الفهرس 
قائمة المحتوياتيوجد فقط 14 صفحة متاحة للعرض العام
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المستخلص
The study aimed to determine the impact of treasury stocks on the financial statements in general and on the Earnings per share in particular in accordance with the elements that affect on the Earnings per share, Which directly and indirectly affect the earnings per share, and in light of the rules and laws of the specific ways of dealing with them, in addition to the role of accounting standards in determining the nature and how its processors. In spite of the growing interest in operations of treasury stocks, but there are still many aspects which did not specify clearly, which give a chance to use it in earnings management. The Findings: 1- Economic and political conditions of the countries were one of the main reasons for allowing companies to deal on treasury stocks. 2- Countries differ in laws that governing treasury stocks due to the nature of its market, whether developed or developing, but in the end most of the countries had met on the set of controls and parameters for the management of the treasury stocks, as determined most states a maximum rate permitted to repurchase, or specified period of time to keep them. 3- Accounting standards ended the controversy about the nature of treasury shares, which can not be the company’s assets; it is a tool of equity instruments, which is deducted from the shareholders’ equity. 4- The lack of restrictions and disclosure on the announcement of treasury stocks, and not impose sanctions on non-completion of the repurchase operations create a way to mislead investors by management. 5- It can not determine absolutely that the treasury stocks increase earnings per share and there are several counterproductive elements that effect on it, and then the ultimate impact depends on whether the ratio of profits to the share price is greater than or less than the rate of return the cash used in the repurchase. Important Recommendations: 1- combination between specify a certain percentage of shares repurchased and allowed to re-determine the period of time to keep them to reduce the possibility of manipulation of the treasury shares. 2- The rules should be more assertive with regard to the commitment of the companies to complete the buybacks after the announcement by the commitment and the time duration or the specific percentage of shares reacquired. 3-Accounting Standards should be more clearly and specifically with regard to the processing resulting from the resale of treasury shares differences, whether upward or downward so as not to leave space for companies to manipulate such value, which could affect the rights of shareholders. 4- Companies must disclose the impact of the use of treasury shares on the earnings per share and that the financial statements so that users can determine the effectiveness of the company’s operational performance associated with its results without the presence of treasury shares.