adjusting entries, balance sheet, income statement, trial balance

adverse, causes of fraud, common size FS analysis, conditions that promote fraud, disclaimer, forecast vs projection, fraudulent reporting, FS analysis limitations, horizontal FS analysis, internal controls, L-T trend FS analysis, major ratio types, Management's Discussion and Analysis, MD&A, qualified, ratio analysis limitation, unqualified opinion

calculating BEPS, calculating DEPS, contingent shares, convertible bonds, EPS presentation and disclosure, per share effect, stock dividends and splits, stock options

income tax accounts, permanent difference, reconciling PFI to TI, tax adjusting entry, Tax AJE Formulas, taxable TD, temporary difference

accounting treatment, changes and errors, depreciation change, entity, presentation, principle disclosures, prior period adjustment, prospective treatment, retrospective treatment

collections from customers, depreciation expense, income tax payments, indirect adjustment, necessary info for SCF, payments to suppliers, Selling and Admin

asset purchase, asset sales, cash from land sale, common stock issuance, equipment purchase payments, equipment sale, investing section steps, L-T, liability principal, shareholder dividends

3 maxims, balance sheet, BS order, chart of accounts, four account characteristics, SE accounts

AFS bond entries, Entire Bond Amortization Schedule, financial statement treatment, five investment categories, FV entry, held to maturity bonds, HTM bond entries, realized gain and loss, trading bond

calculating DEPS, six steps, year end MV

call bonds entry, convert bonds entry, convert PS entry, entry for bond issue, first effective interest entry, first straight line entry, four types of dilutive securities, methods to convert bonds and PS, PS issue entry, two bond amortization methods

calculating preferred stock dividends, divident payment policies, entries for cash dividends, entries for liquidating dividends, entries for property dividends, entries for small and large stock dividends, four types of dividends, stock split, two types of stock dividends

annual cost index, DVL method, inventory increase vs decrease, Liquidation problem, specific goods

completed contract, entry for estimate change, FIFO vs LIFO, financial statement, percent completion, previous GAAP standard, principle change, prospective, retrospective

noncash exchanges, proportional and incremental method, treasury stock

AFS adjustment, AFS equity portfolio, AFS stock sold at gain, category transfer, entries for greater than 20 percent AFS equity securities, five investment categories, FV entry, MV adjustment, net loss, NI and Dividends, significant influence, statement of CI, stock purchase, three CS percent presumptions vs evidence, total holding gain, valuation method

corporate advantages and disadvantages, debt financing, equity financing, features of common stock, features of preferred stock, four common stock rights, three primary forms of business

adjusting entries, CJE, closing entries, debits vs credits, GAAP FS and CPA audit, general journal, general ledger, GJ and GL, JE and AJE, journal entries, real vs nominal accounts

chart of accounts, constraints, FASB conceptual framework, framework assumptions, order of accounting cycle, principles, three maxims

common disclosures, conglomerate, differential disclosure, interim problems, interim reports, Post-BS events, primary purpose of notes, related-parties, segment reporting, segmenting objective

completion of production basis, cost recovery method, deposit method, installment sales method, order that methods recognize revenue

dealer, Direct Financing (DF) Lease (DFL), Guaranteed vs. unguaranteed, manufacturer, Net Investment in Lease (NIL - DF), Residual Value (RV)

annuity due, bargain purchase option, Bright Lines, Capitalize, Economic Substance, fair value, lessee, Lessor

Lease Component, Lease Contract, Multiple Asset Use, Non-lease component, Separate Components, Single Component

Initial Direct Cost, Lease Component, Non-lease component, Proporational Method, Residual (Incremental) Method, Standalone Price

Bargain Purchase Option (BPO), Direct Financing Lease, Group II Criteria, Implicit Rate, operating lease, Present Value (PV), Residual Value Guarantee (RVG), Sale-type Lease

economic life, Implicit Rate, Initial Direct Cost, lcd, lease commencement date, lease incentive, operating lease, right-of-use, rou

asset amortization schedule, balance sheet, book value, gl accounts, liability amotization schedule, operating lease, subsequent measurement, T-Account

cost benefit analysis, cost constraint, Residual Value Guarantee (RVG), short-term policy election

Bargain Purchase Option (BPO), finance lease, Initial Direct Cost, lcd, lease commencement date, lease incentive, right-of-use

Adjusting and Payment Entries, BPO, Capital Lease for Lessee, capital vs operating, financial statements, Initial Entry, Lease Amortization Schedule, Lease Capitalization Amount, Lease end, net income

direct financing, Lessor Operating Entries, Lessor Sale-Type Accounts, Lessor's criteria, Sales Type Lease

CIP, completed contract method, construction FS note disclosures, cost to cost completion percent, daily JE, percent of completion formulas, revenue cost and GP per year, two methods for LT contracts, two types of percent of completion losses, year end AJE

discontinued operations, extraordinary gains or losses, multi step vs single step, noncontrolling interest, unusual vs irregular

asset liability method, deferred tax asset valuation account, modified accelerated cost recovery system, NOL election, refund entry and net loss, total refund

commercial substance, Conservatism, five types of exchange journal entries, non-monetary asset exchanges

first and second year end adjusting entry, plan worksheet, PSC amortization, S L alternative method, smoothing, straight line amortization, years of service method

BS, cash activities and equivalents, comparative BS, disclosure of noncash activities, indirect direct method format, indirect method adjustment rules, OIF, operating activity methods, SCF necessary information, target amount, typical cash life cycle

alternatives, bill and hold sale, channel stuffing, consignment, contra sales accounts, MDA evaluation process, multiple deliverable arrangements, principal agent relationship, sale with buyback, separate unit of accounting, three methods of returns, trade loading, two methods for installment sales, two methods for L T contracts, types of revenue transactions

disclosed for compensation plans, employee stock option plans, entry for SO, exercised, expired, forfeited, issuing stock options, purpose of executive SO, recording detachable and non-detachable warrants, restricted stock, SO accounting debate

book value per share, calculating payout ratio, calculating rate of return on CS equity, FS ratio analysis, SE presentation on balance sheet

deferred tax asset, deferred tax liability, DTA, DTA valuation account, entry with DTL, future tax rates, marginal tax rate, MTR, Tax AJE Formulas, tax rate schedule, TD PD entry, US corporate tax rates

change and error reporting, change in accounting principle, correcting entry, correction of error, physical count error, prior period adjustment, retrospective treatment, statement of SE

accounting for equity, AFS, available for sale security, equity method, fair value option, fv method controversy, held to maturity security, HTM, impaired security, investment categories and issues, management intent, methods used for debt securities, three categories of equity securities, trading security, types and categories of debt securities

bargain purchase option, capitalization limitation, economic useful life test, four lessee capitalization criteria, guaranteed residual value, investment recovery test, lessee advantages, operating vs capital leases, transfer of title

actual return on plan assets, defined benefit, defined contribution, FASB liability alternatives, gain and loss in pension, interest on PBO, nature of pensions, necessary pension entry info, pension plan terms, pension worksheet, PSC amortization, service cost, two main pension FS issues, two types of pensions

expected return adjustment, fourth year worksheet, FS note disclosure, FS notes disclosures, gain loss amortization, PBO assumption change, pension expense smoothing, pension vs healthcare, retirement benefits, third year worksheet, US plan protection laws