CoreIntermediate · Advanced
The statement of changes in equity
Learning objectives
- Explain the content of the statement of changes in equity.L2
- Calculate the closing balance of a component of equity.L2, L3
Normative references
- IAS 1 §106The statement of changes in equity presents total comprehensive income for the period, the effects of retrospective application or retrospective restatement for each component of equity, and a reconciliation between the carrying amounts at the beginning and the end of the period for each component.
Original summaries of the paragraphs (reference register), never a quotation of the standard.