Access the FASB Accounting Standards Codification at the FASB website (www.fasb.org). Determine each of the following: Required: 1. The topic number (Topic XXX) that provides the accounting for earnings per share. 2. The specific eight-digit Codification citation (XXX-XX-XX-X) that describes the additional information for earnings per share that must be included in the notes to the financial statements. 3. The specific eight-digit Codification citation (XXX-XX-XX-X) that requires disclosure of transactions affecting the number of common shares outstanding that occur after the most recent reporting period but before the financial statements are issued. Requirement 1 Topic Subtopic Section Paragraph 2 3
Access the FASB Accounting Standards Codification at the FASB website (www.fasb.org). Determine each of the following: Required: 1. The topic number (Topic XXX) that provides the accounting for earnings per share. 2. The specific eight-digit Codification citation (XXX-XX-XX-X) that describes the additional information for earnings per share that must be included in the notes to the financial statements. 3. The specific eight-digit Codification citation (XXX-XX-XX-X) that requires disclosure of transactions affecting the number of common shares outstanding that occur after the most recent reporting period but before the financial statements are issued. Requirement 1 Topic Subtopic Section Paragraph 2 3
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Access the FASB Accounting Standards Codification at the FASB website (www.fasb.org). Determine each of the following:
Required:
1. The topic number (Topic XXX) that provides the accounting for earnings per share.
2. The specific eight-digit Codification citation (XXX-XX-XX-X) that describes the additional information for earnings per share that must
be included in the notes to the financial statements.
3. The specific eight-digit Codification citation (XXX-XX-XX-X) that requires disclosure of transactions affecting the number of common
shares outstanding that occur after the most recent reporting period but before the financial statements are issued.
Requirement
1
Topic
Subtopic
Section
Paragraph
2
3
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