is dividends declared and dividends proposed the same thing? both arent shown in the financial statements?
Ask the Tutor ACCA FA
DIVIDENDS
No they are not the same.
Dividends paid during the period appear in the Statement of Changes in Equity (not in the SOPL and not in the SOFP).
Dividends proposed appear nowhere. Dividends are only recorded when they are actually paid.
Again, I do explain this in my free lectures!!!
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