
Receivables
What is the journal entry to writ...,
What affect if any does a write o...,
How would the collection of an ac...
20
cards
Bonds
How would you calculate a gain or...,
What is the interest expense over...,
What is a substance defeasance
20
cards
Leases
True or falsein a sale leaseback ...,
True or falsea nonrefundable leas...,
Does the lessor recognize a gain ...
15
cards
Liabilities
How does the gross method work fo...,
When would an entity report a lia...,
Under the liquidation basis of ac...
20
cards
Liabilities II
What is the imputed interest rate,
How is inventory recorded under t...,
How do you calculate an employers...
13
cards
Pensions
What is the unfunded projected be...,
What disclosures are required of ...,
How are prior service costs psc r...
20
cards
Pensions II
What are your service costs,
What happens when pbo exceeds the...,
What happens when plan assets exc...
21
cards
Stockholders' Equity
True or falsea gain or loss is re...,
What happens to additional paid i...,
How are the stock dividends of co...
20
cards
Stockholders' Equity II
What happens when dividends are d...,
How are stock options that have a...,
What are dividend distributions t...
20
cards
Earnings Per Share
How do you calculate your weighte...,
What is the basic equation to cal...,
True or falsewhen stock dividends...
20
cards
Cost Recovery Method
What method of revenue recognitio...,
How would you calculate a company...,
Under ifrs what method of account...
20
cards
Reporting the Results of Operations & IFRS Financial Statements
What would be an item thats repor...,
What are some items that would be...,
True or falsethe pro forma effect...
20
cards
Reporting the Results of Operations Continued
True or falseunearned consulting ...,
What type of transaction would re...,
What is the form 8 k used for
20
cards
Accounting Changes & Error Corrections
What are the effects of a company...,
What is it considered when a comp...,
True or falsea change in deprecia...
14
cards
Deferred Tax Liability
How do you calculate your current...,
What would be the journal entry f...,
What would be the journal entry f...
20
cards
Governmental Accounting
How are investments held by endow...,
What is the journal entry for whe...,
What is considered an expenditure...
21
cards
Governmental Accounting II
When is an enterprise fund used,
What is the debt service fund use...,
What are the three standard secti...
20
cards
Governmental Accounting III
True or falsegovernment wide fina...,
How would an unrestricted grant r...,
If there is a debit balance in th...
20
cards
Segment Reporting
What type of entity is required t...,
What factors determine whether an...,
True or falsegeneral operating ex...
20
cards
Statement of Cash Flows
True or falsethe purchase of a 3 ...,
Under the indirect method for the...,
True or falseunder the cash basis...
20
cards
Statement of Cash Flows II
What information should be disclo...,
How would you calculate ending ac...,
When the direct method of prepari...
8
cards
Inflation Accounting & Financial Statement Analysis
How would you calculate the incre...,
Under current cost accounting the...,
Where should a company disclose t...
20
cards
Partnerships & Business Combinations
Under the bonus method,
How would you calculate your weig...,
True or falsedrawings are not con...
20
cards
Business Combinations & Consolidations
The total consideration transferr...,
In a business combination account...,
Consolidated statements are requi...
20
cards
Not-For-Profit Accounting
What financial statements are req...,
What is the purpose of a statemen...,
Scenario nongovernmental not for ...
20
cards
Not-For-Profit Accounting II
What type s of not for profit org...,
Which financial statement of a no...,
True or falsecontributions receiv...
9
cards
More about
financial accounting and reporting
- Class purpose General learning
Learn faster with Brainscape on your web, iPhone, or Android device. Study Ruel Morgan's Financial Accounting and Reporting flashcards 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.
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?
CPA
- 50 decks
- 1,262 flashcards
- 104,188 learners
Packs:
CPA AUD Flashcards, CPA FAR Flashcards, CPA BEC Flashcards, And more!
Financial Accounting and Reporting
- 12 decks
- 422 flashcards
- 3 learners
Decks:
Conceptual Framework, Marketable Securities, Financial Instruments Derivatives, And more!
ACCA Financial Reporting
- 18 decks
- 195 flashcards
- 27 learners
Decks:
Tangible Non Current Assets, Intangible Assets, Impairment Of Assets, And more!
HBX CORe: Financial Accounting
- 7 decks
- 194 flashcards
- 523 learners
Decks:
Module 1, Module 2, Module 3, And more!
