Question: IFRS allows per share amounts to be reported on items other than earnings. Instructions (a) Write a short essay on the pros and cons of

IFRS allows per share amounts to be reported on items other than earnings.
Instructions
(a) Write a short essay on the pros and cons of allowing companies to include alternate per share amounts in their annual reports. What other types of per share data might be helpful for investors?
(b) Currently, per share data is only required on the profit or loss for the year. What would be the arguments to support the disclosure of comprehensive income per share also? What would be some arguments to discourage this disclosure?
(c) Find an example of a company's disclosure of per share data for other than earnings per share.

Step by Step Solution

★★★★★

3.41 Rating (160 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

a The pros of allowing alternate per share amounts to be included in the annual financial statements of companies are that such amounts may provide additional information that is useful to investors a... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

516-B-A-S-E (947).docx

120 KBs Word File

Students Have Also Explored These Related Accounting Questions!

Discuss the pros and cons of allowing companies to amass personal data for behavioral targeting.

In your own words, state the pros and cons of paying whistle-blowers for the information they provide.

What do you think are the pros and cons of paying off extortionists?

Non-GAAP Financial Measures IFRS allows per share amounts to be reported on items other than earnings. Instructions (a) Adopt the role of the ethical accountant and write a short essay on the pros...

Can you check part 1 for my friend? She needs to make some adjustment below: She attached the three files: She needs to include the following in part 1 and throughout part 2 and 3 You will need to...

dear tutor, i need you help to write the audit planning memo for this company (le chateau inc) ANNUAL REPORT 20 15 CORPORATE PROFILE Le Chteau is a leading Canadian specialty retailer offering...

get an anwer and solution of problem in both paper 1 full disclousure second revenue recognition IV. Test Questions and Solutions Chapter 1 Multiple Choice 1. What basic financial statements can be...

Need help on this group project. In this analysis, you will discuss the financial health of two companies (ZCL and Linamar) with the ultimate goal of recommending one of the companies to an investor....

see case to answer question only you don't need no other reference. Case Overview Founded by Jeff Bezos, online giant Amazon.com, Inc. (Amazon), was incorporated in the state of Washington in July,...

In this analysis, you will discuss the financial health of two companies (ZCL and Linamar) with the ultimate goal of recommending one of the companies to an investor. Your paper should consist of the...

What information would you need to tell whether the leading and lagging strands in yeast are replicated with equal delity?

Describe the end behavior of each function in Problem. 5x7x10 x6x 3 f(x)-

3. A function f is defined by f : x + > 6x - 4 for all real ges of 2, 4, 1 and 1 values of x. What are the images of 2, -4, - and - under f?

In what ways does traditional banking differ from modern banking?

Linus, Inc. owes $30,000 to Peanuts Company. How much would Linus have to pay each year if the debt is retired through four equal payments (made at the end of the year), given an interest rate on the...

The Lock horns are planning for a retirement home. They estimate they will need $160,000, 4 years from now to purchase this home. Assuming an interest rate of 10%, what amount must be deposited at...

Assume the same situation as in Question 11, except that the four equal amounts are deposited at the beginning of the period rather than at the end. In this case, what amount must be deposited at the...

Question 50 1 Imagine a sample with n = 49 and a mean of 95 that comes from a population with a standard deviation of 14. Based on these data, what would be the 80% confidence interval for the...

The Landers Corporation needs to raise $1.70 million of debt on a 20-year issue. If it places the bonds privately, the interest rate will be 12 percent. 25000 dollars in out-of-pocket costs will be...

a comparable - risk bond is 6 percent. a . Compute the bond's yield to maturity. b . Determine the value of the bond to you given the market's required yield to maturity on a comparable - risk bond....