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Alta, Inc. provides stock compensation benefits to its key employees which vest over a five-year...

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Accounting

  1. Alta, Inc. provides stock compensation benefits to its key employees which vest over a five-year time period. This year the company awarded 1,000 shares at $15 per share.
  1. Using IFRS prepare a vesting schedule showing the compensation cost to be recorded in ears 1-5 (round to the nearest dollar)
  2. What is the compensation expense to be recorded in year 3? How would this vary under US GAAP and why?

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