Statement of changes in equity: Difference between revisions
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The statement of changes in equity also includes the total amount of comprehensive income, which is set out | The statement of changes in equity also includes the total amount of comprehensive income, which in turn is set out in more detail in the Statement of comprehensive income and - if reported in a separate statement - the Statement of profit or loss. | ||
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* [[Financial reporting]] | * [[Financial reporting]] | ||
* [[Financial statements]] | * [[Financial statements]] | ||
* [[IAS | * [[IAS 1]] | ||
* [[Income statement]] | * [[Income statement]] | ||
* [[Issue]] | * [[Issue]] | ||
Latest revision as of 14:30, 11 August 2021
Financial reporting - primary statements.
(SOCE).
The statement of changes in equity is a primary financial statement required by International Accounting Standards, under IAS 1.
It includes items affecting shareholders equity which have not already been reported in the statement of profit or loss, or the statement of comprehensive income.
These items include transactions with shareholders, such as dividends payable and new shares issued.
The statement of changes in equity also includes the total amount of comprehensive income, which in turn is set out in more detail in the Statement of comprehensive income and - if reported in a separate statement - the Statement of profit or loss.
