French company, prepares its financial statements

Assignment Help Accounting Basics
Reference no: EM13879638

1.Air France KLM (AF) , a French company, prepares its financial statements according to International Financial Reporting Standards. AF's annual report for the year ended March 31, 2011, which includes 1.financial statements and disclosure notes, is provided with all new textbooks. This material also is included in AF's Registration Document 2010 11, dated June 15, 2011 and is available at www.airfranceklm.com.

Required:
1. What is the amount that AF reports in its income statement for its stock options for the year ended March 31, 2011? [Hint: See Note 28: Share Based Compensation.] Are AF's share options cliff vesting or graded vesting? How does accounting differ between U.S. GAAP and IFRS for graded vesting plans?
2. What amount(s) of earnings per share did AF report in its income statement for the year ended March 31, 2011? If AF used U.S. GAAP would it have reported EPS using the same classification?

Reference no: EM13879638

Questions Cloud

Expected rate of return from this investment opportunity : James Fromholtz is considering whether to invest in a newly formed investment fund. Based on these potential outcomes, what is your estimate of the expected rate of return from this investment opportunity? I know this is 22.5%. Calculate the standard..
Give definitions of perfect concordance condition hypothesis : Give the definitions of perfect concordance condition Hypothesis of weak contagion Single-peaked function and Mechanism of proportional allocation Dictator.
Process of interpreting the client dreams : If a counselor is aware of the cultural background of a client, the process of interpreting the client's dreams will be fairly straightforward
Set up an lp model in general form : Set up this decision problem as an LP model in general form.
French company, prepares its financial statements : 1.Air France KLM (AF) , a French company, prepares its financial statements according to International Financial Reporting Standards.
What is the current state of the us economy? define how gdp : What is the current state of the US economy? Define how GDP is doing in each of its components (Consumption, Investment, Government Purchases and Net Exports).
Thermal conductivity of insulating materials : A hollow aluminum sphere, with an electrical heater in the center, is used in tests to determine the thermal conductivity of insulating materials.
Prepare a journal article about indigenous psychologies : Imagine you are asked to prepare a journal article about "indigenous psychologies."
Give illustrative examples for attainability set reflexion : Give definitions and illustrative examples for the following terms: Attainability set Reflexion and First-kind reflexion. Second-kind reflexion Informational reflexion Strategic reflexion.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd