UMKC Bloch · Accounting
Master thestandards. Your study partner for stock compensation, income taxes, and leases. Ask a question, work through a journal entry, or have it quiz you, with answers grounded in FASB guidance.
Stock Compensation Options, RSUs, and share-based awards
How is the grant-date fair value of a stock option measured? Walk me through the journal entries for RSUs that cliff-vest after 3 years. What's the difference between equity- and liability-classified awards? Income Taxes Deferred taxes, valuation allowances, uncertain positions
Explain deferred tax assets vs. deferred tax liabilities with a simple example. When does a company need a valuation allowance? How does ASC 740 treat uncertain tax positions? Leases Classification, ROU assets, and lease liabilities
How do I classify a lease as a finance lease or an operating lease? Show me the journal entries for an operating lease in year one. What goes into the initial measurement of a right-of-use asset? Or pick a study mode
Explain it simply Quiz me Journal entries Compare