Chapter 1, Problem 1.12EYCT

Richardson Company is contemplating the establishment of a share-based compensation plan to provide long-run incentives for its top management. However, members of the compensation committee of the board of directors have voiced some concerns about adopting these plans, based on news accounts related to a recent accounting standard in this area. They would like you to conduct some research on this recent standard so they can be better informed about the accounting for these plans.InstructionsIf your school has a subscription to the FASB Codification, go to http://aaahq.org/ascLogin.cfm to log in and prepare responses tothe following. Provide Codification references for your responses. (a) Identify the authoritative literature that addresses the accounting for share-based payment compensation plans.(b) Briefly discuss the objectives for the accounting for stock compensation. What is the role of fair value measurement?(c) The Richardson Company board is also considering an employee…

You were asked to make a presentation to a group of CSEC students on some areas related to non-profit making organisations. The specific areas are: i difference between accounts for non-profit and for-profit organisations 11. examples of non-profit organisations in your country 111. an explanation of the use of a subscription account iv. preparing a subscription account from given data For your presentation, research (i), (ii), (iii) and use the data below to complete (iv). A drama club charges its members an annual subscription of $40 per member. It accrues for subscriptions owing at the end of each year and also adjusts for subscriptions received in advance. i. ii. 111. On January 1, 2022, 36 members owed $720 for the 2021 year In December 2021, 8 members paid $160 for the year 2022 During the year 2022 the club received cash for subscriptions $$14,840 $720 $13840 $280 iv. At the end of December 31, 2022, 11 members had not paid their 2022 subscriptions. For 2021 For 2022 For 2023

Write a 700 words that analyzes the differences between generally accepted accounting principles for public and private colleges and universities.  Explain why it is important to identify whether the institution is Public or Private.  Clarify which of the two—public or private—follow the same reporting guidelines as nongovernmental not-for-profit organizations.    Analyze, in general terms, the financial statements that must be prepared by a private college or university and those that must be prepared by a public college or university. Identify the major format differences in financial reporting for public and private colleges and universities.  Formulate an opinion about which statement provides more transparent information regarding revenues and on the amounts of restricted resources.

Advanced Accounting requires many rules and regulations. The latter come from many sources. In your Journal this week you will research two rules or regulations that pertain to Advanced Accounting topics and submit them to your Unit 1 Journal. For each of the rules or regulations, answer the following questions. What is the name of the rule or regulation? What agency or government created the rule or regulation? Does any agency or government have the power to enforce the rule or regulation? If so how? If not, does this hinder the enforcement of the rule or regulation?

To incorporate, which of the following will the state want to know about your company? A. board of director education level B. the purpose of your business O C. the gross profit from the first quarter O D. first year, gross profit goals SUBMIT

If you were given the task of creating a Corporate Code of Ethics.  What are some of the items that you would include?  Feel free to research corporate websites and view existing corporate code of ethic's reports.  Required: Please respond by including at least five items that you would include in your new Corporate code of Ethics.

The board of directors of Earth Rock's!, a nonprofit organization focused on environmental protection, hypothesizes that individuals are more likely to donate if they see evidence that their donations are used primarily for program activities rather than administrative and fund-raising costs. To get a sense of how its own cost structure compares to other groups, the board decides to benchmark the financial performance of Earth Rocks! against several other environmental organizations. The data for Earth Rocks! and the other environmental organizations appear below   Program Expenditures Fund-raising Costs Administrative Costs Total Costs Earth Rocks 374,900 98,000 121,400 594,300 Weed Lovers 421,000 104,300 98,350 623,650 Flora and Fauna 353,000 97,600 71,840 522,840 Leaf It Be 501,900 89,000 109,750 700,650 Nature's Gift 455,470 71,000 82,450 608,920 Use these data to benchmark Earth Rocks! against the other environmental organizations. How does Earth Rocks! compare to…

Which of the following accounting rules apply to all not-for-profit organizations? (Select all that apply.)   The financial statements must include a statement of functional expenses   The balance sheet must segregate assets according to restrictions on their use.   The balance sheet must segregate current assets from long-term assets.   The balance sheet must show reserves for likely amount of bad debts.   Equipment must be reported net of accumulated depreciation.   The activity statement must report expenses as decreases in net assets with donor restrictions.   The activity statement must segregate revenues according to restrictions on their use.

Active In order for a company to distribute its financial statements to the public, it is required to follow the "generally accepted accounting principles" (GAAP). GAAF assumptions, and methods. A company generally lists the significant accounting policies as the first note in the financial statements. Review the financial stat Statement Analysis Report. Select two of the significant accounting policies and discuss how each policy impacts the financial reporting for that entity. To part to a peer's discussion post, and identify how the reporting standards are different or similar for the company the peer is reporting on.