FAR PREP
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
|
|
||||
|---|---|---|---|---|---|
| Relevance | a. Feedback Value b. Predictive value c. Timeliness
🗑
|
||||
| Reliability | a. Representational faithfulness b. Verifiability c. Neutrality
🗑
|
||||
| IFRS-Principal qualitative characteristic of financial statements | a. Understandability b. relevance c. reliability d. comparability
🗑
|
||||
| Fundational recognition criteria | a. definition b. measurable c. relevant d. reliable
🗑
|
||||
| Form 10-K | It is the annual report to the SEC. It is certified by an independent accountant and signed by principal executive, financial, and accounting officers and majority of the bod.
🗑
|
||||
| Form 10-Q | It is the quarterly report to SEC. Interim financial information must be reviewed by an independent accountant.
🗑
|
||||
| Form 8-K | It is a current report to disclose material events. It include: change in control, acqusition or disposition of a significant amount of assets, bankruptcy or receivership, resignation of directors, and a change in CPA.
🗑
|
Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
Created by:
mdoncouse
Popular Accounting sets