|Author :||Jae K. Shim, Ph.D., CPA|
|CPE Credits :||3.0|
|IRS Credits :||0|
|Passing Score :||70%|
|Course Type:||NASBA QAS - Text - Technical - NASBA Registry|
|Primary Subject-Field Of Study:||
Accounting - Accounting for Course Id 603
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.
|Usage Rank :||0|
|Experience Level :||Overview|
|Additional Contents :||Complete, no additional material needed|
|Additional Links :|
|Advance Preparation :||None|
|Delivery Method :||QAS Self Study|
|Intended Participants :||Anyone needing Continuing Professional Education (CPE)|
|Revision Date :||20-Sep-2019|
|NASBA Course Declaration :||Participants must complete the final examination within one year of purchase and with a minimum passing grade of 70% or better to receive CPE credit unless otherwise noted on the Course History page (i.e. California Ethics must score 90% or better). After logging in click on the Course History links on your My Courses page for the Begin date and Expire date for the Final Exam.|
|Approved Audience :||
NASBA QAS - Text - Technical - NASBA Registry - 603
|Keywords :||Accounting, Stockholders, Equity, Accounting, Reporting, cpe, cpa, online course|
|Learning Objectives :||
Course Learning ObjectivesAfter completing this section, you should be able to:
2. Differentiate between stock retirement and treasury stock.
3. Explain reasons for acquiring treasury stock.
4. Compute payment of dividends, including stock dividend, property dividend, and scrip dividend.
5. State reasons for splitting stocks.
6. Differentiate between stock rights and warrants.
7. Explain how stockholders’ equity is presented.
|Course Contents :||
Chapter 1 - Stockholders' Equity: Accounting and Reporting
Annual Report References