ACC 497 Week 3 Final Assignment Help | University Of Phoenix
- University of Phoenix / ACC 497
- 18 Oct 2019
- Price: $12
- Other / Other
ACC 497 Week 3 Final Assignment Help | University Of Phoenix
Final Grade
1. Discuss with
your team the following case study:
Client X offers a generous employee compensation package that includes employee stock options.
The exercise price has always been equal to the market price of the stock at
the date of the grant. The corporate controller, John Jones, believes that employee
stock options, like all obligations to issue the corporation's own stock, are
equity. The new staff accountant, Marcy Means, disagrees. Marcy argues that
when a company issues the stock for less than the current value, the value of pre-existing
stockholders' shares is diluted.
Pretend you
are hired to debate the issue of the proper treatment of options written on a
company's own stock.
Write a
team paper response of 550 to 700 words in which you address the following
requirements:
o Describe
how Client X should account for its employee stock option plan under existing
GAAP.
o Write
a summary of your argument, citing concepts and definitions to buttress your
case, assuming:
o You
are siding with John.
o You
are siding with Marcy.
Format your
submission consistent with APA guidelines.
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