Combinations & Special Reporting
HardFind each FAR term hidden in the grid. Selecting a word reveals its definition and a link to study it in depth.
6 terms · Choose how you want to study
New to the CPA Exam (Core Sections) exam? Read our how-to-pass guide →
Study modes
- Word Search Hunt hidden terms in a grid, then unlock each definition.
- Flashcards Spaced-repetition recall — graded cards that resurface right before you forget.
- Quiz Multiple-choice practice in real exam format, with instant feedback.
Terms in this set
- Consolidation Combining the financial statements of a parent and its controlled subsidiaries into one set of statements.
- Goodwill The excess of the purchase price over the fair value of identifiable net assets acquired in a business combination.
- Equity Method An investment accounting method used when the investor has significant influence over the investee.
- Comprehensive Income The change in equity from non-owner sources, equal to net income plus other comprehensive income.
- Statement of Stockholders Equity A statement reconciling the beginning and ending balances of each component of equity.
- Fund Accounting Accounting that segregates resources into funds to track restrictions and accountability in government and nonprofit entities.