The FASB Accounting Standards Codification represents the single source of authoritative U.S. generally acceptedaccounting principles.Required:1. Obtain the relevant authoritative literature on earnings per share using the FASB Accounting StandardsCodification at the FASB website (www.fasb.org). Identify the Codification topic number that provides theaccounting for earnings per share.2. What is the specific citation that describes the additional information for earnings per share that must beincluded in the notes to the financial statements?3. Describe the required disclosures
The FASB Accounting Standards Codification represents the single source of authoritative U.S. generally acceptedaccounting principles.Required:1. Obtain the relevant authoritative literature on earnings per share using the FASB Accounting StandardsCodification at the FASB website (www.fasb.org). Identify the Codification topic number that provides theaccounting for earnings per share.2. What is the specific citation that describes the additional information for earnings per share that must beincluded in the notes to the financial statements?3. Describe the required disclosures
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The FASB Accounting Standards Codification represents the single source of authoritative U.S. generally accepted
accounting principles.
Required:
1. Obtain the relevant authoritative literature on earnings per share using the FASB Accounting Standards
Codification at the FASB website (www.fasb.org). Identify the Codification topic number that provides the
accounting for earnings per share.
2. What is the specific citation that describes the additional information for earnings per share that must be
included in the notes to the financial statements?
3. Describe the required disclosures
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