IFRS Learning Module 6: Earnings per Share

  • Credits: 3
  • Format: Self-Study eBook
  • Field of Study: Accounting
  • Author/Speaker: Michael Walker
Available Formats:
Advanced Preparation: None
Experience Level: Overview
Program Prerequisites: Basic Understanding of Accountancy
Course ID: MW-112
Published Date: © August 2020
COURSE DESCRIPTION

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.

The growing acceptance of IFRS as a basis for U.S. financial reporting represents a fundamental change for the U.S. accounting profession. The International Accounting Standards Board (IASB) and their U.S. equivalent (the FASB) have made commitments towards the convergence of U.S. GAAP and IFRS and are working to eliminate as many differences between the two Standards as possible. In addition, the Securities and Exchange Commission has endorsed the outright adoption of IFRS in the United States. Therefore it is clear that IFRS represents the future of financial accounting and reporting in the United States.

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.

Topics include:
  • Chapter 1: INTRODUCTION TO IAS 33
  • Chapter 2: CAPITAL STRUCTURES
  • Chapter 3: BASIC EARNINGS PER SHARE
  • Chapter 4: DILUTED EARNINGS PER SHARE
  • Chapter 5: PRESENTATION AND DISCLOSURE
  • Chapter 6: IFRS & U.S. GAAP CONVERGENCE

Learning Objectives:

After reading the course material, you will be able to:

  • 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.

Who Should Attend:
  • All Certified Public Accountants (CPAs)

Qualifies and Approved with all State Boards of Accountancy and the following sponsorship’s:
NASBA