Advance Financial Accounting
    • IAS-33 Earnings Per Share
_Objectives to Calculate EPS:
The users of the financial statements are able to compare the performance of different entities or able to compare the the performance of same entity in different accounting periods.


Types of EPS:
1. Basic EPS
2. Diluted EPS

Formula to Calculate Basic EPS:
Basic EPS =                         Earnings/ Weighted avg. number of shares                               
                        
Earnings
Profit available for distribution to ordinary shareholders.
_IS Performa:

Sales
Less: Cost of Sales
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