FAR Flashcards

Decks in this Class (34):

• Far

  FAR

  Sample Cards:

  in transactions with commercial subst...,

  in transactions lacking commercial su...,

  in transactions with commercial subst...
  44 Cards
  Preview Flashcards
• Far Government

  FAR-Government

  Sample Cards:

  what are the five major sections of a...,

  in governmental accounting what is th...,

  what two statements are presented in ...
  66 Cards
  Preview Flashcards
• Far Non Profit

  FAR-Non Profit

  Sample Cards:

  how many groups are covered by nonprofit,

  what are the three basic financial st...,

  what is the formula for the nonprofit...
  27 Cards
  Preview Flashcards
• Far Cash Flow Statement

  FAR-Cash Flow Statement

  Sample Cards:

  give a summary of what goes into the ...,

  give a summary of what goes into the ...,

  give a summary of what goes into the ...
  18 Cards
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• Far Leases

  FAR-Leases

  Sample Cards:

  how are lease liabilities recognized and,

  at what rate or discount does the lessor,

  with a direct financing lease what is...
  47 Cards
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• Far Deferred Taxes

  FAR-Deferred Taxes

  Sample Cards:

  what two items make up the provision for,

  how are deferred taxes calculated,

  what is the deferred tax asset valuation
  22 Cards
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• Far Pp Amp E

  FAR-PP&E

  Sample Cards:

  in transactions with commercial subst...,

  in transactions lacking commercial su...,

  in transactions with commercial subst...
  26 Cards
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• Far Long Term Contracts

  FAR-Long Term Contracts

  Sample Cards:

  what kind of an asset is the cip cons...,

  what is created when cip is greater than,

  what is created when cip is less than...
  17 Cards
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• Far Stockholder S Equity

  FAR-Stockholder's Equity

  Sample Cards:

  what is the accounting treatment for ...,

  how is compensation expenses from sto...,

  what is the accounting treatment for ...
  25 Cards
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• Far Error Corrections

  FAR-Error Corrections

  Sample Cards:

  what is the treatment when it is impo...,

  which disclosures should prospective ...,

  for which type of material related party
  3 Cards
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• Far Installment Sales Method

  FAR-Installment Sales Method

  Sample Cards:

  when is the installment sales method ...,

  what are the two formulas for the ins...,

  under the installment sales method ho...
  7 Cards
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• Far Segment Reporting

  FAR-Segment Reporting

  Sample Cards:

  how many tests must be performed to d...,

  in addition to the three tests for se...,

  how large does a segment have to be f...
  17 Cards
  Preview Flashcards
• Far Bonds And Fair Value

  FAR-Bonds and Fair Value

  Sample Cards:

  what is a debenture bond,

  what is a serial bond,

  what is a bond sinking fund
  29 Cards
  Preview Flashcards
• Far Financial Instruments Amp Derivatives

  FAR-Financial Instruments & Derivatives

  Sample Cards:

  what is a put option,

  what is a call option,

  financial instruments include these t...
  14 Cards
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• Far Foreign Operations

  FAR-Foreign Operations

  Sample Cards:

  when do translation adjustments occur,

  translation adjustments hit this stat...,

  when do fx remeasurements occur
  19 Cards
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• Far Pensions

  FAR-Pensions

  Sample Cards:

  journal entry to set up a defined con...,

  what is a defined contribution,

  what is a defined benefit
  36 Cards
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• Far Inventory

  FAR-Inventory

  Sample Cards:

  is the moving average method on a per...,

  when is cogs determined under the wei...,

  what are the three elements evaluated...
  17 Cards
  Preview Flashcards
• Far Business Combinations And Consolidati

  FAR-Business Combinations and Consolidations

  Sample Cards:

  when should an investment in an entit...,

  in what case would the equity method ...,

  which investees receivables appears o...
  6 Cards
  Preview Flashcards
• Far Pension Foundations

  FAR-Pension Foundations

  Sample Cards:

  plus or negative how do pension activ...,

  when is a net obligation created and how,

  when is a net asset created and how i...
  13 Cards
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• Journal Entries

  Journal Entries

  Sample Cards:

  when stock is exchanged for an asset ...,

  how are property dividends recorded,

  how is a liquidating dividend recorded
  47 Cards
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• Ifrs

  IFRS

  Sample Cards:

  under ifrs how are the two part of co...,

  under ifrs where is interest paid appear,

  under ifrs where are the receipt of i...
  43 Cards
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• Conceptual Framework

  Conceptual Framework

  Sample Cards:

  what are the qualitative characteristics,

  what are the fundamental qualitative ...,

  what are the fundamental qualitative ...
  8 Cards
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• Far Mnemonics

  FAR-Mnemonics

  Sample Cards:

  what is the acronym for the parts of the,

  what goes into other comprehensive in...,

  what are the three valuation techniques
  10 Cards
  Preview Flashcards
• Interim Financial Statements

  Interim Financial Statements

  Sample Cards:

  what types of transactions are allocated,

  what types of transactions are not al...,

  how are period losses treated that ar...
  3 Cards
  Preview Flashcards
• Far Government Jes

  FAR-Government JEs

  Sample Cards:

  with the modified accrual method what is,

  with modified accrual what is the jou...,

  what is the journal entry to create a...
  11 Cards
  Preview Flashcards
• Far Non Profit Jes

  FAR-Non Profit JEs

  Sample Cards:

  when an unrestricted gift is received...,

  when a temporarily restricted gift is...,

  when the temporarily restricted asset is
  9 Cards
  Preview Flashcards
• Far Receivables And Liabilities

  FAR-Receivables and Liabilities

  Sample Cards:

  with contingent liabilities what is t...,

  what are the rules for the disclosure of,

  what interest rate is used to find th...
  11 Cards
  Preview Flashcards
• Far Formulas

  FAR-Formulas

  Sample Cards:

  what is the formula for inventory tur...,

  what is the formula for gross margin,

  what is the formula for working capital
  11 Cards
  Preview Flashcards
• Far 11 Bonds And Present Value Tables Pro

  FAR 11_Bonds and Present Value Tables Problem Areas

  Sample Cards:

  bonds between the market value and bo...,

  bonds what are the key characteristic...,

  bonds what are the key characteristic...
  16 Cards
  Preview Flashcards
• Partenerships

  Partenerships

  Sample Cards:

  how are assets valued,

  how are liabilites valued,

  how is contributed capital affected b...
  8 Cards
  Preview Flashcards
• Lease Tbs Review

  Lease TBS Review

  Sample Cards:

  when the pv of a lease the pv factor and,

  what are the different ways to calculate,

  what are the different ways to calculate
  7 Cards
  Preview Flashcards
• Government Tbs Review

  Government TBS Review

  Sample Cards:

  if a general fund pays for staff to g...,

  with operating transfers how is the i...,

  with operating transfers how is the i...
  19 Cards
  Preview Flashcards
• Pv Factor Review

  PV Factor Review

  Sample Cards:

  the formula for converting an ordinar...,

  the formula for converting an annuity...,

  when converting from an ordinary annuity
  5 Cards
  Preview Flashcards
• Non Profit Govt Financial Statements Revi

  Non-Profit Govt Financial Statements Review

  Sample Cards:

  what are the statements used by non f...,

  what are the three basic financial st...,

  what two statements are presented in ...
  7 Cards
  Preview Flashcards