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Written by:
Kim U
Date added:
December 3, 2013
Level:
University
Grade:
A
No of pages / words:
2 / 322
Was viewed:
5311 times
Rating of current essay:
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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