CIMA BA3 Syllabus C. PREPARATION OF ACCOUNTS FOR SINGLE ENTITIES - Statement of changes in equity - Notes ^{6 / 13}

The revised statement of changes in equity separates owner and non-owner changes in equity.

It includes only details of transactions with owners, with all non-owner changes in equity presented as a single line – total comprehensive income.

Note: dividends that are paid in the period will be included in the SOCIE, dividends that are proposed will not be included in the face of the SOCIE.

Calculating closing equity value:
Opening equity value + Total Proceeds from shares issued (for ordinary share capital and share premium) + Profit for the period + Revaluation - Dividends paid