IndigoLearn

Forums

As 20

Can u explain me 2nd point

Attachments

Screenshot_20200715_134743.jpg


Shru Kanda

Shru Kanda

CA Inter

520

15-Jul-20 13:48

44

Answers (5)

A company shall calculate and disclose its EPS as per AS 20 in its Balance sheet extract irrespective of whether the shares are listed or not


ruchi lahoti

ruchi lahoti

CA Inter

27K+

15-Jul-20 14:04

U mean all the companies?


Thread Starter

Shru Kanda

Shru Kanda

CA Inter

520

15-Jul-20 14:23

Thread Starter

Shru Kanda

U mean all the companies?

The AS is mandatory for all companies. However disclosure of diluted EPS is not mandatory for SMC's


ruchi lahoti

ruchi lahoti

CA Inter

27K+

17-Jul-20 10:24

Thn y hv dey divided into 3 points. Directly dey wld hv mentioned all the companies right. Y hv dey segregated like listed, unlisted and ither companies


Thread Starter

Shru Kanda

Shru Kanda

CA Inter

520

17-Jul-20 12:00

Thread Starter

Shru Kanda

Thn y hv dey divided into 3 points. Directly dey wld hv mentioned all the companies right. Y hv dey segregated like listed, unlisted and ither companies

General understanding is, AS 20 is applicable on, 1. All companies listed on a recognized stock exchange and 2. Any unlisted or pubic limited companies to whom it is not mandatory but voluntarily if they want to disclose EPS in its financial statements, they should calculate EPS as per the provisions of AS 20


ruchi lahoti

ruchi lahoti

CA Inter

27K+

17-Jul-20 12:31

Business Law - CA Foundation
Study Planner
Fundamentals of Blockchain
Financial Modelling
EMI
Past_Exams
Tally + Excel Free
Hiring Creative