IASB consults on convergence in EPS calculation

08 August 2008

The IASB consults on proposals to simplify the calculation of earnings per share (EPS) and to eliminate differences between the methods required by IFRSs and US accounting standards to calculate EPS.

The IASB consults on proposals to simplify the calculation of earnings per share (EPS) and to eliminate differences between the methods required by IFRSs and US accounting standards to calculate EPS.

 

The proposals are part of the short-term convergence project that the IASB is conducting jointly with the US Financial Accounting Standards Board (FASB). Consequently the FASB has also published today an exposure draft to amend SFAS 128 Earnings per Share.

 

In particular, the proposals aim to achieve convergence by:

 

Deadline for comments is 5 December 2008

 

Press release


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