EPS for Loss making Company
This query is : Resolved
04 June 2010
Should Disclosure of EPS as Per AS-20 in case of Loss making Company is necessary?
if Yes so Should it is disclosed with Negative Figure or should on 0?
if Yes so Should it is disclosed with Negative Figure or should on 0?
04 June 2010
Yes it is necesary to show EPS even if it is NEg..
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04 June 2010
iN CASE OF NEGATIVE EPS, IT IS SHOWN AS ZERO.
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04 June 2010
EPS information should be presented"on the face of the statement of profit and loss". EPS should be disclosed,even if there is a negative earnings and not to be shown as ZERO. Calculation of EPS ,components of net profit/loss and components of shares, should form part of the "notes on accounts".
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CA Ashok Kumar Sahu
(Expert)
04 June 2010
AGREE WITH WARRIERJI
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