《会计学》课程教学资源（PPT课件讲稿）Chapter 11 Stockholders? Equity：Paid-in Capital

Slide 11-1 Chapter 11 Stockholders? Equity: Paid-in Capital Irwin/McGraw-Hill ?The McGraw-Hill Companies, Inc., 1999

?The McGraw-Hill Companies, Inc., 1999 Slide 11-1 Irwin/McGraw-Hill Chapter 11 Stockholders?Equity: Paid-in Capital

Slide 11-2 Corporations An entity created by law Privately, or Existence is separate from Ownership Closely, Held owners. can be Q000 Has rights and prIvileges. Publicly Held Irwin/McGraw-Hill ?The McGraw-Hill Companies, Inc., 1999

?The McGraw-Hill Companies, Inc., 1999 Slide 11-2 Irwin/McGraw-Hill Corporations Existence is separate from owners. An entity created by law. Has rights and privileges. Privately, or Closely, Held Publicly Held Ownership can be

Slide 11-3 Why businesses incorporate Stockholders have no personal liability Transferability of Privately, or ownership. Closely Held Professional Q000 management Continuity of existence Publicly Held Irwin/McGraw-Hill ?The McGraw-Hill Companies, Inc., 1999

?The McGraw-Hill Companies, Inc., 1999 Slide 11-3 Irwin/McGraw-Hill Why Businesses Incorporate Stockholders have no personal liability. Privately, or Closely Held Publicly Held Transferability of ownership. Professional management. Continuity of existence

Slide I Publicly Owned Corporations face Different rules Disclose financial information Financial statements prepared in accordance with GAAP ,tdf1441 CPAs must audit the financial statements Must comply with federal securities laws Must submit financial information for SEC review Irwin/McGraw-Hill ?The McGraw-Hill Companies, Inc., 1999

?The McGraw-Hill Companies, Inc., 1999 Slide 11-4 Irwin/McGraw-Hill Disclose financial information. Financial statements prepared in accordance with GAAP. CPAs must audit the financial statements. Must comply with federal securities laws. Must submit financial information for SEC review. Publicly Owned Corporations face Different Rules

Slide 11-5 Rights of stockholders Voting(in person or by proxy 0 Proportionate Rights distribution of dividends Proportionate Stockholders distribution of assets in a liquidation Irwin/McGraw-Hill ?The McGraw-Hill Companies, Inc., 1999

?The McGraw-Hill Companies, Inc., 1999 Slide 11-5 Irwin/McGraw-Hill Rights of Stockholders Stockholders Rights Voting (in person or by proxy). Proportionate distribution of dividends. Proportionate distribution of assets in a liquidation

Slide 11-6 Rights of stockholders Corporate Organization Chart Stockholders Ultimate Stockholders usually meet control once a vear Board of directors President Secretary Treasurer| Controller Other Vice Presidents Irwin/McGraw-Hill ?The McGraw-Hill Companies, Inc., 1999

?The McGraw-Hill Companies, Inc., 1999 Slide 11-6 Irwin/McGraw-Hill Rights of Stockholders Ultimate control Stockholders usually meet once a year. Corporate Organization Chart Secretary Treasurer Controller Other Vice Presidents President Board of Directors Stockholders

Slide 11-7 Rights of stockholders Corporate Organization Chart Stockholder ledgers are often Stockholders maintained by a stock transfer agent or stock Board of directors registrar. President Secretary Treasurer| Controller Other Vice Presidents Irwin/McGraw-Hill ?The McGraw-Hill Companies, Inc., 1999

?The McGraw-Hill Companies, Inc., 1999 Slide 11-7 Irwin/McGraw-Hill Rights of Stockholders Stockholder ledgers are often maintained by a stock transfer agent or stock registrar. Corporate Organization Chart Secretary Treasurer Controller Other Vice Presidents President Board of Directors Stockholders

Slide 11-8 Rights of stockholders Each unit of ownership is called a share of stock AMER CIN TELEHHONE AND昵 GRAPHI COMPANY A stock 412520 certificate serves I, lie(wiFe as proof that a 4 stockholder has SErU purchased shares 六 Irwin/McGraw-Hill ?The McGraw-Hill Companies, Inc., 1999

?The McGraw-Hill Companies, Inc., 1999 Slide 11-8 Irwin/McGraw-Hill Each unit of ownership is called a share of stock. A stock certificate serves as proof that a stockholder has purchased shares. Rights of Stockholders

Slide 11-9 Rights of stockholders When the stock is sold the stockholder signs a transter AMER CIN TELEHHONE AND昵 GRAPHI COMPANY endorsement on 412520 the back of the I, lie(wiFe stock certificate 4 SErU 六 Irwin/McGraw-Hill ?The McGraw-Hill Companies, Inc., 1999

?The McGraw-Hill Companies, Inc., 1999 Slide 11-9 Irwin/McGraw-Hill When the stock is sold, the stockholder signs a transfer endorsement on the back of the stock certificate. Rights of Stockholders

Slide 11-10 Functions of the board of directors Corporate Organization Chart Stockholders Overall Selected by a vote of the responsibility Board of Directors stockholders for managing the company. President Secretary Treasurer| Controller Other Vice Presidents Irwin/McGraw-Hill ?The McGraw-Hill Companies, Inc., 1999

?The McGraw-Hill Companies, Inc., 1999 Slide 11-10 Irwin/McGraw-Hill Functions of the Board of Directors Overall responsibility for managing the company. Selected by a vote of the stockholders Corporate Organization Chart Secretary Treasurer Controller Other Vice Presidents President Board of Directors Stockholders