The Effect of SFAS No. 128 on Reported EPS and Price/Earnings Ratios (Manuscripts) (Financial Report) The Effect of SFAS No. 128 on Reported EPS and Price/Earnings Ratios (Manuscripts) (Financial Report)

The Effect of SFAS No. 128 on Reported EPS and Price/Earnings Ratios (Manuscripts) (Financial Report‪)‬

Academy of Accounting and Financial Studies Journal 2000, Jan, 4, 1

Academy of Accounting and Financial Studies Journal
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    • 2,99 €

Publisher Description

ABSTRACT With the release of Statement of Financial Accounting Standard Number 128, "Earnings Per Share," the FASB has altered the calculation of earnings per share. This will affect not only the users of the financial statements, but also researchers using earnings per share (EPS) or price earnings ratios as variables in a model. Reported figures before and after December 15, 1997 will differ due to this computational change. For firms with profits, the new method will result in no change or an increase in reported EPS. The magnitude of this change on EPS and Price/Earnings ratios is examined here. The results show that the effect of this pronouncement, overall, is relatively small. However, the impact on individual company figures varies dramatically. It is therefore imperative to understand the change and integrate it into corporate and market analyses.

GENRE
Business & Personal Finance
RELEASED
2000
1 January
LANGUAGE
EN
English
LENGTH
14
Pages
PUBLISHER
The DreamCatchers Group, LLC
SIZE
279.5
KB

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