西方財(cái)務(wù)會(huì)計(jì)培訓(xùn)教程(英文版)課件

西方財(cái)務(wù)會(huì)計(jì)培訓(xùn)教程(英文版)課件CHAPTER15STOCKHOLDERS’EQUITYIntermediateAccounting13thEditionKieso,Weygandt,andWarfield

CHAPTER15STOCKHOLDERSDiscussthecharacteristicsofthecorporateformoforganization.Identifythekeycomponentsofstockholders’equity.Explaintheaccountingproceduresforissuingsharesofstock.Describetheaccountingfortreasurystock.Explaintheaccountingforandreportingofpreferredstock.Describethepoliciesusedindistributingdividends.Identifythevariousformsofdividenddistributions.Explaintheaccountingforsmallandlargestockdividends,andforstocksplits.Indicatehowtopresentandanalyzestockholders’equity.LearningObjectivesDiscussthecharacteristicsofIssuanceofstockReacquisitionofsharesTheCorporateFormCorporateCapitalPreferredStockDividendPolicyPresentationandAnalysisStatecorporatelawCapitalstockorsharesystemVarietyofownershipinterestsFeaturesAccountingforandreportingpreferredstockFinancialconditionanddividenddistributionsTypesofdividendsStocksplitDisclosureofrestrictionsPresentationAnalysisStockholders’EquityIssuanceofstockTheCorporateThreeprimaryformsofbusinessorganizationTheCorporateFormofOrganizationProprietorshipPartnershipCorporationLO1Discussthecharacteristicsofthecorporateformoforganization.Specialcharacteristicsofthecorporateform:Influenceofstatecorporatelaw.Useofcapitalstockorsharesystem.Developmentofavarietyofownershipinterests.ThreeprimaryformsofbusinesStateCorporateLawTheCorporateFormofOrganizationLO1Discussthecharacteristicsofthecorporateformoforganization.Corporationmustsubmitarticlesofincorporationtothestateinwhichincorporationisdesired.GeneralMotors-incorporatedinDelaware.U.S.Steel

-incorporatedinNewJersey.Accountingforstockholders’equityfollowstheprovisionsofeachstatesbusinessincorporationact.StateCorporateLawTheCorporaCapitalStockorShareSystemTheCorporateFormofOrganizationLO1Discussthecharacteristicsofthecorporateformoforganization.Intheabsenceofrestrictiveprovisions,eachsharecarriesthefollowingrights:Toshareproportionatelyinprofitsandlosses.Toshareproportionatelyinmanagement(therighttovotefordirectors).Toshareproportionatelyinassetsuponliquidation.Toshareproportionatelyinanynewissuesofstockofthesameclass—calledthepreemptiveright.CapitalStockorShareSystemTVarietyofOwnershipInterestsTheCorporateFormofOrganizationLO1Discussthecharacteristicsofthecorporateformoforganization.Commonstockrepresentsbasicownershipinterest.Bearsultimaterisksofloss.Receivesthebenefitsofsuccess.Notguaranteeddividendsnorassetsupondissolution.Preferredstockiscreatedbycontract,whenstockholders’sacrificecertainrightsinreturnforotherrightsorprivileges,usuallydividendpreference.VarietyofOwnershipInterestsContributedCapitalRetainedEarningsAccountAdditionalPaid-inCapitalAccountLess:TreasuryStockAccountTwoPrimarySourcesofEquityCorporateCapitalLO2Identifythekeycomponentsofstockholders’equity.CommonStockAccountPreferredStockAccountAssets–Liabilities=EquityContributedCapitalRetainedEaIssuanceofStockAccountingproblems:

Parvaluestock.No-parstock.Stockissuedwithothersecurities.Stockissuedinnoncashtransactions.Costsofissuingstock.LO3Explaintheaccountingproceduresforissuingsharesofstock.CorporateCapitalSharesauthorized-Sharessold-SharesissuedIssuanceofStockAccountingprParValueStockLowparvalueshelpcompaniesavoidacontingentliability.Corporationsmaintainaccountsfor:PreferredStockorCommonStock.AdditionalPaid-inCapitalLO3Explaintheaccountingproceduresforissuingsharesofstock.CorporateCapitalParValueStockLowparvaluesBE15-1:KCCorporationissued300sharesof$10parvaluecommonstockfor$4,500.PrepareKC’sjournalentry.Cash 4,500 Commonstock(300x$10) 3,000Journalentry: Additionalpaid-incapital 1,500LO3Explaintheaccountingproceduresforissuingsharesofstock.CorporateCapitalBE15-1:KCCorporationissuedNo-ParStockReasonsforissuance:Avoidscontingentliability.Avoidsconfusionoverrecordingparvalueversusfairmarketvalue.LO3Explaintheaccountingproceduresforissuingsharesofstock.CorporateCapitalSomestatesrequirethatno-parstockhaveastatedvalue.No-ParStockReasonsforissuanBE15-2:SwartenCorporationissued600sharesofno-parcommonstockfor$8,200.PrepareSwarten’sjournalentryif(a)thestockhasnostatedvalue,and(b)thestockhasastatedvalueof$2pershare.Cash 8,200 Commonstock 8,200Journalentry:LO3Explaintheaccountingproceduresforissuingsharesofstock.CorporateCapitalCash 8,200 Commonstock(600x$2) 1,200 Additionalpaid-incapital 7,000a.b.BE15-2:SwartenCorporationiStockIssuedwithOtherSecuritiesTwomethodsofallocatingproceeds:theproportional

methodandtheincrementalmethod.LO3Explaintheaccountingproceduresforissuingsharesofstock.CorporateCapitalStockIssuedwithOtherSecuriBE15-4:RavonetteCorporationissued300sharesof$10parvaluecommonstockand100sharesof$50parvaluepreferredstockforalumpsumof$13,500.Thecommonstockhasamarketvalueof$20pershare,andthepreferredstockhasamarketvalueof$90pershare.LO3Explaintheaccountingproceduresforissuingsharesofstock.CorporateCapitalProportional

MethodBE15-4:RavonetteCorporationLO3Explaintheaccountingproceduresforissuingsharesofstock.CorporateCapitalCash 13,500 Preferredstock(100x$50) 5,000Journalentry(Proportional): Additionalpaid-incapital-preferred 3,100 Commonstock(300x$10) 3,000 Additionalpaid-incapital-common 2,400BE15-4:RavonetteCorporationissued300sharesof$10parvaluecommonstockand100sharesof$50parvaluepreferredstockforalumpsumof$13,500.Thecommonstockhasamarketvalueof$20pershare,andthepreferredstockhasamarketvalueof$90pershare.LO3ExplaintheaccountingprBE15-4:(Variation)RavonetteCorporationissued300sharesof$10parvaluecommonstockand100sharesof$50parvaluepreferredstockforalumpsumof$13,500.Thecommonstockhasamarketvalueof$20pershare,andthevalueofthepreferredstockisunknown.LO3Explaintheaccountingproceduresforissuingsharesofstock.CorporateCapitalIncremental

MethodBE15-4:(Variation)RavonetteLO3Explaintheaccountingproceduresforissuingsharesofstock.CorporateCapitalCash 13,500 Preferredstock(100x$50) 5,000Journalentry(Incremental): Additionalpaid-incapital-preferred 2,500 Commonstock(300x$10) 3,000 Additionalpaid-incapital-common 3,000BE15-4:(Variation)RavonetteCorporationissued300sharesof$10parvaluecommonstockand100sharesof$50parvaluepreferredstockforalumpsumof$13,500.Thecommonstockhasamarketvalueof$20pershare,andthevalueofthepreferredstockisunknown.LO3ExplaintheaccountingprStockIssuedinNoncashTransactionsThegeneralrule:

Companiesshouldrecordstockissuedforservicesorpropertyotherthancashateitherthe:fairvalueofthestockissuedorfairvalueofthenoncashconsiderationreceived,whicheverismoreclearlydeterminable.LO3Explaintheaccountingproceduresforissuingsharesofstock.CorporateCapitalStockIssuedinNoncashTransaLO3Explaintheaccountingproceduresforissuingsharesofstock.CorporateCapitalLand 80,000 Commonstock(24,000x$2) 48,000April1:Issued24,000sharesofcommonstockforland.Theaskingpriceofthelandwas$90,000;thefairmarketvalueofthelandwas$80,000. Additionalpaid-incapital 32,000E15-2:KathyCrystalCorporationwasorganizedonJanuary1,2010.Itisauthorizedtoissue500,000sharesofnoparcommonstockwithastatedvalueof$2pershare.Preparethejournalentrytorecordthefollowing.LO3ExplaintheaccountingprLO3Explaintheaccountingproceduresforissuingsharesofstock.CorporateCapitalOrganizationexpense 50,000 Commonstock(10,000x$2) 20,000Aug.1:Issued10,000sharesofcommonstocktoattorneysinpaymentoftheirbillof$50,000forservicesrenderedinhelpingthecompanyorganize. Additionalpaid-incapital 30,000E15-2:KathyCrystalCorporationwasorganizedonJanuary1,2010.Itisauthorizedtoissue500,000sharesofnoparcommonstockwithastatedvalueof$2pershare.Preparethejournalentrytorecordthefollowing.LO3ExplaintheaccountingprCostsofIssuingStockDirectcostsincurredtosellstock,suchasunderwritingcosts,accountingandlegalfees,printingcosts,andtaxes,shouldbereportedasareductionoftheamountspaidin(additionalpaid-incapital).LO3Explaintheaccountingproceduresforissuingsharesofstock.CorporateCapitalCostsofIssuingStockDirectcReacquisitionofSharesLO4Describetheaccountingfortreasurystock.Corporationspurchasetheiroutstandingstock:Toprovidetax-efficientdistributionsofexcesscashtoshareholders.Toincreaseearningspershareandreturnonequity.Toprovidestockforemployeestockcompensationcontractsortomeetpotentialmergerneeds.Tothwarttakeoverattemptsortoreducethenumberofstockholders.Tomakeamarketinthestock.CorporateCapitalReacquisitionofSharesLO4DePurchaseofTreasuryStockTwoacceptablemethods:Costmethod(morewidelyused).

ParorStatedvaluemethod.Treasurystock,reducesstockholders’equity.CorporateCapitalLO4Describetheaccountingfortreasurystock.PurchaseofTreasuryStockTwoCorporateCapitalIllustration:PacificCompanyissued100,000sharesof$1parvaluecommonstockatapriceof$10pershare.Inaddition,ithasretainedearningsof$300,000.LO4Describetheaccountingfortreasurystock.Illustration15-4CorporateCapitalIllustration:CorporateCapitalIllustration:PacificCompanyissued100,000sharesof$1parvaluecommonstockatapriceof$10pershare.Inaddition,ithasretainedearningsof$300,000.OnJanuary20,2010,Pacificacquires10,000sharesofitsstockat$11pershare.LO4Describetheaccountingfortreasurystock.Treasurystock 110,000 Cash 110,000CorporateCapitalIllustration:CorporateCapitalIllustration:Stockholders’equitysectionforPacificafterpurchaseofthetreasurystock.LO4Describetheaccountingfortreasurystock.Illustration15-5CorporateCapitalIllustration:SaleofTreasuryStockAboveCostBelowCostBothincreasetotalassetsandstockholders’equity.CorporateCapitalLO4Describetheaccountingfortreasurystock.SaleofTreasuryStockAboveCoCorporateCapitalCash 15,000 Treasurystock 11,000 Paid-incapitalfromtreasurystock 4,000Illustration:Pacificacquired10,000sharesofitstreasurystockat$11pershare.Itnowsells1,000sharesat$15pershareonMarch10.Pacificrecordstheentryasfollows.LO4Describetheaccountingfortreasurystock.CorporateCapitalCash 15,000ICorporateCapitalCash 8,000Paid-incapitalfromtreasurystock 3,000 Treasurystock 11,000Illustration:IfPacificsellsanadditional1,000sharesoftreasurystockonMarch21at$8pershare,itrecordsthesaleasfollows.LO4Describetheaccountingfortreasurystock.CorporateCapitalCash 8,000IlCorporateCapitalCash 8,000Paid-incapitalfromtreasurystock 1,000Retainedearnings 2,000 Treasurystock 11,000Illustration:AssumethatPacificsellsanadditional1,000sharesat$8pershareonApril10.LO4Describetheaccountingfortreasurystock.Illustration15-6CorporateCapitalCash 8,000IlRetiringTreasuryStockThisdecisionresultsincancellationofthetreasurystockandareductioninthenumberofsharesofissuedstock.CorporateCapitalLO4Describetheaccountingfortreasurystock.RetiringTreasuryStockThisdeFeaturesoftenassociatedwithpreferredstock.Preferenceastodividends.Preferenceastoassetsinliquidation.Convertibleintocommonstock.Callableattheoptionofthecorporation.Nonvoting.LO5Explaintheaccountingforandreportingofpreferredstock.PreferredStockFeaturesoftenassociatedwithCumulativeParticipatingConvertibleCallableRedeemableLO5Explaintheaccountingforandreportingofpreferredstock.PreferredStockFeaturesofPreferredStockAcorporationmayattachwhateverpreferencesorrestrictions,aslongasitdoesnotviolateitsstateincorporationlaw.Accountingforpreferredstockatissuanceissimilartothatforcommonstock.CumulativeLO5ExplaintheaccCash 120,000 Preferredstock 100,000 Paid-incapitalinexcessofpar 20,000Illustration:BishopCo.issues10,000sharesof$10parvaluepreferredstockfor$12cashpershare.Bishoprecordstheissuanceasfollows:LO5Explaintheaccountingforandreportingofpreferredstock.PreferredStockCash 120,000Illustration:BiLO6Describethepoliciesusedindistributingdividends.DividendPolicyDividenddistributionsgenerallyarebasedonaccumulatedprofits(retainedearnings).Fewcompaniespaydividendsinamountsequaltotheirlegallyavailableretainedearnings.

Why?Maintainagreementswithcreditors.Meetstateincorporationrequirements.Tofinancegrowthorexpansion.Tosmoothoutdividendpayments.Tobuildupacushionagainstpossiblelosses.LO6DescribethepoliciesuseCashdividends.Propertydividends.LO7Identifythevariousformsofdividenddistributions.TypesofDividendsDividendsrequireinformationconcerningthreedates:DateofdeclarationDateofrecordDateofpaymentLiquidatingdividends.Stockdividends.Cashdividends.LO7IdentifytCashDividendsBoardofdirectorsvoteonthedeclarationofcashdividends.Adeclaredcashdividendisaliability.Companiesdonotdeclareorpaycashdividendsontreasurystock.LO7Identifythevariousformsofdividenddistributions.TypesofDividendsCashDividendsLO7IdentifythIllustration:Whatwouldbethejournalentriesmadebyacorporationthatdeclareda$50,000cashdividendonMarch10,payableonApril6toshareholdersofrecordonMarch25?March10(DeclarationDate)Retainedearnings50,000Dividendspayable50,000March25(DateofRecord)

April6(PaymentDate)Dividendspayable50,000Cash50,000DebitCreditLO7Identifythevariousformsofdividenddistributions.CashDividendNoentryIllustration:WhatwouldbethPropertyDividendsDividendspayableinassetsotherthancash.Restateatfairvaluethepropertyitwilldistribute,recognizinganygainorloss.LO7Identifythevariousformsofdividenddistributions.TypesofDividendsPropertyDividendsLO7IdentifIllustration:AdividendisdeclaredJan.5thandpaidJan.25th,inbondsheldasaninvestment;thebondshaveabookvalueof$100,000andafairmarketvalueof$135,000.DateofDeclarationInvestmentinbonds 35,000Gainoninvestment35,000andDateofIssuancePropertydividendpayable135,000Investment

inbonds135,000DebitCreditRetainedearnings135,000Propertydividendpayable135,000LO7Identifythevariousformsofdividenddistributions.PropertyDividendIllustration:AdividendisdeLiquidatingDividendsAnydividendnotbasedonearningsreducescorporatepaid-incapital.LO7Identifythevariousformsofdividenddistributions.TypesofDividendsLiquidatingDividendsLO7IdenJune1(PaymentDate)April20(DeclarationDate)Retainedearnings 375,000Additionalpaid-incapital125,000DebitCreditDividendspayable500,000Dividendspayable 500,000Cash500,000BE15-12:GravesMiningCompanydeclared,onApril20,adividendof$500,000payableonJune1.Ofthisamount,$125,000isareturnofcapital.PreparetheApril20andJune1entriesforGraves.LO7Identifythevariousformsofdividenddistributions.LiquidatingDividendJune1(PaymentDate)April20StockDividendsIssuanceofownstocktostockholdersonaproratabasis,withoutreceivinganyconsideration.Whenstockdividendislessthan20–25percentofthecommonsharesoutstanding,companytransfersfairmarketvaluefromretainedearnings(smallstockdividend).LO8Explaintheaccountingforsmallandlargestockdividends,andforstocksplits.TypesofDividendsStockDividendsLO8Explainth10%stockdividendisdeclaredRetainedearnings 20,000Commonstockdividenddistributable500DebitCreditAdditionalpaid-incapital19,500StockissuedCommonstockdiv.distributable 500Commonstock500Illustration:

HHInc.has5,000sharesissuedandoutstanding.Thepershareparvalueis$1,bookvalue$32andmarketvalueis$40.StockDividendLO8Explaintheaccountingforsmallandlargestockdividends,andforstocksplits.10%stockdividendisdeclaredStockSplitToreducethemarketvalueofshares.Noentryrecordedforastocksplit.Decreaseparvalueandincreasednumberofshares.TypesofDividendsLO8Explaintheaccountingforsmallandlargestockdividends,andforstocksplits.StockSplitTypesofDividendsL2for1StockSplitNoEntry--Disclosurethatparisnow$.50andsharesoutstandingare10,000.StockDividendIllustration:

HHInc.has5,000sharesissuedandoutstanding.Thepershareparvalueis$1,bookvalue$32andmarketvalueis$40.LO8Explaintheaccountingforsmallandlargestockdividends,andforstocksplits.2for1StockSplitNoEntry--StockSplitandStockDividendDifferentiatedIfthestockdividendislarge,ithasthesameeffectonmarketpriceasastocksplit.Astockdividendofmorethan20–25percentofthenumberofsharespreviouslyoutstandingiscalledalargestockdividend.Withalargestockdividend,transferfromretainedearningstocapitalstocktheparvalueofthestockissued.TypesofDividendsLO8Explaintheaccountingforsmallandlargestockdividends,andforstocksplits.StockSplitandStockDividendIllustration:HHInc.has5,000sharesissuedandoutstanding.Thepershareparvalueis$1,bookvalue$32andmarketvalueis$40.50%stockdividendisdeclaredRetainedearnings 2,500Commonstockdividenddistributable2,500DebitCreditStockissuedCommonstockdividenddistributable2,500Commonstock2,500StockDividendLO8Explaintheaccountingforsmallandlargestockdividends,andforstocksplits.Illustration:HHInc.has5,00LO9Indicatehowtopresentandanalyzestockholders’equity.PresentationandAnalysisofStockholders’EquityPresentationBalanceSheetIllustration15-13LO9IndicatehowtopresentaLO9Indicatehowtopresentandanalyzestockholders’equity.PresentationandAnalysisofStockholders’EquityPresentationStatementofStockholders’EquityIllustration15-14LO9IndicatehowtopresentaRatioshowshowmanydollarsofnetincomethecompanyearnedforeachdollarinvestedbytheowners.AnalysisNetincome–PreferreddividendsAveragecommonstockholders’equityRateofReturnonCommonStockEquity=PresentationandAnalysisofStockholders’EquityLO9Indicatehowtopresentandanalyzestockholders’equity.RatioshowshowmanydollarsoPresentationandAnalysisofStockholders’EquityLO9Indicatehowtopresentandanalyzestockholders’equity.Illustration:Gerber’sInc.hadnetincomeof$360,000,declaredandpaidpreferreddividendsof$54,000,andaveragecommonstockholders’equityof$2,550,000Illustration15-15SolutionsonnotespagePresentationandAnalysisofItisimportanttosomeinvestorsthatthepayoutbesufficientlyhightoprovideagoodyieldonthestock.AnalysisCashdividendsPayoutRatio=PresentationandAnalysisofStockholders’EquityLO9Indicatehowtopresentandanalyzestockholders’equity.Netincome–PreferreddividendsItisimportanttosomeinvestPresentationandAnalysisofStockholders’EquityLO9Indicatehowtopresentandanalyzestockholders’equity.Illustration:TroyCo.hascashdividendsof$100,000andnetincomeof$500,000,andnopreferredstockoutstanding.Illustration15-16SolutionsonnotespagePresentationandAnalysisofTheamounteachsharewouldreceiveifthecompanywereliquidatedonthebasisofamountsreportedonthebalancesheet.AnalysisCommonstockholders’equityBookValuePerShare=PresentationandAnalysisofStockholders’EquityLO9Indicatehowtopresentandanalyzestockholders’equity.OutstandingsharesTheamounteachsharewouldrePresentationandAnalysisofStockholders’EquityLO9Indicatehowtopresentandanalyzestockholders’equity.Illustration:ChenCorporation’scommonstockholders’equityis$1,000,000andithas100,000sharesofcommonstockoutstanding.Illustration15-17SolutionsonnotespagePresentationandAnalysisofManycountrieshavedifferentinvestorgroupsthantheUnitedStates.Forexample,inGermany,financialinstitutionslikebanksarenotonlythemajorcreditorsbutoftenarethelargeststockholdersaswell.TheaccountingfortreasurystockretirementsdiffersbetweeniGAAPandU.S.GAAP.AmajordifferencebetweeniGAAPandU.S.GAAPrelatestotheaccountRevaluationSurplus.RevaluationsurplusarisesunderiGAAPbecausecompaniesarepermittedtorevaluetheirproperty,plant,andequipmenttofairvalueundercertaincircumstances.ManycountrieshavedifferentBothiGAAPandU.S.GAAPconsiderthestatementofstockholders’equityaprimaryfinancialstatement.However,underiGAAPacompanyhastheoptionofpreparingastatementofstockholders’equitysimilartoU.S.GAAPorpreparingastatementofrecognizedincomeandexpense(SoRIE).TheSoRIEreportstheitemsthatwerechargeddirectlytoequitysuchasrevaluationsurplusandthenaddsthenetincomefortheperiodtoarriveattotalrecognizedincomeandexpense.Inthissituation,additionalnotedisclosureisrequiredtoprovidereconciliationsofotherequityitems.BothiGAAPandU.S.GAAPconsiLO10Explainthedifferenttypesofpreferredstockdividendsandtheireffectonbookvaluepershare.DividendPreferencesIllustration:Assumethatin2010,MasonCompanyistodistribute$50,000ascashdividends,itsoutstandingcommonstockhasaparvalueof$400,000,andits6percentpreferredstockhasaparvalueof$100,000.1.Ifthepreferredstockisnoncumulativeandnonparticipating:Illustration15A-1SolutionsonnotespageLO10ExplainthedifferenttLO10Explainthedifferenttypesofpreferredstockdividendsandtheireffectonbookvaluepershare.Illustration:Assumethatin2010,MasonCompanyistodistribute$50,000ascashdividends,itsoutstandingcommonstockhasaparvalueof$400,000,andits6percentpreferredstockhasaparvalueof$100,000.2. Ifthepreferredstockiscumulativeandnonparticipating,andMasonCompanydidnotpaydividendsonthepreferredstockintheprecedingtwoyears:Illustration15A-2SolutionsonnotespageLO10ExplainthedifferenttLO10Explainthedifferenttypesofpreferredstockdividendsandtheireffectonbookvaluepershare.3. Ifthepreferredstockisnoncumulativeandisfullyparticipating:Illustration15A-3SolutionsonnotespageLO10ExplainthedifferenttLO10Explainthedifferenttypesofpreferredstockdividendsandtheireffectonbookvaluepershare.Illustration:Assumethatin2010,MasonCompanyistodistribute$50,000ascashdividends,itsoutstandingcommonstockhasaparvalueof$400,000,andits6percentpreferredstockhasaparvalueof$100,000.Illustration15A-4Solutionsonnotespage4. Ifthepreferredstockiscumulativeandisfullyparticipating,andMasonCompanydidnotpaydividendsonthepreferredstockintheprecedingtwoyears:LO10ExplainthedifferenttLO10Explainthedifferenttypesofpreferredstockdividendsandtheireffectonbookvaluepershare.BookValuePerShareBookvaluepershareiscomputedasnetassetsdividedbyoutstandingsharesattheendoftheyear.Thecomputationbecomesmorecomplicatedifacompanyhaspreferredstock.Illustration15A-5LO10ExplainthedifferenttLO10Explainthedifferenttypesofpreferredstockdividendsandtheireffectonbookvaluepershare.Assumethatthesamefactsexistexceptthatthe5percentpreferrediscumulative,participatingupto8percent,andthatdividendsforthreeyearsbeforethecurrentyearareinarrears.Illustration15A-6LO10ExplainthedifferenttCopyright?2009JohnWiley&Sons,Inc.Allrightsreserved.ReproductionortranslationofthisworkbeyondthatpermittedinSection117ofthe1976UnitedStatesCopyrightActwithouttheexpresswrittenpermissionofthecopyrightownerisunlawful.RequestforfurtherinformationshouldbeaddressedtothePermissionsDepartment,JohnWiley&Sons,Inc.Thepurchasermaymakeback-upcopiesforhis/herownuseonlyandnotfordistributionorresale.ThePublisherassumesnoresponsibilityforerrors,omissions,ordamages,causedbytheuseoftheseprogramsorfromtheuseoftheinformationcontainedherein.CopyrightCopyright?2009JohnWiley&西方財(cái)務(wù)會(huì)計(jì)培訓(xùn)教程(英文版)課件CHAPTER15STOCKHOLDERS’EQUITYIntermediateAccounting13thEditionKieso,Weygandt,andWarfield

CHAPTER15STOCKHOLDERSDiscussthecharacteristicsofthecorporateformoforganization.Identifythekeycomponentsofstockholders’equity.Explaintheaccountingproceduresforissuingsharesofstock.Describetheaccountingfortreasurystock.Explaintheaccountingforandreportingofpreferredstock.Describethepoliciesusedindistributingdividends.Identifythevariousformsofdividenddistributions.Explaintheaccountingforsmallandlargestockdividends,andforstocksplits.Indicatehowtopresentandanalyzestockholders’equity.LearningObjectivesDiscussthecharacteristicsofIssuanceofstockReacquisitionofsharesTheCorporateFormCorporateCapitalPreferredStockDividendPolicyPresentationandAnalysisStatecorporatelawCapitalstockorsharesystemVarietyofownershipinterestsFeaturesAccountingforandreportingpreferredstockFinancialconditionanddividenddistributionsTypesofdividendsStocksplitDisclosureofrestrictionsPresentationAnalysisStockholders’EquityIssuanceofstockTheCorporateThreeprimaryformsofbusinessorganizationTheCorporateFormofOrganization