Statement of shareholders' equity and Statutory duty: Difference between pages

Latest revision as of 10:36, 16 March 2021

Law - statute.

A statutory duty is one imposed by a written law.

Written laws are known also known as statutes.

For example, the Companies Acts in many jurisdictions.

@@ Line 1: / Line 1: @@
-''Financial reporting - US - US GAAP''.
+''Law - statute.''
-Under US accounting, a statement which explains the total net change in shareholders’ equity for the reporting period.
+A statutory duty is one imposed by a written law.
-It includes the net earnings (or net loss) for the reporting period, gains or losses not reported in the net earnings figure, and dividends.
-Comparable statements under UK accounting and international accounting are the Statement of total recognised gains and losses and the Statement of recognised income and expense.
+Written laws are known also known as statutes.
+For example, the Companies Acts in many jurisdictions.
-== See also ==
-* [[Financial reporting]]
+==See also==
-* [[Statement of recognised income and expense]]
+* [[Companies Act]]
-* [[Statement of total recognised gains and losses]]
+* [[Jurisdiction]]
-* [[US GAAP]]
+* [[Risk reporting]]
+* [[Statute]]
+* [[Statutory]]
+* [[Strategic Report]]
 [[Category:Accounting,_tax_and_regulation]]
 [[Category:The_business_context]]
+[[Category:Risk_reporting]]