IFRS Learning Module 6: Earnings per Share (Course Id 367)

Accounting - Accounting for Course Id 367

IFRS Learning Modules are a series of courses that provide in-depth overviews of various topics related to International Financial Reporting Standards (“IFRS”). IFRS represents the global accounting principles that provide the foundation for most of the world’s financial reporting. These Standards establish the recognition, measurement, presentation and disclosure requirements for transactions and events reflected in IFRS financial statements.

Module 6 of the IFRS Learning Module series presents an overview of IAS 33 Earnings per Share; this overview includes a detailed discussion of the processes for calculating and reporting earnings per share measurements in IFRS financial statements. The course also discusses the IASB’s and FASB’s efforts towards achieving convergence in EPS reporting.

NASBA QAS - Text - Technical - NASBA Registry - 367

Module Learning Objectives

• Calculate basic and diluted earnings per share.
  
• Describe the presentation and disclosure requirements of IAS 33.
  
• Describe the similarities and differences between IFRS and U.S. GAAP in the area of earnings per share.
  

Module 6:  Earnings per Share

1.0   Introduction to IAS 33

1.1   Objective

1.2   Scope

2.0   Capital Structures

3.0   Basic Earnings per Share

3.1   Basic EPS computation

3.2   Profit or loss attributable to ordinary equity holders

3.3   Weighted-average number of shares outstanding

4.0   Diluted Earnings per Share

4.1   Dilutive and anti-dilutive securities

4.2   Treasury share method

4.3   If-converted method

4.4   Contingently issuable shares

5.0   Presentation and Disclosure

5.1   Presentation

5.2   Disclosure

6.0   IFRS & U.S. GAAP Convergence

6.1   ASC 260 Earnings per Share

6.2   IAS 33 & ASC 260: Similarities and differences

6.3   IASB & FASB exposure drafts

7.0   Module Summary

Glossary