会计学清华大学已有收入与支出学生大软件站.ppt

Reporting the Results of Operations Discontinued Operations Discontinued Operations Discontinued Operations Example Discontinued Operations Example Discontinued Operations Example Extraordinary Items Material in amount. Gains or losses that are both unusual in nature and not expected to recur in the foreseeable future. Reported net of related taxes. Extraordinary Items Example Extraordinary Items Example Extraordinary Items Example Accounting Changes Change in Accounting Principle Occurs when changing from one GAAP method to another GAAP method. Make a catch-up adjustment known as the cumulative effect of a change in accounting principle. The cumulative effect is reported net of taxes and after extraordinary items. Change in Accounting Principle Example Change in Accounting Principle Example Change in Accounting Principle Example Change in Estimates Revision of a previous accounting estimate. The new estimate should be used in the current and future periods. The prior accounting results should not be disturbed. Change in EstimatesExample Change in EstimatesExample Price-earnings Ratio (P/E) Earnings Per Share (EPS) Earnings Per Share (EPS) -Partial Income Statement Earnings Per Share (EPS) -Partial Income Statement Earnings Per Share (EPS) Accounting for Cash Dividends Dividend Dates Date of Declaration Board of directors declares the dividend. Record a liability. Dividend Dates Ex-Dividend Date The day which serves as the ownership cut-off point for the receipt of the most recently declared dividend. Dividend Dates Dividend Dates Dividend DatesQuestion Dividend DatesQuestion Accounting for Stock Dividends Summary of Effects of Stock Dividends and Stock Splits Prior Period Adjustments Comprehensive Income Comprehensive Income Comprehensive Income X Date of Record Stockholders holding shares on this date will receive the dividend. (No entry) Date of Payment Record the payment of the dividend to stockholders. On June 1, 1999 a corporation’s board of dire