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Definition of statement of changes in equity

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Definition of statement of changes in equity

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by MikeLittle.
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  • September 30, 2016 at 9:05 pm #342145
    Mariam
    Member
    • Topics: 11
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    How can I elaborately define a statement of changes in equity?

    September 30, 2016 at 11:13 pm #342146
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23309
    • ☆☆☆☆☆

    Why would you want to?

    It’s a statement that shows the changes in the elements of equity starting with the opening balances at the start of the year and finishing with the closing balances at the end of the year

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