Accounting for Stock Dividends & Stock Splits -- Time for a Change

Accounting Research Bulletin (ARB) 43 is the authoritative pronouncement on accounting for stock dividends and stock splits. ARB 43 defines stock dividends and stock splits based on corporate and shareholder perceptions rather than economic substance. ARB 43 also fails to offer specific guidelines...

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Journal Title: The National Public Accountant Vol. 31; no. 3
Authors: Thomas Monahan, Bill N Schwartz
Format: Article
Language: English
Published: March 1986