Under IFRS which of the following is not reported for a publ

Under IFRS, which of the following is not reported for a publicly traded entity, when applicable?

Multiple Choice

Per share amounts for extraordinary items

Diluted earnings per share

Basic earnings per share

Per share amounts for profit or loss from continuing operations

Solution

ANS- I EXPLAIN 4 POINT The standard provides guidance on the calculation of these amounts. Diluted EPSis calculated in the same way as basic EPS, however the profit or loss attributable to ordinary equity holders and the weighted average number of shares are adjusted for the effects of all dilutive potential ordinary shares.