CHAPTER 15: Stockholders'
of stockholders' equity.
Treasury stock purchases, subsequent sales, and retirement (cost
Cash dividend allocation between preferred and common shareholders
when the preferred stock is cumululative versus noncumulative and
participating versus nonparticipating.
Cash dividends and stock dividends (small versus large).
on stockholders' equity of various stock and dividend
CHAPTER 16: Dilutive
Securities and Earnings Per Share
Accounting for stock warrants: proportional
method versus incremental method.
for stock options and compensation expense using versus
fair value method.
Basic and diluted EPS: know terms and calculations,
including weighted average; dilutive effect of the following securities:
convertible preferred stock, convertible bonds, and stock options.
CHAPTER 17: Investments
Securities as Investments: unrealized gains and losses for both the
trading classification and the available-for-sale classification.
Also be familiar with the held-to-maturity classification: know
how to record and where to record.
CHAPTER 18: Revenue
There are no questions from this chapter on the final exam.
19: Accounting for Income Taxes
Taxable income versus financial income: permanent differences versus temporary
Know types of transactions create a deferred tax asset or a deferred tax liability
Income tax loss carrybacks and carryforwards.
20: Accounting for Pensions and Postretirement Benefits
Pension plans: know all terms and types of pension expense adjustments.
21: Accounting for Leases
value of leased asset and lease obligation recorded by the lessee
the effects of a bargain purchase option and a guaranteed residual value.
Types of entries that the lessee would record.
CHAPTER 23: Statement of Cash Flows
Purpose of presenting a statement of cash flows.
Types of transactions
that would effect the operating, investing, and financing activities sections
of the statement of cash flows.