Which AS deals with 'Earnings Per Share'?
AAS 20
BAS 19
CAS 18
DAS 21
Answer & Solution
Correct answer: A. AS 20
1. Step 1: AS 20 = Earnings Per Share, applicable 01/04/2001.
2. Step 2: AS 18 deals with Related Party Disclosures, AS 19 with Leases.
3. Step 3: Hence (C) is correct.
_Source: ICAI BoS CA Inter Paper 1, Ch 1 "Introduction to Accounting Standards"_