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Issue:

Business

 

Written by:

Kim U

 

Date added:

December 3, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 322

 

Was viewed:

5326 times

 

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Essay content:

The ASB argued that accounts need to be analysed in more detail, and that a single figure is open to manipulation. The Institute of Investment Management and Research (IIMR) severely criticised FRS 3, arguing that analysts need a simple way of measuring trading performance, and as a result they formulated what is known as the ‘headline earnings’ figure , which has been adopted by the Financial Times as the basis for the calculation of the Price Earnings ratio...
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The Institute of Investment Management and Research (IIMR) severely criticised FRS 3, arguing that analysts need a simple way of measuring trading performance, and as a result they formulated what is known as the ‘headline earnings’ figure , which has been adopted by the Financial Times as the basis for the calculation of the Price Earnings ratio...
displayed 300 characters

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