Vectren Corporation Audit Assignment Example | Topics and Well Written Essays - 750 words

Vectren Corporation Audit - Assignment ExampleBased on account results, the dividend payout ratio and the return on average shareholders equity for 2013 were 86% and 8.9%, respectively.Under the Vectren At-Risk compensation plan, the company may prefer to acquire more shares on the open market during the fiscal periods when there are no limitations on the internal transactions to fulfill these obligations.The effective January 1, in the year 2015, the Compensation and Benefits Committee of the drab Board of Directors issued approximately 169030 performance-based units to the management. Moreover, the Vectren Company is expecting to grant an absolute additional 172,069 performance awards measured at the while of the three-year performance period that will end as at December 31, the year 2014, which do non vest with the inadequate exceptions up to December 31, 2015. Unfortunately, these facts are not included in the table integrated with the issues on the fiscal year.The compose generally plays various fundamental roles in documents that will be canvas further to acquire some information or rather to guide in a picky research. A footnote is always a tool that is used for referencing in documents (Pierce, Sarah, and Julie, 88). Some of the major purposes of the footnote include the followingProvision of additional information on an element or subject that has been mentioned in the main text or document but the elaboration of the element or subject is a little bit shallow in the main text. The footnote will, therefore, create a broad account statement on the subject in disposition to facilitate proper understanding thus accurate recital for anyone who will access the document.Footnotes also provide references used in the text or document in order to enable the readers to acquire more information from the journals or books quoted in the document in order to avoid cases of plagiarism.