CONNECT ONLINE ACCESS FOR INTERMEDIATE
CONNECT ONLINE ACCESS FOR INTERMEDIATE
10th Edition
ISBN: 9781264798834
Author: SPICELAND
Publisher: MCG
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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. Prev. 18 of 18 Next IMG-1894.jpg IMG-1895.jpg IMG-1896.ipg
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