This course discusses generally accepted accounting principles (GAAP) for reporting stockholder's equity on the balance sheet. Stockholders' equity represents the cumulative net contributions by stockholders plus accumulated earnings less dividends. Stockholders' equity is synonymous with net worth, or net assets (assets less liabilities). This course discusses the accounting, financial statement presentation, and disclosures associated with preferred and common stock, stock retirement, treasury stock, dividends, appropriation of retained earnings, stock splits, stock warrants (including fractional share warrants), and quasi-reorganization.

Objectives:
Preferred Stock
Common Stock
Accounting for Stock Subscriptions
Accounting for Defaults of Stock Subscriptions
Treasury Stock
Dividends
Restrictions of Retained Earnings
Stock Splits
Stock Warrants
Restricted (Nonvested) Stock
Fractional Share Warrants
Stock Rights
Reverse Spinoffs
Indexed to Stock
Redeemable Equity Instruments
Quasi-Reorganization
Disclosure
Dividends
Restrictions of Retained Earnings
Stock Splits


Topics Covered:

• Preferred Stock
• Accounting for Stock Subscriptions
• Stock Splits
• Redeemable Equity Instruments
• Qualcomm
• Treasury Stock
• Restrictions of Retained Earnings
• Reverse Spinoffs
• Quasi-Reorganization
• Walt-Disney

Delivery Method: Online Self Study

Level: Basic

Prerequisites: None

Category: Accounting

Passing Score: 70%

NASBA: Yes QAS Self Study

Author: Delta Publishing

ABOUT THE SUBJECT MATTER EXPERT:
Dr. Jae K. Shim is Professor of Business at California State University, Long Beach,
California. Dr. Shim received his MBA and Ph.D. degrees from the University of California at Berkeley (Haas School of Business.) He has co-authored over 50 professional business books and has been a consultant to commercial and nonprofit organizations for over 30 years.