Disclosure of Return on Investment
This query is : Resolved
12 September 2010
Dear All,
One of our clients deal with share trading and that is their main business. But I have a doubt if we are to show the return on Investment in the Profit and loss a/c along with Earnings per Share.
Thanks in advance
One of our clients deal with share trading and that is their main business. But I have a doubt if we are to show the return on Investment in the Profit and loss a/c along with Earnings per Share.
Thanks in advance
12 September 2010
As per AS 20 earnings per share has to be disclosed in the face of the profit and loss account and the working should form part of the notes on accounts. No need to show the ROI in profit and loss account.
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12 September 2010
Thank you sir, it was just that my principal asked me and since I didnt have a clue I couldnt respond. Tried many sites and books but didnt get the required info. Thanks again
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