Mid-Term Review by 6PffIT

VIEWS: 12 PAGES: 6

									      Chapters 14 - 16:
      Mid-Term Review

      Chapter 14 Partnerships
Chapter 15 – Corporations (Shares and
              Dividends)
   Chapter 16 – Reporting Income
             Information
   Chapter 14 - Partnerships

Distribution of Income.

Admission and withdrawals of
 partners.

Liquidation of a partnership.
   Chapter 15 - Corporations

 Organizing a corporation (share classes and
  issuance of shares).

 Cash Dividends:
    Preferred share features (cumulative and non-
     cumulative).


 Share Values:
    Book Value per share (both common and
     preferred).
      Chapter 16 – Corporate
            Reporting

 Four areas of income statement
   Income from continuing operations,
   Income from discontinued operations,
   Extraordinary items,
   Earnings per share


 Share Dividends/Splits (Reverse Splits)
       Chapter 16 – Corporate
             Reporting
 Earnings per share (may need to calculated
  Weighted Average Number of Shares Outstanding)

 Retirement of Shares/Treasury Shares

 Accounting changes:

     1. Change in Accounting Estimates
     2. Change in Accounting Principles
     3. Accounting Errors
Chapters 14 - 16:
Mid-Term Review

    Questions?

								
To top