T3 cheat sheet

T3 cheat sheet - Chapter 18 Postretirement Benefit EPBO = the actuaries estimate of the total postretirement benefits(at their discounted present

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Chapter 18: Postretirement Benefit EPBO = the actuaries estimate of the total postretirement benefits (at their discounted present value) expected to be received by plan participants APBO = the portion of the EPBO attributed to employee service to date or EPBO x years of service/Attribution period Attribution period = start of employment until full eligibility. Funded Status = End APBO – End Plan assets Restricted Stock Award: fair value at grant date x restricted shares = fair value of award Fair value of award / yrs until forfeiture = yearly compensation exp. Stock Options Fair value: market value at ( ) x # of options/ yrs until exercisable Intrinsic: grant date price – option price x options / years until options can be exercised SARS (Market Price – Date of Grant Price) x SARS x fraction of service to date – expensed earlier Fraction of service to date = years / years to vest Compensation expense xxx Liability – SAR plan xxx Chapter 19: Shareholder’s Equity Common Stock Preferred Stock Preferred dividend = preferred stock at par value x rate Cumulative = preferred stock gets paid in arrears Participative = If dividend exceeds percentage then it is divided between preferred and common based on total
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This note was uploaded on 02/08/2011 for the course ACC 440 taught by Professor Levendowski during the Spring '08 term at ASU.

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T3 cheat sheet - Chapter 18 Postretirement Benefit EPBO = the actuaries estimate of the total postretirement benefits(at their discounted present

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