23 September 2011
Its common phenomena that a company's EPS can not be negative. However, AS-20 has very well clarified text that even if a company which is covered by AS-20, has to show its EPS even if it has incurred loss.
23 September 2011
Part IV of Schedule VI to the Companies Act, 1956, requires, among other things, disclosure of earnings per share. Accordingly, every company, which is required to give in ormation under Part IV of Schedule VI to the Companies Act, 1956, should calculate and disclose earnings per share in accordance with AS 20, whether or not its equity shares or potential equity shares are listed on a recognised stock exchange in India. Regards, CS Sumat Singhal
CAclubindia
