文档介绍：2008年注册会计师考试《会计》英语附加题
五、英文附加题(本题型共1题,共10分,答案中的金额单位以元表示,有小数的,保留两位小数,两位小数后四舍五入。用英文在答题卷上解答,答在试题卷上无效)。 Company A is a pany located in P. R. China. On January 1,20×pany A signed two share-based payment arrangements as follow:
granted 100 cash share appreciation rights (SARs) to each of its 300 senior management employees, conditional upon the employees remaining in pany’s employ for the next three years. The cash share appreciation rights provided the employees with the right to receive, at the date the rights were exercised, cash equal to the appreciation in pany’s share price since the grant date. On Dece,ber 31,20×6,all SARs held by the remaining employees vested. They could be exercised during 20×7 and 20×8. The fair value and the intrinsic value(Which equals the cash paid out) of SARs are shown below.
Fair value
Intrinsic value
January1,20×4
18
December 31,20×4
22
December 31,20×5
21
December 31,20×6
18
December 31,20×7
23
20
December 31,20×8
25
24
Management estimated, on the grant date, that 20% of the employees would leave evenly during the three-year period. During 20×4,22 employees left pany and management predicted the same level of departure for the next two years. During 20×5,20 employees left and management estimated that a further 15 employees would leave during year 10 employees left during 20×6. At the end of 20×7,110 e