F2C - Chapter 14: Consolidated statements of changes in equity Flashcards
1
Q
What will the two column in a consolidated statement of changes in equity be made up of?
A
The changes in equity attributable to parent shareholders, made up of share capital, share premium, retained earnings and any other reserves
The changes in equity attributable to NCI shareholders
2
Q
What is the parent shareholders equity b/f made up of?
A
Share capital, share premium, retained earnings and any other reserves as reported in last year’s CSFP
3
Q
Where does the comprehensive income come from?
A
The foot of the consolidated statement of profit or loss
