My FAR study cards Flashcards

Decks in this Class (6):

• Fasb And Standard Setting

  FASB and Standard Setting

  Sample Cards:

  what does gaap address,

  meaning of recognition,

  meaning of measurement
  14 Cards
  Preview Flashcards
• Accrual Accounting

  Accrual Accounting

  Sample Cards:

  what are the usual external financial re,

  gaap and therefore the financial stateme,

  when is revenue recognized in accrual ac
  7 Cards
  Preview Flashcards
• Financial Statements

  Financial Statements

  Sample Cards:

  income statement statement of profit or,

  what is included in the income statement,

  statement of comprehensive income
  29 Cards
  Preview Flashcards
• Financial Accounting Standards Codificat

  Financial Accounting Standards Codification

  Sample Cards:

  what are the goals of the codification
  1 Cards
  Preview Flashcards
• Objectives And Qualitative Characteristi

  Objectives and Qualitative Characteristics (conceptual framework)

  Sample Cards:

  what is the conceptual framework,

  what are the major subsections of the co,

  objective of financial reporting
  19 Cards
  Preview Flashcards
• Assumptions Accounting Principles Concep

  Assumptions, Accounting Principles (conceptual framework)

  Sample Cards:

  what are the four accounting assumptions,

  what is entity assumption,

  what is going concern assumption
  13 Cards
  Preview Flashcards