19.6 IFRS/ASPE Key Differences

Item ASPE IFRS
IAS 33
Reporting requirement for basic and diluted earnings per share. Not required Publicly traded companies are to present basic and diluted earnings per share. Privately held companies choosing to follow IFRS are not required to report earnings per share unless they are in the process of going public.

License

Icon for the Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License

Intermediate Financial Accounting 2 Copyright © 2022 by Michael Van Roestel is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License, except where otherwise noted.

Share This Book