Course Details

Previous Page


Accounting for Stock Transactions


Overview/Description
Target Audience
Prerequisites
Expected Duration
Lesson Objectives
Course Number



Overview/Description
One of the great advantages of a corporate form of organization is it allows otherwise unaffiliated people to join in mutual ownership of a business. Of course, accurate accounting of corporate transactions is imperative. In this course, you'll learn about the key characteristics of incorporated organizations. You'll explore how common equity transactions can affect the basic accounting equation as it pertains to the corporations' financial position. You'll also learn concepts and accounting processes for corporate transactions, including those involving common and preferred stocks, treasury stocks, and dividends.

Target Audience
Anyone either serving in an accounting role, or who just wants to have a working understanding of the accounting and bookkeeping functions

Prerequisites
None

Expected Duration (hours)
0.3

Lesson Objectives

Accounting for Stock Transactions

  • identify characteristics of incorporated organizations
  • identify how common equity transactions affect a corporation's financial position
  • recognize the steps for journalizing par value stock and no par value stock
  • sequence the steps for journalizing par value stock at above or below par value
  • match the steps of the cost method of accounting for treasury stock
  • Course Number:
    fin_09_a04_bs_enus