In Statement No. 95, the FASB explicitly prohibited the reporting of cash flow per share in the

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In Statement No. 95, the FASB explicitly prohibited the reporting of “cash flow per share” in the financial statements. Cash flow per share is an amount often reported by firms outside the financial statements and is often included in financial analyses prepared by investment advisory services. Why do you think the FASB explicitly prohibited the inclusion of cash flow per share in the financial statements?

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Intermediate Accounting

ISBN: 978-0324312140

16th Edition

Authors: James D. Stice, Earl K. Stice, Fred Skousen

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