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

Decks in this class (9)

F1 - Income Statement
How should the effect of a change...,
The cumulative effect of a change...,
Changes in estimates affect only 3
3  cards
F1 - Comprehensive Income
Comprehensive income includes all...,
Accumulated other comprehensive i...,
Components of other comprehensive...
5  cards
Accounting Changes
How are changes in accounting pri...,
Would a change from completed con...,
Would a change from lifo to fifo ...
10  cards
Chapter 1 - Income Statements & Financial Reporting
Who has legal authority to establ...,
Who determines gaap 2,
What is the single source of auth...
44  cards
FAR - Framework/Overview - FASB, Role/Standard Setting, FASB/Standard Setting
What comprises united states gene...,
What does the securities and exch...,
What is the american institute of...
47  cards
FAR - Framework/Overview - FASB, Conceptual Framework of Financial Reporting, Objectives/Qualitative Characteristics
How many primary qualitative char...,
Conceptually interim financial st...,
What is the conceptual framework ...
27  cards
FAR - Framework/Overview - General Financial Statements
Net realizable value 1,
Quick ratio acid test 2,
Operating cycle another name for ...
54  cards
FAR - Financial Statement Acct - General Revenue Recognition
Revenue 1,
Revenue recog criteria 2,
Sec revenue recog criteria 3
39  cards
FAR - Specific Transactions, Events, & Disclosures - Accounting Changes & Error Corrections
Types of changes 1,
Accounting approaches for account...,
2 mains aspects of retrospective ...
25  cards

More about
FAR - F1

  • Class purpose General learning

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