INTERMEDIATE ACCOUNTING
10th Edition
ISBN: 9781264046249
Author: SPICELAND
Publisher: MCG
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Question
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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Students have asked these similar questions
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
Intermediate Accounting 105
May I please have a GAAP explanation, along with examples providing concepts?
Under what conditions should a short-term obligation be excluded from current liabilities?
Thank you so much
Chapter 19 Solutions
INTERMEDIATE ACCOUNTING
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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Similar questions
- Access the FASB Accounting Standards Codification at the FASB website ( asc.fasb.org ). Determine the specific citation for accounting for each of the following items: 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.arrow_forwardQ12. The following are commonly used plug items, except a. cash and marketable securities b. equity c. short-term debt d. long-term debt e. all of the choicesarrow_forwardExplanation The margin requirement is set by the b. SEC (SecuritiesanExcharrow_forward
- Accounting type Question: Securities premium reserve account is shown on the liabilities side in the balance sheet under the heading A. Reserves and surplus B. Current liabilities and provisions C. Share capital D. All of thesearrow_forwardRequired 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. Prev. 18 of 18 Next IMG-1894.jpg IMG-1895.jpg IMG-1896.ipgarrow_forwardExercise 15-1 (Static) Debt and equity securities and short- and long-term investments LO C1 Complete the following descriptions by selecting the appropriate option. 1. Debt securities reflect a(n) 2. Equity securities reflect a(n) 3. Short-term investments are securities that (1) management intends to convert to cash within or the 4. Long-term investments in securities are defined as those securities that are convertible to cash or are relation such as with investments in notes and bonds. relation such as with investments in shares of stock. whichever is longer, and (2) are readily convertible to to be converted into cash in the short term.arrow_forward
- QUESTION 10 Which of the following statements about registering securities with the SEC is not true? Oa. it is an inexpensive process b. it requires the disclosure of accounting information c. it is a time-consuming process d. it provides information to prospective investorsarrow_forwardWrite the definition, recognition, measurement and derecognition of Provision PAS 37 Financial instruments- Presentation PAS 32arrow_forwardp6 According to M&M Proposition 2, the cost of a firm’s common stock is directly related to the rating of its common stock in the market. the number of shares outstanding. its asset turnover ratio. its debt-equity ratio.arrow_forward
- Q42 Which item would NOT form part of the shareholders' equity of a company on the statement of financial position? Select one: a. Ordinary share capital b. Retained Earnings c. Trade payables d. Share premiumarrow_forwardQuestion: about IFRS 2. Evaluate whether the treatment of the two types of share-based payments as equity (equity- settled share based payment) or liability(cash settled share-based payment) is in line with the enhancing qualitative characteristics in the IASB Conceptual Framework?arrow_forwardThe process of admitting securities for trading on a recognized stock exchange Oa. Issuing Ob Investing Oc. Listing Ⓒd. None of thesearrow_forward
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