03-09-2010, 02:17 PM
here is a question regarding IAS-33
Dividend on cumulative redeemable preference shares (Liability) is treated as finance cost and is not deducted while reaching at "Earnings available for ordinary shareholders" as it has already been deducted
Question is
whether dividend on cumulative irredeemable preference shares (Capital) is deducted subsequently or not?
Please Reply
Dividend on cumulative redeemable preference shares (Liability) is treated as finance cost and is not deducted while reaching at "Earnings available for ordinary shareholders" as it has already been deducted
Question is
whether dividend on cumulative irredeemable preference shares (Capital) is deducted subsequently or not?
Please Reply