對外經(jīng)貿(mào)會計課件專業(yè)英語

對外經(jīng)貿(mào)會計課件專業(yè)英語Limitedpersonalliabilityforstockholders、Transferabilityofownership、Professionalmanagement、Continuityofexistence、AdvantagesofIncorporationHeavytaxation、Greaterregulation、Costofformation、Separationofownershipandmanagement、DisadvantagesofIncorporationPubliclyOwnedCorporationsFaceDifferentRules

ByLAW,publiclyownedcorporationsmust:PreparefinancialstatementsinaccordancewithGAAP、HavetheirfinancialstatementauditedbyanindependentCPA、plywithfederalsecuritieslaws、SubmitfinancialinformationforSECreview、Thecostsassociatedwithincorporationareusuallyexpensedimmediately,butamortizedover5yearsfortaxpurposes、FormationofaCorporationEachcorporationisformedaccordingtothelawsofthestatewhereitislocated、TheapplicationforcorporatestatusiscalledtheArticlesofIncorporation、StockholdersRights

Voting(inpersonorbyproxy).

Proportionatedistributionofdividends.

Proportionatedistributionofassetsinaliquidation.RightsofStockholdersUltimatecontrolStockholdersusuallymeetonceayear、RightsofStockholdersUltimatecontrolStockholdersusuallymeetonceayear、Stockholderledgersareoftenmaintainedbyastocktransferagentorstockregistrar、RightsofStockholdersEachunitofownershipiscalledashareofstock、Astockcertificateservesasproofthatastockholderhaspurchasedshares、RightsofStockholdersWhenthestockissold,thestockholdersignsatransferendorsementonthebackofthestockcertificate、RightsofStockholdersOverallresponsibilityformanagingthepany、SelectedbyavoteofthestockholdersFunctionsoftheBoardofDirectors大家學(xué)習(xí)辛苦了，還是要堅持繼續(xù)保持安靜ChiefAccountantContractualandlegalrepresentationCustodianoffundsFunctionsoftheCorporateOfficersStockholders’EquityofaCorporationThemaximumnumberofsharesofcapitalstockthatcanbesoldtothepublic、AuthorizedSharesAuthorizationandIssuance

ofCapitalStockIssuedsharesareauthorizedsharesofstockthathavebeensold.Unissuedsharesareauthorizedsharesofstockthatneverhavebeensold.Usuallysharesaresoldthroughanunderwriter、AuthorizedSharesAuthorizationandIssuance

ofCapitalStockUnissuedSharesTreasurySharesOutstandingSharesTreasurysharesareissuedsharesthathavebeenreacquiredbythecorporation、IssuedSharesOutstandingsharesareissuedsharesthatareownedbystockholders、AuthorizedSharesAuthorizationandIssuance

ofCapitalStockParvalueisanarbitraryamountassignedtoeachshareofstockwhenitisauthorized、Marketpriceistheamountthateachshareofstockwillsellforinthemarket、Stockholders’Equitymonstockcanbeissuedinthreeforms:No-ParmonStockParValuemonStockStatedValuemonStockLet’sexaminethisformofstock、AllproceedscreditedtoCommonStockTreatedlikeparvaluecommonstockStockholders’EquityPreparethejournalentrytorecordanissuanceof10,000sharesof$2parvaluestockfor$25persharewhichoccurredonSeptember1,2005、Record:Thecashreceived、Thenumberofsharesissued×theparvaluepershareinthemonStockaccount、TheremainderisassignedtoContributedCapitalinExcessofPar、IssuanceofParValueStockThejournalentrytorecordanissuanceof10,000sharesof$2parvaluestockfor$25pershareonSeptember1,2005,shouldincludeacredittomonstockfortheparvalueofthesharesissued、IssuanceofParValueStockIssuanceofParValueStockAseparateclassofstock,typicallyhavingpriorityovermonsharesin、、、Dividenddistributions(rateisusuallystated)、Distributionofassetsincaseofliquidation、Cumulativedividendrights、Normallyhasnovotingrights、Usuallycallablebythepany、OtherFeaturesInclude:PreferredStockVs.NoncumulativeCumulativeDividendsinarrearsmustbepaidbeforedividendsmaybepaidonmonstock、Undeclareddividendsfromcurrentandprioryearsdonothavetobepaidinfutureyears、CumulativePreferredStockExample:ConsiderthefollowingpartialStatementofStockholders’Equity、During2004,thedirectorsdeclarecashdividendsof$5,000、Inyear2005,thedirectorsdeclarecashdividendsof$42,000、StockPreferredastoDividendsExample:ConsiderthefollowingpartialStatementofStockholders’Equity、During2000,thedirectorsdeclarecashdividendsof$5,000、Inyear2001,thedirectorsdeclarecashdividendsof$42,000、StockPreferredastoDividendsIjustconverted100sharesofpreferredstockinto1,000sharesofmonstockandendedupwithahigherdividendyield!Gee,Ican’tdothatwithMYpreferredstock!Somepreferredstockisconvertibleintosharesofmonstock、OtherFeaturesofPreferredStockPreferredStockIlovethisstuff!Canwedosomemore?Accountingbytheissuer、Accountingbytheinvestor、monstockiscarriedatoriginalissueprice、Investmentsinmarketablesecuritiesarecarriedatmarketvalue、MarketValue

Factorsaffectingmarket

priceofpreferredstock:DividendrateRiskLevelofinterestratesThereturnbasedonthemarketvalueiscalledthe“dividendyield、”MarketPriceofPreferredStock

Factorsaffectingmarketpriceofmonstock:Investors’expectationsoffutureprofitability、Riskthatthislevelofprofitabilitywillnotbeachieved、Changesinmarketvaluehavenoimpactonthebooksoftheissuer、MarketPriceofmonStockBookValueperShare

ofmonStockTotalStockholders’EquityNumberofCommonSharesOutstandingPreferreds