Intermediate Accounting Retention 1 Exams: Created by Emmastudies

INTERMEDIATE ACCOUNTING RETENTION 1 EXAMS
Done Related Standard Topics Weak Areas Theories Problems
Intermediate Accounting 1
Cash and Cash Equivalents
Bank Reconciliation
Proof of Cash
Accounts Receivable
Estimation of Doubtful Accounts
Notes Receivable
Loans Receivable
Receivable Financing (Pledge, assignment, & factoring)
Receivable Financing (Discounting of NR)
IAS 2 Inventories
IAS 2 Inventory Cost Flow
IAS 2 Lower of Cost and Net Realizable Value
IAS 2 Gross Profit Method
IAS 2 Retail Inventory Method
IFRS 9 Financial Asset at Fair Value
IAS 28 Investment in Equity Securities
IAS 28 Investment in Associate Basic Principles
IFRS 9 Investment in Associate Basic Other Accounting Issues
IFRS 9 Financial Asset at Amortized Cost
IFRS 9 Effective Interest Method
IFRS 9 Reclassification of Financial Asset
CREATED BY EMMASTUDIES EMMASTUDIES.COM | #EMMASTUDIES

IAS 40 Investment Property
IAS 16 Property, Plant, and Equipment
Government Grant
IAS 23 Borrowing Cost
IAS 16 Land and Building
IAS 16 Machinery Capital and Revenue Expenditure
IAS 16 Depreciation Straight Line and Variable Method
IAS 16 Depreciation Sum of years’ digit and declining balance
Depletion
IAS 16 Revaluation
IAS 36 Impairment of Assets Individual Asset
IAS 36 Impairment of Assets Cash generating unit
IAS 38 Intangible Assets Goodwill
IAS 38 Identificable Intangible Assets
IAS 38 Research and Development Computer Software

Premium Liability
Warranty Liability
IAS 37 Provision Contingent Liability
Bonds Payable
Effective Interest Method
Compound Financial Instrument
Note Payable
Debt Restructure
Shareholders’ Equity
Shareholders’ Equity Treasury Shares, rights issue, share split
Retained Earnings Dividends
Retained Earnings Appropiation and Quasi-Reorganization
IFRS 2 Share-based compensation Share options
IFRS 2 Share-based compensation Share appreciation right
Book Value per Share
IAS 33 Basic Earnings per Share
IAS 33 Diluted Earnings per Share

Professional Electives 1
IAS 41 Agriculture
IFRS 5 Non-current Asset Held for Sale
IAS 19 Post-employment Benefits
IFRS 16 Lessee Accounting Basic Principles
IFRS 16 Lessee Accounting Other Accounting Issues
IFRS 16 Operating Lease-Lessor
IFRS 16 Direct Financing Lease-Lessor
IFRS 16 Sales Type Lease-Lessor
IFRS 16 Sale and Leaseback
IFRS 12 Accounting for Income Taxes
IAS 8 Correction of Errors

COST ACCOUNTING RETENTION 1 EXAMS
Done Topics Weak Areas Theories Problems
Cost Accounting
Introduction to Cost Accounting
Costs-Concepts and Classifications
Cost Accounting Cycle
Cost Volume Profit Analysis
Job Order Costing
Just in Time and Backflush Accounting
Accounting for Factory Overhead
Accounting for Labor
Process Costing
Average and FIFO Costing
Joint Products and By-Products
Standard Costing

AUDITING THEORY RETENTION 1 EXAMS
Done Topics Main Points # of pages
Accounting Information System 349 pages
Part I. Overview of Accounting Information System
The Information System: An Accountant’s Perspective 38 pages
Introduction to Transaction Processing 70 pages
Ethics, Fraud, and Internal Control 40 pages
Part II. Transaction Cycles and Business Processes
The Revenue Cycle
The Expenditure Cycle Part I. Purchases and Cash Disbursements Procedures 64 pages
The Expenditure Cycle Part II. Payroll Processing and Fixed Asset Procedures 48 pages
The Conversion Cycle 40 pages
Financial Reporting and Management Reporting Systems 44 pages

AUDITING THEORY RETENTION 1 EXAMS
Done Topics Main Points # of pages
Auditing and Assurance Principles 720 pages
Chapter 1. Fundamental Principles of Assurance Services 36 pages
Chapter 2. Introduction to Audit Services and Financial Statement Audit 31 pages
Chapter 3. Practice and Regulation of the Accountancy Profession 51 pages
Chapter 4. Overview of Audit Process and Preliminary Activities 35 pages
Chapter 5. Planning an Audit of Financial Statements 45 pages
Chapter 6. Study and Evaluation of Internal Control 38 pages
Chapter 7. Transaction Cycles Tests of Controls 40 pages

-
Chapter 8. Consideration of Fraud, Error and Non -compliance 40 pages
-
Chapter 9. Evidence and Performance of Substantive Testing 40 pages
Chapter 10. Selecting Items for Testing and Audit Sampling 44 pages
Chapter 11. Completing the Audit and Audit Documentation 50 pages
Chapter 12. Audit Reporting (General-Purpose Framework) 58 pages
Chapter 13. Reporting on Special Purpose Engagements and Other Audit -Related Services 49 pages
Chapter 14. Quality Control for Audit and Assurance Firms 45 pages
Chapter 15. Code of Ethics for Professional Accountants 72 pages
Chapter 16. Auditing and Information Technology (IT) Environment 46 pages

Cash and Cash Equivalents
Bank Reconciliation
Proof of Cash
Accounts Receivable
Estimation of Doubtful Accounts
Notes Receivable
Loans Receivable
Receivable Financing (Pledge, assignment, & factoring)
Receivable Financing (Discounting of NR)
IAS 2 Inventories
IAS 2 Inventory Cost Flow
IAS 2 Lower of Cost and Net Realizable Value
IAS 2 Gross Profit Method
IAS 2 Retail Inventory Method
IFRS 9 Financial Asset at Fair Value
IAS 28 Investment in Equity Securities
IAS 28 Investment in Associate Basic Principles
IFRS 9 Investment in Associate Basic Other Accounting Issues
IFRS 9 Financial Asset at Amortized Cost
IFRS 9 Effective Interest Method
IFRS 9 Reclassification of Financial Asset

RFBT RETENTION 2 EXAMS
Done Topics Notes # of pages
Obligations and Contracts
General Provisions
Nature and Effect of Obligations
Different Kinds of Obligations
Section 1. - Pure and Conditional Obligations
Section 2. - Obligations with a Period
Section 3. - Alternative Obligations
Section 4. - Joint and Solidary Obligations
Section 5. - Divisible and Indivisible Obligations
Section 6. - Obligations with a Penal Clause
Extinguishment of Obligations
General Provisions
Section 1. - Payment or Performance
Subsection 1. - Application of Payments
Subsection 2. - Payment by Cession
Subsection 3. - Tender of Payment and Consignation
Section 2. - Loss of the Thing Due
Section 3. - Condonation or Remission of the Debt
Section 4. - Confusion or Merger of Rights
Section 5. - Compensation
Section 6. - Novation

Obligations and Contracts
General Provisions
Essential Requisites of Contracts
General Provisions
Section 1. - Consent
Section 2. - Object of Contracts
Section 3. - Cause of Contracts
Form of Contracts
Reformation of Instruments
Interpretation of Contracts
Rescissible Contracts
Voidable Contracts
Unenforceable Contracts
Void or Inexistent Contracts

Business Laws and Regulations
Partnership
General Provisions
Obligations of the Partners
Section 1. - Obligations of the Partners Among Themselves
Section 2. - Property Rights of a Partner
Section 3. - Obligations of the Partners with Regard to Third Persons
Dissolution and Winding Up
Limited Partnership
Cooperative
General Concepts and Principles
Membership
Administration
Responsibilities, Rights, and Privileges of Cooperatives
Dissolution of Cooperatives
Capital, Property and Funds
Audit, Inquiry and Members’ Right to Examine
Allocation and Distribution of Net Surplus
Special Provisions Relating to Agragrian Reform Cooperatives
Special Provisions on Public Service Cooperatives
Special Provisions Relating to Cooperative Banks
Special Provisions Relating to Credit Cooperative
Special Provisions Relating to Cooperative Insurance
Miscellaneous Provisions
Final Provisions

Read Watch Topics Notes # of pages
Business Laws and Regulations
Corporation
Title I. General Provisions Definitions and Classifications
Title II. Incorporation and Organization of Private Corporations
Title III. Board of Directors/Trustees and Officers
Title IV. Powers of Corporation
Title V. Bylaws
Title VI. Meetings
Title VII. Stocks and Stockholders
Title VIII. Corporate Books and Records
Title IX. Merger and Consolidation
Title X. Appraisal Right
Title XI. Nonstock Corporation
Chapter 1. Members
Chapter 2. Trustees and Officers
Chapter 3. Distribution of Assets
Title XII. Close Corporations
Title XIII. Special Corporations
Chapter 1. Educational Corporations
Chapter 2. Religious Corporations
Chapter 3. One Person Corporations
Title XIV. Dissolution
Title XV. Foreign Corporations
Title XVI. Investigations, Offenses, and Penalties
Title XVII. Miscellaneous Provisions

Regulatory Framework and Legal Issues in Business
Partnership
General Provisions
Obligations of the Partners
Section 1. - Obligations of the Partners Among Themselves
Section 2. - Property Rights of a Partner
Section 3. - Obligations of the Partners with Regard to Third Persons
Dissolution and Winding Up
Limited Partnership
Cooperative
General Concepts and Principles
Membership
Administration
Responsibilities, Rights, and Privileges of Cooperatives
Dissolution of Cooperatives
Capital, Property and Funds
Audit, Inquiry and Members’ Right to Examine
Allocation and Distribution of Net Surplus
Special Provisions Relating to Agragrian Reform Cooperatives
Special Provisions on Public Service Cooperatives
Special Provisions Relating to Cooperative Banks
Special Provisions Relating to Credit Cooperative
Special Provisions Relating to Cooperative Insurance
Miscellaneous Provisions
Final Provisions

Regulatory Framework and Legal Issues in Business
Law on Sales
Nature and form of contract
Capacity to buy or sell
Effects of the contract when the thing sold has been sold
Obligations of the vendee
Actions for breach of contract of sale of goods
Extinguishment of sale
Assignment of credits and other incorporeal rights
General Provisions
Law on Agency
Nature, form and kinds of agency
Obligations of the agent
Obligations of the principal
Modes of extinguishment of agency
Law on Pledge, Mortgage and Antichresis
Provisions common to pledge and mortgage
Pledge
Mortgage
Antichresis
Chattel Mortgage
Intellectual Property Code of the Philippines
PART I. The Intellectual Property of the Philippines
PART II. The Law on Patents
PART III. The Law on Trademarks, Service Marks and Trade Names
PART IV. The Law on Copyright
PART V. Final Provisions

INCOTAX ni Jayson Chan
Part I. Introductory Concepts
Chapter 1. Introduction to Taxation
Chapter 2. Taxes, Tax Laws, and Tax Administration
Part II. Income Recognition, Measurement and Reporting, and Taxpayer Classifications
Chapter 3. Introduction to Income Taxation
Chapter 4. Tax Schemes, Periods, and Methods and Reporting
Part III. Special Income Taxation
Chapter 5. Final Income Taxation
Chapter 6. Capital Gains Taxation
Part IV. Regular Income Taxation
Chapter 7. Introduction to Regular Income Taxation
Unit 1. General Rules on Gross Income
Chapter 8. Regular Income Taxation - Exclusions in Gross Income
Chapter 9. Regular Income Taxation- Inclusions in Gross Income
Unit 2. Special Rules on Gross Income
Chapter 10. Compensation Income
Chapter 11. Fringe Benefits Taxation
Chapter 12. Dealings in Properties
Unit 3. Deductions on Gross Income
Chapter 13. Principles of Deductions
Chapter 13-A. Regular Allowable Itemized Deductions
Chapter 13-B. Special Allowable Itemized Deductions and Net Operating Loss Carry Over
Chapter 13-C. Optional Standard Deduction
Unit 4. Specific Regular Tax Rules per Taxpayer Class
Sub-Unit 1. Special Regular Tax Rules for Individual Taxpayers
Chapter 14. Individual Income Taxation

INCOTAX ni Jayson Chan
Sub-Unit 2 Special Regular Tax Rules for Corporate taxpayers
Chapter 15-A. Corporate Income Taxation- Special Corporations
Chapter 15-B. Corporate Income Taxation- Regular Corporations
Part II. Income Recognition, Measurement and Reporting, and Taxpayer Classifications

Intermediate Accounting Retention 1 Exams: Created by Emmastudies

Uploaded by

Copyright:

Available Formats

Intermediate Accounting Retention 1 Exams: Created by Emmastudies

Uploaded by

Document Information

Original Description:

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Intermediate Accounting Retention 1 Exams: Created by Emmastudies

Uploaded by

Copyright:

Available Formats

INTERMEDIATE ACCOUNTING RETENTION 1 EXAMS

Done Related Standard Topics Weak Areas Theories Problems

Cash and Cash Equivalents

Estimation of Doubtful Accounts

Receivable Financing (Pledge, assignment, & factoring)

Receivable Financing (Discounting of NR)

IAS 2 Inventory Cost Flow

IAS 2 Lower of Cost and Net Realizable Value

IAS 2 Gross Profit Method

IAS 2 Retail Inventory Method

IFRS 9 Financial Asset at Fair Value

IAS 28 Investment in Equity Securities

IAS 28 Investment in Associate Basic Principles

IFRS 9 Investment in Associate Basic Other Accounting Issues

IFRS 9 Financial Asset at Amortized Cost

IFRS 9 Effective Interest Method

IFRS 9 Reclassification of Financial Asset

CREATED BY EMMASTUDIES EMMASTUDIES.COM | #EMMASTUDIES

IAS 40 Investment Property

IAS 16 Property, Plant, and Equipment

IAS 23 Borrowing Cost

IAS 16 Land and Building

IAS 16 Machinery Capital and Revenue Expenditure

IAS 16 Depreciation Straight Line and Variable Method

IAS 16 Depreciation Sum of years’ digit and declining balance

IAS 36 Impairment of Assets Individual Asset

IAS 36 Impairment of Assets Cash generating unit

IAS 38 Intangible Assets Goodwill

IAS 38 Identificable Intangible Assets

IAS 38 Research and Development Computer Software

CREATED BY EMMASTUDIES EMMASTUDIES.COM | #EMMASTUDIES

IAS 37 Provision Contingent Liability

Effective Interest Method

Compound Financial Instrument

Shareholders’ Equity Treasury Shares, rights issue, share split

Retained Earnings Dividends

Retained Earnings Appropiation and Quasi-Reorganization

IFRS 2 Share-based compensation Share options

IFRS 2 Share-based compensation Share appreciation right

Book Value per Share

IAS 33 Basic Earnings per Share

IAS 33 Diluted Earnings per Share

CREATED BY EMMASTUDIES EMMASTUDIES.COM | #EMMASTUDIES

IFRS 5 Non-current Asset Held for Sale

IAS 19 Post-employment Benefits

IFRS 16 Lessee Accounting Basic Principles

IFRS 16 Lessee Accounting Other Accounting Issues

IFRS 16 Operating Lease-Lessor

IFRS 16 Direct Financing Lease-Lessor

IFRS 16 Sales Type Lease-Lessor

IFRS 16 Sale and Leaseback

IFRS 12 Accounting for Income Taxes

IAS 8 Correction of Errors

CREATED BY EMMASTUDIES EMMASTUDIES.COM | #EMMASTUDIES

Introduction to Cost Accounting

Costs-Concepts and Classifications

Cost Accounting Cycle

Cost Volume Profit Analysis