What is the objective of IAS 33?

Here is a list of the objectives of IAS 33:

  1. To provide guidance on the calculation, presentation, and disclosure of earnings per share (EPS) to ensure consistency and comparability across companies and industries.
  2. To ensure that companies provide accurate and transparent information on the amount of profit or loss that is attributable to each share of their stock.
  3. To provide investors and other stakeholders with a useful metric for evaluating a company's financial performance and making informed investment decisions.
  4. To ensure that companies provide relevant and reliable information to help users of financial statements understand the impact of potential changes in the number of shares outstanding on the calculation of EPS.
  5. To promote transparency and accountability in financial reporting by requiring companies to disclose the assumptions and methods used in calculating basic and diluted EPS.

Overall, the objective of IAS 33 is to provide a clear and comprehensive set of guidelines for companies to follow when calculating and disclosing EPS in their financial statements, which can help ensure accurate and transparent financial reporting and support informed decision-making by investors and other stakeholders.

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