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

Decks in this class (31)

Governmental Accounting
What are the three major types of...,
Which two accounting bases are us...,
What is a budget appropriation 3
29  cards
Financial Reporting
What is the primary objective of ...,
What is the most authoritative se...,
What are the 2 levels of authorit...
56  cards
Leases
How is a capital lease recorded 1,
What footnote disclosures are req...,
What are the requirements for a c...
10  cards
Stockholders Equity
When common stock and preferred s...,
When is apic recorded on a stock ...,
To what extent is retained earnin...
25  cards
Statement of Cash Flows
What items are included in operat...,
What items are included in invest...,
What items are included in financ...
5  cards
Partnership Accounting
How are capital contributions wit...,
If no goodwill is recorded upon a...,
If goodwill is recorded upon admi...
4  cards
NFP Accounting
Which financial statements are re...,
What are the major classification...,
What are the major classification...
21  cards
Investments
How are available for sale securi...,
How are available for sale securi...,
How are unrealized g l for availa...
7  cards
Inventory
Which costs are inventoriable 1,
When does ownership of goods tran...,
When does ownership transfer when...
23  cards
IFRS
Which organization s standards ar...,
Where is the first place manageme...,
Which framework helps to develop ...
44  cards
Fixed Assets
How are research and development ...,
Which expenditures are included i...,
Which expenditures are included i...
15  cards
Financial Statements
Which personal financial statemen...,
How are assets and liabilities va...,
How are estimated taxes that woul...
15  cards
Derivatives Hedging Translation
How are derivatives recorded 1,
How are unrealized gains losses o...,
How are gains and losses on avail...
12  cards
Deferred Taxes
What is a temporary difference re...,
What is a deferred tax asset 2,
What is a deferred tax liability 3
8  cards
Current Assets & Liabilities
What is a current asset 1,
What is a current liability 2,
How is the quick ratio calculated 3
11  cards
Consolidations
When is the fair value method use...,
When is the equity method used wh...,
When are companies required to fi...
7  cards
Bonds Debt Restructure
What is a serial bond 1,
What is a term bond 2,
What is a debenture bond 3
23  cards
Accounting Changes
How are changes in accounting pri...,
Would a change from completed con...,
Would a change from lifo to fifo ...
10  cards
Agency Law
What is agency law 1,
What is required for agency to ex...,
What is actual authority in an ag...
13  cards
Bankruptcy
What are the basic actions that o...,
For what debts does bankruptcy no...,
How does bankruptcy of a corporat...
29  cards
Business Structures
What are the key elements of a va...,
Can corporations and other partne...,
Name the basics of partnership fo...
50  cards
Commercial Paper
What is a promissory note 1,
What is a draft 2,
What is a check 3
20  cards
Contracts
What must a contract contain 1,
What forms may acceptance of a co...,
Who can accept an offer 3
18  cards
Dodd Frank
What is considered the biggest ch...,
What is the goal of the volcker r...,
How does the volcker rule limit b...
4  cards
Employment Environment Law
Describe the federal unemployment...,
What are the major aspects of fic...,
When is an employee covered by wo...
7  cards
Federal Securities Acts
What are the key points of the 19...,
What entities are exempt from fil...,
What are the key points of the 19...
16  cards
JOBS Act
What is the revenue limit for an ...,
For an emerging growth company ip...,
How did reg d rule 506 change und...
5  cards
Professional Responsibilities
What is the purpose of a consulti...,
What is required by the statement...,
What is the difference between ex...
18  cards
Property Law
What does real property include 1,
What are the characteristics of a...,
What are the characteristics of a...
9  cards
Sales Law
What sales are covered under the ...,
What elements are needed for a sa...,
What are the elements of a firm o...
11  cards
Secured Transactions
When does a security interest att...,
What are the characteristics of p...,
How does perfection occur in a se...
6  cards

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FAR

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