FAR

The FASB's conceptual framework, qualitative characteristics, and the required financial statements.

Classified balance sheet structure, multi-step income statement, and discontinued operations presentation.

Direct vs indirect method, and classifying activities as operating, investing, or financing.

Recognized vs non-recognized subsequent events and management's going-concern evaluation.

The 5-step revenue model: contracts, performance obligations, transaction price, allocation, and recognition timing.

Cash equivalents, the CECL expected-credit-loss model, and factoring receivables.

Cost flow assumptions, lower of cost and net realizable value, and the periodic vs perpetual systems.

Capitalization, depreciation methods, subsequent expenditures, and asset impairment.

Finite vs indefinite-lived intangibles, R&D costs, and the goodwill impairment test.

Classifying and measuring debt securities (HTM, trading, AFS) and the equity method for significant influence.

Lessee finance vs operating leases, right-of-use assets, and lease liability measurement.

Accrued liabilities, loss contingency recognition thresholds, and warranty accounting.

Bond issuance at premium/discount, effective-interest amortization, and troubled debt restructuring.

Stock transactions, treasury stock, and basic vs diluted EPS calculations.

Temporary differences, deferred tax assets/liabilities, and the valuation allowance.

Change in principle, estimate, and entity, plus prior-period error correction.

Acquisition method basics, goodwill calculation, and noncontrolling interest.

Net asset classification and contribution recognition for nonprofit entities.

Fund accounting basics and the modified accrual basis used by governmental funds.

Operating segment identification and the integral-view approach to interim financial reporting.