A guide through ifrs Guías de estudio, Notas de estudios & Resúmenes

- answer- What is the historical evolution of disclosure? Why is that relevant today? - answer-x How and why has sustainability accounting and disclosure evolved to supplement financial A&D? - answer- Characteristics of SASB D&A - answer-D&A metrics contextualize understanding of a firm's operations and strategic initiatives What is SICS? - answer-Sustainable Industry Classification System create and outline SASB Sectors and Industries Classification system to meet the needs of u...

- answer- What is the historical evolution of disclosure? Why is that relevant today? - answer-x How and why has sustainability accounting and disclosure evolved to supplement financial A&D? - answer- Characteristics of SASB D&A - answer-D&A metrics contextualize understanding of a firm's operations and strategic initiatives What is SICS? - answer-Sustainable Industry Classification System create and outline SASB Sectors and Industries Classification system to meet the needs of u...

- answer- What is the historical evolution of disclosure? Why is that relevant today? - answer-x How and why has sustainability accounting and disclosure evolved to supplement financial A&D? - answer- Characteristics of SASB D&A - answer-D&A metrics contextualize understanding of a firm's operations and strategic initiatives What is SICS? - answer-Sustainable Industry Classification System create and outline SASB Sectors and Industries Classification system to meet the needs of u...

CFA Level 1 Exam 1744 Questions with answers 2023 n Factorial - CORRECT ANSWER For a positive integer n, the product of the first n positive integers; 0 factorial equals 1 by definition. n factorial is written as n!. Accounting costs - CORRECT ANSWER Monetary value of economic resources used in performing an activity. These can be explicit, out-of-pocket, current payments, or an allocation of historical payments (depreciation) for resources. They do not include implicit opportunity cos...

1. Corporations generally receive more favorable tax treatment than sole proprietorships and corporations. A. True B. False 2. Which is not one of the three forms of business organi zation? A. Sole proprietorship B. Creditorship C. Partnership D. Corporation 3. Which is an advantage of corporations relative to partnerships and sole proprietorships? A. Increased difficulty of raising funds B. Harder to transfer ownership C. Reduced legal liability for investors D. Most common form of organization...

CHAPTER 24 FULL DISCLOSURE IN FINANCIAL REPORTING IFRS questions are available at the end of this chapter. TRUE-FALSE—Conceptual Answer No. Description F 1. Items affected by FASB standards. T 2. SEC reporting requirements. T 3. Definition of accounting policies. F 4. Related party transactions disclosure. F 5. Post-balance-sheet disclosures. T 6. FASB 131 requirements F 7. Allocation of joint or common costs. T 8. Disclosure of major customers. F 9. Reporting under the integral ...

CHAPTER 5 BALANCE SHEET AND STATEMENT OF CASH FLOWS IFRS questions are available at the end of this chapter. TRUE-FALSE—Conceptual Answer No. Description F 1. Liquidity and solvency. T 2. Limitations of the balance sheet. T 3. Definition of financial flexibility. T 4. Long-term liability disclosures. F 5. Definitions of the balance sheet. F 6. Land held for speculation. T 7. Balance sheet format. F 8. Purpose of statement of cash flows. F 9. Statement of cash flows reporting. T 1...

CHAPTER 1 FINANCIAL ACCOUNTING AND ACCOUNTING STANDARDS IFRS questions are available at the end of this chapter. TRUE-FALSE—Conceptual Description F 1. Definition of financial accounting. T 2. Purpose of financial statements. T 3. Definition of financial accounting. T 4. Capital allocation process. F 5. Objective of financial reporting. T 6. Decision-Usefulness approach. T 7. Users of financial statements. F 8. Committee on Accounting Procedure. F 9. Passage of FASB standards. T ...

CHAPTER 5 BALANCE SHEET AND STATEMENT OF CASH FLOWS IFRS questions are available at the end of this chapter. TRUE-FALSE—Conceptual Description F 1. Liquidity and solvency. T 2. Limitations of the balance sheet. T 3. Definition of financial flexibility. T 4. Long-term liability disclosures. F 5. Definitions of the balance sheet. F 6. Land held for speculation. T 7. Balance sheet format. F 8. Purpose of statement of cash flows. F 9. Statement of cash flows reporting. T 10. Financi...

FINANCIAL ACCOUNTING AND ACCOUNTING STANDARDS IFRS questions are available at the end of this chapter. TRUE-FALSE—Conceptual Answer No. Description F 1. Definition of financial accounting. T 2. Purpose of financial statements. T 3. Definition of financial accounting. T 4. Capital allocation process. F 5. Objective of financial reporting. T 6. Decision-Usefulness approach. T 7. Users of financial statements. F 8. Committee on Accounting Procedure. F 9. Passage of FASB standards. T 1...