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Serene Rose
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Decks in this class (19)
FAR
0
cards
Accounting Changes
Retrospective application prior p...,
A change of principle applied ret...,
A change in accounting principle ...
10
cards
Bonds Debt Restructure
Any bond that matures in installm...,
Any bond that matures on a single...,
A bond not secured by any collate...
23
cards
Consolidations
20 ownership or less accounted fo...,
Ownership 21 to 50 gives signific...,
Ownership of other company is gre...
7
cards
Current Assets & Liabilities
Cash plus other assets that are e...,
A liability expected to be paid w...,
Cash a r trading securities curre...
11
cards
Deferred Taxes
Gaap says to recognize a revenue ...,
Deduction will reduce future inco...,
Income will be taxable in a futur...
8
cards
Derivatives Hedging Translation
At cost when acquired re valued t...,
Recorded on income statement 2,
They are included in other compre...
12
cards
Financial Reporting
To measure income 1,
The fasb codification 2,
Authoritative and non authoritati...
56
cards
Financial Statements
Statement of financial condition ...,
Estimated current value 2,
Presented on statement of financi...
15
cards
Fixed Assets
They are expensed in the period i...,
All expenditures to get the build...,
All expenditures to get the land ...
15
cards
Governmental Accounting
Governmental proprietary fiduciary 1,
Accrual basis current economic re...,
The highest amount allowed for a ...
29
cards
IFRS
The international accounting stan...,
The international financial repor...,
The iasb framework the framework ...
44
cards
Inventory
Purchases net of discounts freigh...,
Fob shipping point puts the inven...,
Fob destination keeps the items i...
23
cards
Investments
At fair value as either current o...,
Included in oci other comprehensi...,
Htm stockholder s equity trading ...
7
cards
Leases
Capitalize at cost asset liabilit...,
Future minimum rental commitments...,
Same as for lessee title bpo or s...
10
cards
NFP Accounting
Statement of financial position s...,
Similar to balance sheet assets l...,
Similar to an income statement or...
21
cards
Partnership Accounting
Calculating the capital balance w...,
The bonus method old partnership ...,
Using the goodwill method new con...
4
cards
Statement of Cash Flows
Cash received from customers inte...,
Cash received sale of pp e sale o...,
Cash received issuance of stock i...
5
cards
Stockholders Equity
Apic for each is allocated by its...,
Apic increases on date subscripti...,
It will be restricted to the exte...
25
cards
More about
FAR
- Class purpose General learning
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