Statement of Financial Accounting Standards No.128,"Earnings Per Share," requires that earnings per share figures be presented only by companies with publicly held common stock or potential common stock.
List arguments for and against the exclusion of nonpublic companies from the requirement of reporting earnings per share.

Question

Quizplus · Accepted Answer

The Answer of Statement of Financial Accounting Standards No.128,"Earnings Per Share," requires that earnings per share figures be presented only by companies with publicly held common stock or potential common stock.
List arguments for and against the exclusion of nonpublic companies from the requirement of reporting earnings per share.