AASB 133 Earnings Per Share Does Not Require Entities to Restate

question 56

True/False

AASB 133 Earnings per Share does not require entities to restate diluted earnings per share of any prior period presented for changes in the assumptions used in earnings per share calculations or for the conversion of potential ordinary shares into ordinary shares.

---

Definitions:

Social Media

Platforms and technologies that enable users to create, share content, and participate in social networking.

Internal Communication

The transmission of information, ideas, and feedback within the confines of an organization, company, or group.

Organizational Hierarchy

The arrangement of individuals within an organization into levels of authority and responsibility, often visualized as a pyramid structure.

Orientations

Sessions or information provided to introduce and acquaint individuals with a new environment, organization, or role.