This class was created by Brainscape user Maria S. Visit their profile to learn more about the creator.
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Maria S
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Decks in this class (6)
FASB and Standard Setting
What does gaap address 1,
Meaning of recognition 2,
Meaning of measurement 3
14
cards
Accrual Accounting
What are the usual external finan...,
Gaap and therefore the financial ...,
When is revenue recognized in acc...
7
cards
Financial Statements
Income statement statement of pro...,
What is included in the income st...,
Statement of comprehensive income 3
29
cards
Financial Accounting Standards Codification
What are the goals of the codific...
1
cards
Objectives and Qualitative Characteristics (conceptual framework)
What is the conceptual framework 1,
What are the major subsections of...,
Objective of financial reporting 3
19
cards
Assumptions, Accounting Principles (conceptual framework)
What are the four accounting assu...,
What is entity assumption 2,
What is going concern assumption 3
13
cards
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