Month: January 2024

Basic EPS does not factor in the dilutive effect of shares that could be issued by the company. Earnings per share is one of the most important metrics employed when determining a firm’s profitability on an absolute basis. It is also a major component of calculating the price-to-earnings (P/E) ratio,…

There are several types of earnings per share, including cash, reported, continuous/pro forma, carrying value, and retained EPS. When a company has enough profit to pay shareholders but chooses not to, Retained earnings per share is the amount of money that would have gone to shareholders. A pro forma or…

After almost a decade of experience in public accounting, he created MyAccountingCourse.com to help people learn accounting & finance, pass the CPA exam, and start their career. Finance Strategists is a leading financial education organization that connects people with financial professionals, priding itself on providing accurate and reliable financial information…

The total of the debit and credit balances should be equal; otherwise, the work done to maintain the ledger cannot be considered accurate. A trial balance plays a major role in the accounting cycle, notably at the end of an accounting period before generating financial statements. A trial balance is…