preferred

(noun)

Preferred stock.

Related Terms

Examples of preferred in the following topics:

  • Accounting for Sale of Stock

    • Most stock sales involve common stock or preferred stock.
    • The sale of preferred stock is similarly treated, but a separate accounts should be established to record preferred stock and any additional paid in capital for preferred stock sold at above par value.
    • Most stock sales involve common stock or preferred stock.
    • Summarize how to account for the sale of common stock, preferred stock and treasury stock

  • Recognition of Revenue Prior to Delivery

    • Percentage of completion is preferred over the completed contract method.

  • Terminology of Accounting

    • In an accounting context, shareholders' equity represents the remaining interest in assets of a company, spread among individual shareholders in common or preferred stock.

  • Special Reporting

    • Earnings per share are calculated as net income, with preferred dividends/weighted number of shares outstanding.

  • Introduction to the Balance Sheet

    • For residual equity dividends to preferred shareholders are deducted from net income before calculating residual equity holders' dividend per share.

  • Differences Between GAAP and IFRS and Implications of Potential Convergence

    • Consolidation — IFRS favors a control model whereas GAAP prefers a risks-and-rewards model.

  • Recognizing Notes Receivable

    • Business organizations which have become too large to perform such tasks by hand (or small ones that could but prefer not to) will generally use accounting software on a computer to perform this task.

  • Dollar-Value LIFO

    • Most individuals prefer having a dollar today rather than at some future date because:

  • Calculating Fair Value

    • Level One -- The preferred inputs to valuation are "quoted prices in active markets for identical assets or liabilities," with the caveat that the reporting entity must have access to that market.

  • Additional Items: Auditor and Management Reports

    • Since many third-party users prefer, or even require financial information to be certified by an independent external auditor, many companies rely on auditor reports to certify their information to attract investors, obtain loans, and improve public appearance.