Find Flashcards
Make Flashcards
Why It Works
More
Educators
Businesses
Academy
About

Log in
Get Started

Brainscape's Knowledge Genome^TM

Entrance Exams
Professional Certifications
Foreign Languages
Medical & Nursing
Science
English
Humanities & Social Studies
Mathematics
Law
Vocations
Health & Fitness
Business & Finance
Technology & Engineering
Food & Beverage
Fine Arts
Random Knowledge

Top Flashcards (Certified)

L1 32 Non-Current (Long-Term) Liabilities > c explain the derecognition of debt; > Flashcards

c explain the derecognition of debt; Flashcards

(0 cards)

L1 32 Non-Current (Long-Term) Liabilities (12 decks)

Financing Liabilities and Bond Terminology

A Determine the initial recognition, initial measurement and subsequent measurement of bonds

B Describe the effective intrest method and calculate interst expense, amortisation of bond discounts/premiums, and interest payments

c explain the derecognition of debt;

d describe the role of debt covenants in protecting creditors;

e describe the financial statement presentation of and disclosures relating to debt;

f explain the motivations for leasing assets instead of purchasing them;

g distinguish between a finance lease and an operating lease from the perspectives of the lessor and the lessee;

h determine the initial recognition, initial measurement, and subsequent measurement of finance leases;

i compare the disclosures relating to finance and operating leases;

k compare the presentation and disclosure of defined contribution and defined benefit pension plans;

l calculate and interpret leverage and coverage ratios.

Key Links
Subjects
Company
- About Us
- Earn Money!
- Academy
- Swag Shop
- Contact
- Terms
- Podcasts
- Careers
Find Us

Brainscape helps you reach your goals faster, through stronger study habits.
© 2025 Bold Learning Solutions. Terms and Conditions