The AS-20 Adjustment Most Students Get Wrong! ❌

#as20 #rightshares #cainter #accountingstandards #navinclasses The AS-20 (Earnings Per Share) Adjustment Most Students Get Wrong! ❌ In CA Inter Advanced Accounting exams, Basic EPS questions from Accounting Standard 20 (AS-20) are extremely common. However, the Right Shares adjustment is where most students end up losing marks! Since Right Shares are issued at a concessional price, they contain two critical elements: Consideration Element - Included in WANOS (Weighted Average Number of Shares) from the actual Date of Issue. Bonus Element - Always included from the Beginning of the reporting period, irrespective of the issue date. In this quick revision video, master the entire concept in 3 simple steps: 👉 Step 1: Calculating the Theoretical Ex-Right Price. 👉 Step 2: Finding the Right Adjustment Factor. 👉 Step 3: Calculating WANOS and Restating last year's EPS. Make sure you lock in this concept before heading into your exams!