Page 12 - Microsoft Word - 00 IWB ACCA F7.docx

Chapter 1

2.3 Statement of changes in equity – recommended format

XYZ Statement of changes in equity for the year ended 31 March 20X9

Share Share Revaluation Retained Total
capital premium surplus earnings equity

$ $ $ $ $
Balance at 1 April 20X8 X X X X X

Prior year adjustment: (X) (X)
see chapter 8

–––––– –––––– –––––– –––––– ––––––

Restated balance X X X X X
Total comprehensive X X X
income
Issue of share capital X X

Dividends (X) (X)
Transfer to retained (X) X –
earnings: see chapter 2
–––––– –––––– –––––– –––––– ––––––

Balance at 31 March X X X X X
20X9
–––––– –––––– –––––– –––––– ––––––

You need to learn these proforma layouts.

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