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ACC 541 Week 6 DQ 1

ACC 541 Week 6 DQ 1
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Week 6 – DQ 1

A corporation may use stock splits and stock dividends to change the number of shares of its stock outstanding.

From an accounting viewpoint, explain how the stock split effected in the form of a dividend differs from an ordinary stock dividend.

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As a Staff I assigned to the audit of a publicly traded company, your senior has asked you to evaluate both share-based payment reporting and special purpose entities (SPE) reporting for the company.


Research share-based payment reporting and SPE reporting individually.


Write a 700- to 1,050-word executive memo as a team that includes a description of what you will look for to see if the client is consistent with the generally accepted accounting principles (GAAP). Pay particular attention to accounting treatment of share-based payment and accounting consolidation theory as it relates to special purpose entities. Keep the memo as brief as possible while fully exploring the issues.


Format your paper consistent with APA guidelines, including appropriate citations and references. Run your paper through WritePointSM and Plagiarism Checker.

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