tailieunhanh - Lecture Intermediate accounting (15th edition): Chapter 15 - Kieso, Weygandt, Warfield

Chapter 15 - Stockholders’ equity. After completing this chapter you should be able to: Discuss the characteristics of the corporate form of organization, identify the key components of stockholders’ equity, explain the accounting procedures for issuing shares of stock, describe the accounting for treasury stock. | Prepared by Coby Harmon University of California, Santa Barbara Intermediate Accounting Intermediate Accounting Prepared by Coby Harmon University of California, Santa Barbara Westmont College INTERMEDIATE ACCOUNTING F I F T E E N T H E D I T I O N Prepared by Coby Harmon University of California, Santa Barbara Westmont College kieso weygandt warfield team for success PREVIEW OF CHAPTER Intermediate Accounting 15th Edition Kieso Weygandt Warfield 15 Describe the policies used in distributing dividends. Identify the various forms of dividend distributions. Explain the accounting for small and large stock dividends, and for share splits. Indicate how to present and analyze stockholders’ equity. After studying this chapter, you should be able to: LEARNING OBJECTIVES Discuss the characteristics of the corporate form of organization. Identify the key components of stockholders’ equity. Explain the accounting procedures for issuing shares of stock. Describe the accounting for treasury stock. Explain the accounting for and reporting of preferred stock. Stockholders’ Equity 15 Three primary forms of business organization The Corporate Form of Organization Proprietorship Partnership Corporation LO 1 Special characteristics of the corporate form: Influence of state corporate law. Use of capital stock or share system. Development of a variety of ownership interests. State Corporate Law The Corporate Form of Organization Corporation must submit articles of incorporation to the state in which incorporation is desired. State issues a corporation charter. Advantage to incorporate in a state whose laws favor the corporate form of business organization. Delaware Accounting for stockholder’s equity follows the provisions of each states business incorporation act. LO 1 WHAT’S YOUR PRINCIPLE 129 NORTH ORANGE STREET LO 1 Capital Stock or Share System The Corporate Form of Organization In the absence of restrictive provisions, each share carries the following rights: To share . | Prepared by Coby Harmon University of California, Santa Barbara Intermediate Accounting Intermediate Accounting Prepared by Coby Harmon University of California, Santa Barbara Westmont College INTERMEDIATE ACCOUNTING F I F T E E N T H E D I T I O N Prepared by Coby Harmon University of California, Santa Barbara Westmont College kieso weygandt warfield team for success PREVIEW OF CHAPTER Intermediate Accounting 15th Edition Kieso Weygandt Warfield 15 Describe the policies used in distributing dividends. Identify the various forms of dividend distributions. Explain the accounting for small and large stock dividends, and for share splits. Indicate how to present and analyze stockholders’ equity. After studying this chapter, you should be able to: LEARNING OBJECTIVES Discuss the characteristics of the corporate form of organization. Identify the key components of stockholders’ equity. Explain the accounting procedures for issuing shares of stock. Describe the accounting for treasury .