The US standards board is asking for views on how its new earnings per share rules are performing
The Financial Accounting Standards Board is seeking views on whether it has achieved it's goal of simplifying an accounting rule which sets out how to calculate earnings per share (EPS), so that differences between the US and international standard are eliminated.
The US standard setter, which issued a revised exposure draft of Statement 128 yesterday, proposed the changes to the standard with the intention of simplifying the calculation and converging the calculation of EPS with the International Accounting Standards Board's EPS rule, called IAS 33.
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