IFRS In-Depth: Earnings per Share ON DEMAND

Overview

The growing acceptance of IFRS as a basis for U.S. financial reporting represents a fundamental change for the U.S. accounting profession. The IASB and the FASB have committed to the convergence of U.S. GAAP and IFRS and are working to eliminate as many differences between the two standards as possible. In addition, the Securities and Exchange Commission has endorsed the outright adoption of IFRS in the United States. Therefore, it is clear that IFRS represents the future of financial accounting and reporting in the United States. This course presents an overview of IAS 33 Earnings per Share and includes a detailed discussion of the processes for calculating and reporting earnings per share measurements in IFRS financial statements. The materials also discuss the IASB’s and FASB’s efforts towards achieving convergence in EPS reporting.

Highlights

Capital structures. Basic earnings per share. Diluted earnings per share. Presentation and disclosure. IFRS and U. S. GAAP convergence.

Prerequisites

None.

Designed For

CPAs, CFOs, controllers, financial professionals, and auditors.

Objectives

Discuss and calculate basic and diluted earnings per share. Describe the presentation and disclosure requirements of IAS 33. Describe the similarities and differences between IFRS and U. S. GAAP in the area of earnings per share.

Preparation

None.

Notice

None.