Earnings per Share - Treasury Stock Method
The Earnings per Share project is part of a wider convergence project with the FASB . Its purpose is to reduce differences between IFRSs and US GAAP that can be resolved in a relatively short time and can be addressed outside major projects. The objective of the Earnings per Share project is to simplify and converge the calculation of EPS according to IAS 33 Earnings per Share and SFAS No. 128 Earnings per Share.
Where are we now
The IASB has issued an Exposure Draft of proposed amendments to IAS 33 in August 2008. The Exposure Draft was open for public comment until 5 December 2008.
The Exposure Draft can be accessed here
To read or submit comment letters, click here
The Board reviewed a summary of responses to the exposure draft at its April 2009 meeting. In the light of other priorities, the Board directed the staff to consider towards the end of this year when would be the best time for the Board to start reviewing the responses in more detail.
Next step
The Board will resume the discussion on the project plan towards the end of this year.
Further information:
- Download a pdf version of the project summary
- Access the meeting summaries and the observer notes from previous IASB meetings on this project