Common Stock Definition

Common stock represents shares of ownership in a corporation, publicly traded on a stock exchange. Owners of common stock, called stockholders, have some say in how a company is run and receive some of the profits.

Recent Articles

Best practices for implementing the new lease accounting standard

Best practices for implementing the new lease accounting standard

Summary provided by MaterialAccounting: This article describes the best tips for implementing ASC 842.  The new standard requiring all leases longer than 12 months to be recorded on balance sheets is now in effect for nonpublic companies with a fiscal year beginning...

How to Keep Your Accounting Team Happy in 2023

How to Keep Your Accounting Team Happy in 2023

Summary provided by MaterialAccounting.com: This article provides tips to keep your accounting team happy as the industry struggles to keep people in their current positions.    According to a recent article from the Wall Street Journal, over 300,000 U.S....

Accounting for Your Software Costs

Accounting for Your Software Costs

Summary provided by MaterialAccounting.com: This article provides an update on the FASB's developing rules for disclosing and presenting software costs.  ---- What do Tesla cars, smart TVs and equipment used for making french fries have in common? The answer is...

Watch out: Top focal points for audit season

Watch out: Top focal points for audit season

Summary provided by MaterialAccounting.com: Are you ready for audit season? This article explores top tips for upcoming audits, including potential trouble spots.  -- As companies look ahead to audit season, it's more important than ever to stay aware of the major...

The New Lease Accounting Standard Is Here, Are You Ready?

The New Lease Accounting Standard Is Here, Are You Ready?

Summary provided by MaterialAccounting.com: This article provides an overview of the new FASB standard, ASC 842, including the definition and what changes to expect during the transition.  The new lease standard, Financial Accounting Standards Board (FASB) ASC 842, is...