As-20
This query is : Resolved
Vivek Bothra
(Querist)
25 August 2011
Is a private company making loss is required to disclose EPS in thier Balance Sheet. Should they disclose both Basi & Diluted EPS?
CMA Ramesh Krishnan
(Expert)
25 August 2011
while making loss no need to disclose EPS. (since negative)
25 August 2011
EPS should be disclosed even if there are negative earnings. Pl refer page 214 of"1st principles of accounting standards" a prized publicarion of Prime Academy.
N.B:- EPS information should be presented on the 'face of the statement of profit and loss' AND NOT IN BALANCE SHEET.
N.B:- EPS information should be presented on the 'face of the statement of profit and loss' AND NOT IN BALANCE SHEET.
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Vivek Bothra
(Querist)
03 September 2011
Should they disclose both basic & dilute EPS
CA Ravi Sisodia
(Expert)
03 September 2011
private co. will require to disclose only basic EPS.
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