August 2014
Intermediate to advanced
1384 pages
55h 56m
English
book
Intermediate Accounting: IFRS Edition, 2nd Edition
by Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
Content preview from Intermediate Accounting: IFRS Edition, 2nd Edition
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LEARNING OBJECTIVES
After studying this chapter, you should be able to:
- 1 Describe the accounting for the issuance, conversion, and retirement of convertible securities.
- 2 Explain the accounting for convertible preference shares.
- 3 Contrast the accounting for share warrants and for share warrants issued with other securities.
- 4 Describe the accounting for share compensation plans.
- 5 Discuss the controversy involving share compensation plans.
- 6 Compute earnings per share in a simple capital structure.
- 7 Compute earnings per share in a complex capital structure.
Kicking the Habit
Some habits die hard. Take share options—called by some “the crack cocaine of incentives.” Share options are a form of compensation that gives key employees the choice to purchase shares at a given (usually lower-than-market) price. For many years, companies were hooked on these products. Why? The combination of a hot equity market and favorable accounting treatment made share options the incentive of choice. They were compensation with no expense to the companies that granted them, and the share options were popular with key employees, so companies granted them with abandon. However, the accounting rules that took effect in 2005 required expensing the fair value of share options.
This new treatment has made it easier for companies to kick this habit. As shown in the chart on the left, a review of option ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.