INTERMEDIATE ACCOUNTING <CUSTOM LL>
10th Edition
ISBN: 9781260887068
Author: SPICELAND
Publisher: MCG CUSTOM
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Chapter 19, Problem 19.28E
(1)
To determine
Financial Accounting Standards Board (FASB): FASB is the organization which creates, develops, and approves accounting standards; and administrates GAAP.
To mention: The specific citation for accounting for initial measurement of stock options
(2)
To determine
To mention: The specific citation for accounting for measurement date for share-based payments that are classified as liabilities
(3)
To determine
To mention: The specific citation for accounting for formula for determination of diluted earnings per share
(4)
To determine
To mention: The specific citation for accounting method for stock splits or stock dividends in the current year which affects the presentation of ESP in the income statement
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Access the FASB Accounting Standards Codification at the FASB website and select Basic View for free access. Determine
the specific seven-, eight-, or nine-digit Codification citation (XXX-XX-XX-X) for accounting for each of the following items:
Required:
1. Initial measurement of stock options.
2. The measurement date for share-based payments classified as liabilities.
3. The formula to calculate diluted earnings per share.
4. The way stock dividends or stock splits in the current year affect the presentation of EPS in the income statement.
zed
3. Which of the following reclassifications of financial assets is
permitted under PFRS 9?
a. Reclassification from FVPL designation to Amortized cost
b. Reclassification from FVOCI (election) to FVPL
C. Reclassification from held for trading equity securities to
the
if a
ord,
amortized cost
d. Reclassification from amortized cost and to FVPL
of
Required Information
Knowledge Check 01
Which of the following statements about disclosures relating to EPS are true? (Select all that apply.)
Check All That Apply
A reconciliation is required of the numerator and denominator used in the basic EPS computations to the numerator and the denominator
used in the diluted EPS computations.
Any adjustments to the numerator for preferred dividends must be disclosed.
Any potential common shares that weren't included because they were dilutive must be disclosed.
Any transactions that occurred before the end of the most recent period that would materially affect earnings per share.
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Chapter 19 Solutions
INTERMEDIATE ACCOUNTING <CUSTOM LL>
Ch. 19 - Prob. 19.1QCh. 19 - Prob. 19.2QCh. 19 - The Tax Code differentiates between qualified...Ch. 19 - Stock option (and other share-based) plans often...Ch. 19 - What is a simple capital structure? How is EPS...Ch. 19 - Prob. 19.6QCh. 19 - Blake Distributors had 100,000 common shares...Ch. 19 - Why are preferred dividends deducted from net...Ch. 19 - Prob. 19.9QCh. 19 - The treasury stock method is used to incorporate...
Ch. 19 - The potentially dilutive effect of convertible...Ch. 19 - How is the potentially dilutive effect of...Ch. 19 - Prob. 19.13QCh. 19 - If stock options and restricted stock are...Ch. 19 - Wiseman Electronics has an agreement with certain...Ch. 19 - Prob. 19.16QCh. 19 - When the income statement includes discontinued...Ch. 19 - Prob. 19.18QCh. 19 - Prob. 19.19QCh. 19 - (Based on Appendix B) LTV Corporation grants SARs...Ch. 19 - Prob. 19.1BECh. 19 - Prob. 19.2BECh. 19 - Prob. 19.14BECh. 19 - Prob. 19.15BECh. 19 - Prob. 19.10ECh. 19 - EPS; concepts; terminology LO195 through LO1913...Ch. 19 - FASB codification research LO192 The FASB...Ch. 19 - Prob. 19.28ECh. 19 - Communication Case 1911 Dilution LO199 I thought...Ch. 19 - Prob. 19.12DMP
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