Statement of changes in equity: Difference between revisions
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imported>Doug Williamson (Add abbreviation. Source: Accounting Web https://www.accountingweb.co.uk/community/industry-insights/frs-102-section-6-summary-statement-of-changes-in-equity-and-statement) |
imported>Doug Williamson (Layout.) |
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The statement of changes in equity is a primary financial statement required by International Accounting Standard, IAS 1. | The statement of changes in equity is a primary financial statement required by International Accounting Standard, 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. | 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. | ||
Revision as of 17:12, 31 December 2020
Financial reporting - primary statements.
(SOCE).
The statement of changes in equity is a primary financial statement required by International Accounting Standard, 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 include transactions with shareholders such as dividends payable and new shares issued.
