The FASB and the IASB have been working together to resolve the remaining differences between FASB Statement
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From the IASB website (www.iasb.org), review the Exposure Draft. Discuss the issues raised and comment on whether the changes will result in better financial reporting.
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The following describes the proposals made in the August 2008 Exposure Draft Basic Earnings per Share Mandatorily convertible instruments and ordinary shares issued for little or no consideration will ...View the full answer
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Related Book For 
Intermediate Accounting
ISBN: 978-0470161012
9th Canadian Edition, Volume 2
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield.
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