@article {Fleming66, author = {Mary M.K. Fleming}, title = {Improving Disclosure Requirements for Restated Earnings per Share}, volume = {12}, number = {1}, pages = {66--70}, year = {2003}, doi = {10.3905/joi.2003.319535}, publisher = {Institutional Investor Journals Umbrella}, abstract = {In 1997 The Financial Accounting Standards Board issued FASB 129, {\textquotedblleft}Earnings Per Share.{\textquotedblright} It revised the way earnings per share for common stock is computed and reported. As a result all prior periods{\textquoteright} earnings per share must be restated in all follow-on periods. Other reasons for restating EPS include stock splits, stock dividends, a change in reporting entity, and errors in the prior period{\textquoteright}s accounting records. Generally, in the annual reports firms provide little or no disclosure why the EPS changes, thus leaving the readers thoroughly confused as to reliability and consistency of the data presented. This article presents a disclosure model which would explain how and why previously reported EPS is restated.}, issn = {1068-0896}, URL = {https://joi.pm-research.com/content/12/1/66}, eprint = {https://joi.pm-research.com/content/12/1/66.full.pdf}, journal = {The Journal of Investing} }