020 Release of the revision of the new accounting standard and implementation guidance for “earnings per share”
Accounting Standard Board of Japan issued the revised
accounting standard 2 “the accounting standard for earnings
per share,” revised accounting standard 4 “implementation
guide for earnings per share,” revised the Practical Issues
Task Force 9 “Practical solution on earnings per share.”
This revision has accompanied with the application of “the
accounting standard for Accounting Policies,Changes in
Accounting and Errors.”
Points of the revision
・In case that the retrospective application or retrospective
restatement is made in the financial statements according
to the revision of “the Accounting Policies,Changes in
Accounting and Errors,” the amount must be calculated
after the retrospective application or restatement of earnings
per share.
・In case that the stock split or reverse stock split is made,
the calculation of earnings per share must be made as if the
stock split or reverse stock split were made in the beginning
of the oldest period presented in the financial statements.
We have to pay attention to the revision of other accounting
standards accompanied with this application of “the
Accounting Policies,Changes in Accounting and Errors.”
