Section 6 – Statement of Changes in Equity and Statement of Income and Retained Earnings (SOCE)

[et_pb_section bb_built=”1″ admin_label=”Header – All Pages” transparent_background=”off” background_color=”#1e73be” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”off” padding_mobile=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”on” make_equal=”off” use_custom_gutter=”off” gutter_width=”3″ custom_padding=”||0px|” next_background_color=”#FFFFFF” custom_padding_tablet=”50px|0|50px|0″ custom_padding_last_edited=”on|desktop” inner_width=”auto” inner_max_width=”1080px” global_module=”1221″][et_pb_row admin_label=”row” global_parent=”1221″ background_position=”top_left” background_repeat=”repeat” background_size=”initial” width=”80%” max_width=”1080px”][et_pb_column type=”4_4″ global_parent=”1221″ custom_padding__hover=”|||” custom_padding=”|||” parallax_method=”on”][et_pb_post_title global_parent=”1221″ title=”on” meta=”off” author=”on” date=”on” categories=”on” comments=”on” featured_image=”off” featured_placement=”below” parallax_effect=”on” parallax_method=”off” text_orientation=”left” text_color=”light” text_background=”off” text_bg_color=”rgba(255,255,255,0.9)” module_bg_color=”rgba(255,255,255,0)” title_all_caps=”off” use_border_color=”off” border_color=”#ffffff” border_style=”solid” title_font=”|on|||” title_font_size=”35″ custom_padding=”10px|||” parallax=”on” background_color=”rgba(255,255,255,0)” /][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section bb_built=”1″ fullwidth=”off” specialty=”off” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”off” custom_padding=”0px||0px|” padding_mobile=”on” make_fullwidth=”off” use_custom_width=”off” width_unit=”on” make_equal=”off” use_custom_gutter=”off” gutter_width=”3″ prev_background_color=”#1e73be” next_background_color=”#ffffff” custom_padding_tablet=”0px||0px|” inner_width=”auto” inner_max_width=”1080px” global_module=”1228″][et_pb_row global_parent=”1228″ make_fullwidth=”off” use_custom_width=”off” width_unit=”on” use_custom_gutter=”off” gutter_width=”3″ custom_padding=”0px||0px|” padding_mobile=”off” allow_player_pause=”off” parallax=”off” parallax_method=”off” make_equal=”off” column_padding_mobile=”on” background_position=”top_left” background_repeat=”repeat” background_size=”initial” width=”80%” max_width=”1080px”][et_pb_column type=”4_4″ global_parent=”1228″ custom_padding__hover=”|||” custom_padding=”|||” parallax_method=”on”][et_pb_text global_parent=”1228″ background_layout=”light” text_orientation=”left” text_font_size=”14″ use_border_color=”off” border_color=”#ffffff” border_style=”solid” background_position=”top_left” background_repeat=”repeat” background_size=”initial”]

  1. Home
  2. FRS102.com Members Area
  3. Premium Toolkit
  4. FRS102 – Sections
  5. Section 6 – Statement....

[/et_pb_text][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section bb_built=”1″ admin_label=”Video Heading – Sections” fullwidth=”off” specialty=”off” transparent_background=”off” background_color=”#ffffff” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”off” padding_mobile=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”on” make_equal=”off” use_custom_gutter=”off” gutter_width=”3″ custom_padding_tablet=”50px|0|50px|0″ custom_padding_last_edited=”on|desktop” prev_background_color=”#FFFFFF” next_background_color=”#FFFFFF” inner_width=”auto” inner_max_width=”1080px”][et_pb_row make_fullwidth=”off” use_custom_width=”off” width_unit=”on” use_custom_gutter=”off” gutter_width=”3″ padding_mobile=”off” allow_player_pause=”off” parallax=”off” parallax_method=”off” make_equal=”off” column_padding_mobile=”on” background_color=”#c6c6c6″ custom_padding=”10px|10px|10px|10px” background_position=”top_left” background_repeat=”repeat” background_size=”initial” width=”80%” max_width=”1080px”][et_pb_column type=”1_2″ custom_padding__hover=”|||” custom_padding=”20px|||10px” parallax_method=”on”][et_pb_text admin_label=”Section Introduction Video Heading” background_layout=”dark” text_orientation=”left” text_font_size=”14″ use_border_color=”off” border_color=”#ffffff” border_style=”solid” text_text_color=”#ffffff” background_color=”#1e73be” custom_padding=”0px||0px|20px” background_position=”top_left” background_repeat=”repeat” background_size=”initial”]

Section 6 – Introduction

[/et_pb_text][et_pb_video_slider admin_label=”Video File – Section Introduction” show_image_overlay=”on” show_arrows=”on” show_thumbnails=”on” controls_color=”light”][et_pb_video_slider_item admin_title=”Section Video Introduction” background_layout=”dark” src=”https://vimeo.com/155660404″] [/et_pb_video_slider_item][/et_pb_video_slider][/et_pb_column][et_pb_column type=”1_2″ custom_padding__hover=”|||” custom_padding=”20px|10px||” parallax_method=”on”][et_pb_text admin_label=”Section Analysis Videos Heading” background_layout=”dark” text_orientation=”left” text_font_size=”14″ use_border_color=”off” border_color=”#ffffff” border_style=”solid” text_text_color=”#ffffff” background_color=”#1e73be” custom_padding=”0px||0px|20px” background_position=”top_left” background_repeat=”repeat” background_size=”initial”]

Section 6 – Analysis

[/et_pb_text][et_pb_video_slider admin_label=”Video Files – Section Analysis” show_image_overlay=”on” show_arrows=”on” show_thumbnails=”on” controls_color=”light”][et_pb_video_slider_item admin_title=”Section Video Analysis” background_layout=”dark” src=”https://vimeo.com/152056219″]
[/et_pb_video_slider_item][/et_pb_video_slider][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section bb_built=”1″ fullwidth=”off” specialty=”off” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”off” padding_mobile=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”on” make_equal=”off” use_custom_gutter=”off” gutter_width=”3″ prev_background_color=”#ffffff” next_background_color=”#FFFFFF” custom_padding_tablet=”50px|0|50px|0″ custom_padding_last_edited=”on|desktop” inner_width=”auto” inner_max_width=”1080px” global_module=”1425″][et_pb_row global_parent=”1425″ background_position=”top_left” background_repeat=”repeat” background_size=”initial” width=”80%” max_width=”1080px”][et_pb_column type=”1_2″ global_parent=”1425″ custom_padding__hover=”|||” custom_padding=”|||” parallax_method=”on”][et_pb_toggle admin_label=”New Section In Current Tab” global_parent=”1425″ title=”FRS 102″ use_border_color=”off” background_position=”top_left” background_repeat=”repeat” background_size=”initial” _builder_version=”3.26.3″ text_shadow_horizontal_length=”text_shadow_style,%91object Object%93″ text_shadow_horizontal_length_tablet=”0px” text_shadow_vertical_length=”text_shadow_style,%91object Object%93″ text_shadow_vertical_length_tablet=”0px” text_shadow_blur_strength=”text_shadow_style,%91object Object%93″ text_shadow_blur_strength_tablet=”1px” title_text_shadow_horizontal_length=”title_text_shadow_style,%91object Object%93″ title_text_shadow_horizontal_length_tablet=”0px” title_text_shadow_vertical_length=”title_text_shadow_style,%91object Object%93″ title_text_shadow_vertical_length_tablet=”0px” title_text_shadow_blur_strength=”title_text_shadow_style,%91object Object%93″ title_text_shadow_blur_strength_tablet=”1px” closed_title_text_shadow_horizontal_length=”closed_title_text_shadow_style,%91object Object%93″ closed_title_text_shadow_horizontal_length_tablet=”0px” closed_title_text_shadow_vertical_length=”closed_title_text_shadow_style,%91object Object%93″ closed_title_text_shadow_vertical_length_tablet=”0px” closed_title_text_shadow_blur_strength=”closed_title_text_shadow_style,%91object Object%93″ closed_title_text_shadow_blur_strength_tablet=”1px” body_text_shadow_horizontal_length=”body_text_shadow_style,%91object Object%93″ body_text_shadow_horizontal_length_tablet=”0px” body_text_shadow_vertical_length=”body_text_shadow_style,%91object Object%93″ body_text_shadow_vertical_length_tablet=”0px” body_text_shadow_blur_strength=”body_text_shadow_style,%91object Object%93″ body_text_shadow_blur_strength_tablet=”1px” body_link_text_shadow_horizontal_length=”body_link_text_shadow_style,%91object Object%93″ body_link_text_shadow_horizontal_length_tablet=”0px” body_link_text_shadow_vertical_length=”body_link_text_shadow_style,%91object Object%93″ body_link_text_shadow_vertical_length_tablet=”0px” body_link_text_shadow_blur_strength=”body_link_text_shadow_style,%91object Object%93″ body_link_text_shadow_blur_strength_tablet=”1px” body_ul_text_shadow_horizontal_length=”body_ul_text_shadow_style,%91object Object%93″ body_ul_text_shadow_horizontal_length_tablet=”0px” body_ul_text_shadow_vertical_length=”body_ul_text_shadow_style,%91object Object%93″ body_ul_text_shadow_vertical_length_tablet=”0px” body_ul_text_shadow_blur_strength=”body_ul_text_shadow_style,%91object Object%93″ body_ul_text_shadow_blur_strength_tablet=”1px” body_ol_text_shadow_horizontal_length=”body_ol_text_shadow_style,%91object Object%93″ body_ol_text_shadow_horizontal_length_tablet=”0px” body_ol_text_shadow_vertical_length=”body_ol_text_shadow_style,%91object Object%93″ body_ol_text_shadow_vertical_length_tablet=”0px” body_ol_text_shadow_blur_strength=”body_ol_text_shadow_style,%91object Object%93″ body_ol_text_shadow_blur_strength_tablet=”1px” body_quote_text_shadow_horizontal_length=”body_quote_text_shadow_style,%91object Object%93″ body_quote_text_shadow_horizontal_length_tablet=”0px” body_quote_text_shadow_vertical_length=”body_quote_text_shadow_style,%91object Object%93″ body_quote_text_shadow_vertical_length_tablet=”0px” body_quote_text_shadow_blur_strength=”body_quote_text_shadow_style,%91object Object%93″ body_quote_text_shadow_blur_strength_tablet=”1px” box_shadow_horizontal_tablet=”0px” box_shadow_vertical_tablet=”0px” box_shadow_blur_tablet=”40px” box_shadow_spread_tablet=”0px” z_index_tablet=”500″]

[/et_pb_toggle][/et_pb_column][et_pb_column type=”1_2″ global_parent=”1425″ custom_padding__hover=”|||” custom_padding=”|||” parallax_method=”on”][et_pb_toggle admin_label=”New Section in New Tab” global_parent=”1425″ title=”FRS 105″ use_border_color=”off” background_position=”top_left” background_repeat=”repeat” background_size=”initial” _builder_version=”3.26.3″ text_shadow_horizontal_length=”text_shadow_style,%91object Object%93″ text_shadow_horizontal_length_tablet=”0px” text_shadow_vertical_length=”text_shadow_style,%91object Object%93″ text_shadow_vertical_length_tablet=”0px” text_shadow_blur_strength=”text_shadow_style,%91object Object%93″ text_shadow_blur_strength_tablet=”1px” title_text_shadow_horizontal_length=”title_text_shadow_style,%91object Object%93″ title_text_shadow_horizontal_length_tablet=”0px” title_text_shadow_vertical_length=”title_text_shadow_style,%91object Object%93″ title_text_shadow_vertical_length_tablet=”0px” title_text_shadow_blur_strength=”title_text_shadow_style,%91object Object%93″ title_text_shadow_blur_strength_tablet=”1px” closed_title_text_shadow_horizontal_length=”closed_title_text_shadow_style,%91object Object%93″ closed_title_text_shadow_horizontal_length_tablet=”0px” closed_title_text_shadow_vertical_length=”closed_title_text_shadow_style,%91object Object%93″ closed_title_text_shadow_vertical_length_tablet=”0px” closed_title_text_shadow_blur_strength=”closed_title_text_shadow_style,%91object Object%93″ closed_title_text_shadow_blur_strength_tablet=”1px” body_text_shadow_horizontal_length=”body_text_shadow_style,%91object Object%93″ body_text_shadow_horizontal_length_tablet=”0px” body_text_shadow_vertical_length=”body_text_shadow_style,%91object Object%93″ body_text_shadow_vertical_length_tablet=”0px” body_text_shadow_blur_strength=”body_text_shadow_style,%91object Object%93″ body_text_shadow_blur_strength_tablet=”1px” body_link_text_shadow_horizontal_length=”body_link_text_shadow_style,%91object Object%93″ body_link_text_shadow_horizontal_length_tablet=”0px” body_link_text_shadow_vertical_length=”body_link_text_shadow_style,%91object Object%93″ body_link_text_shadow_vertical_length_tablet=”0px” body_link_text_shadow_blur_strength=”body_link_text_shadow_style,%91object Object%93″ body_link_text_shadow_blur_strength_tablet=”1px” body_ul_text_shadow_horizontal_length=”body_ul_text_shadow_style,%91object Object%93″ body_ul_text_shadow_horizontal_length_tablet=”0px” body_ul_text_shadow_vertical_length=”body_ul_text_shadow_style,%91object Object%93″ body_ul_text_shadow_vertical_length_tablet=”0px” body_ul_text_shadow_blur_strength=”body_ul_text_shadow_style,%91object Object%93″ body_ul_text_shadow_blur_strength_tablet=”1px” body_ol_text_shadow_horizontal_length=”body_ol_text_shadow_style,%91object Object%93″ body_ol_text_shadow_horizontal_length_tablet=”0px” body_ol_text_shadow_vertical_length=”body_ol_text_shadow_style,%91object Object%93″ body_ol_text_shadow_vertical_length_tablet=”0px” body_ol_text_shadow_blur_strength=”body_ol_text_shadow_style,%91object Object%93″ body_ol_text_shadow_blur_strength_tablet=”1px” body_quote_text_shadow_horizontal_length=”body_quote_text_shadow_style,%91object Object%93″ body_quote_text_shadow_horizontal_length_tablet=”0px” body_quote_text_shadow_vertical_length=”body_quote_text_shadow_style,%91object Object%93″ body_quote_text_shadow_vertical_length_tablet=”0px” body_quote_text_shadow_blur_strength=”body_quote_text_shadow_style,%91object Object%93″ body_quote_text_shadow_blur_strength_tablet=”1px” box_shadow_horizontal_tablet=”0px” box_shadow_vertical_tablet=”0px” box_shadow_blur_tablet=”40px” box_shadow_spread_tablet=”0px” z_index_tablet=”500″]

[/et_pb_toggle][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section bb_built=”1″ fullwidth=”off” specialty=”off” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”off” custom_padding=”0px||0px|” padding_mobile=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”on” make_equal=”off” use_custom_gutter=”off” gutter_width=”3″ custom_padding_tablet=”50px|0|50px|0″ custom_padding_last_edited=”on|desktop” prev_background_color=”#FFFFFF” next_background_color=”#000000″ inner_width=”auto” inner_max_width=”1080px”][et_pb_row global_parent=”1284″ make_fullwidth=”off” use_custom_width=”off” width_unit=”on” use_custom_gutter=”off” gutter_width=”3″ padding_mobile=”off” allow_player_pause=”off” parallax=”off” parallax_method=”off” make_equal=”off” column_padding_mobile=”on” background_position=”top_left” background_repeat=”repeat” background_size=”initial” width=”80%” max_width=”1080px”][et_pb_column type=”4_4″ custom_padding__hover=”|||” custom_padding=”|||” parallax_method=”on”][et_pb_divider global_parent=”1284″ color=”#1e73be” show_divider=”on” divider_style=”solid” divider_position=”top” divider_weight=”1″ hide_on_mobile=”on” disabled_on=”on|on|off” /][et_pb_text admin_label=”Section Downloads Heading” global_parent=”1284″ background_layout=”light” text_orientation=”left” text_font_size=”14″ use_border_color=”off” border_color=”#ffffff” border_style=”solid” custom_padding=”0px||0px|” custom_margin=”0px||0px|” background_position=”top_left” background_repeat=”repeat” background_size=”initial”]

Section Downloads

[/et_pb_text][et_pb_tabs admin_label=”Section Downloads” global_parent=”1284″ use_border_color=”off” background_position=”top_left” background_repeat=”repeat” background_size=”initial” _builder_version=”3.26.3″ body_text_shadow_horizontal_length=”body_text_shadow_style,%91object Object%93″ body_text_shadow_horizontal_length_tablet=”0px” body_text_shadow_vertical_length=”body_text_shadow_style,%91object Object%93″ body_text_shadow_vertical_length_tablet=”0px” body_text_shadow_blur_strength=”body_text_shadow_style,%91object Object%93″ body_text_shadow_blur_strength_tablet=”1px” body_link_text_shadow_horizontal_length=”body_link_text_shadow_style,%91object Object%93″ body_link_text_shadow_horizontal_length_tablet=”0px” body_link_text_shadow_vertical_length=”body_link_text_shadow_style,%91object Object%93″ body_link_text_shadow_vertical_length_tablet=”0px” body_link_text_shadow_blur_strength=”body_link_text_shadow_style,%91object Object%93″ body_link_text_shadow_blur_strength_tablet=”1px” body_ul_text_shadow_horizontal_length=”body_ul_text_shadow_style,%91object Object%93″ body_ul_text_shadow_horizontal_length_tablet=”0px” body_ul_text_shadow_vertical_length=”body_ul_text_shadow_style,%91object Object%93″ body_ul_text_shadow_vertical_length_tablet=”0px” body_ul_text_shadow_blur_strength=”body_ul_text_shadow_style,%91object Object%93″ body_ul_text_shadow_blur_strength_tablet=”1px” body_ol_text_shadow_horizontal_length=”body_ol_text_shadow_style,%91object Object%93″ body_ol_text_shadow_horizontal_length_tablet=”0px” body_ol_text_shadow_vertical_length=”body_ol_text_shadow_style,%91object Object%93″ body_ol_text_shadow_vertical_length_tablet=”0px” body_ol_text_shadow_blur_strength=”body_ol_text_shadow_style,%91object Object%93″ body_ol_text_shadow_blur_strength_tablet=”1px” body_quote_text_shadow_horizontal_length=”body_quote_text_shadow_style,%91object Object%93″ body_quote_text_shadow_horizontal_length_tablet=”0px” body_quote_text_shadow_vertical_length=”body_quote_text_shadow_style,%91object Object%93″ body_quote_text_shadow_vertical_length_tablet=”0px” body_quote_text_shadow_blur_strength=”body_quote_text_shadow_style,%91object Object%93″ body_quote_text_shadow_blur_strength_tablet=”1px” tab_text_shadow_horizontal_length=”tab_text_shadow_style,%91object Object%93″ tab_text_shadow_horizontal_length_tablet=”0px” tab_text_shadow_vertical_length=”tab_text_shadow_style,%91object Object%93″ tab_text_shadow_vertical_length_tablet=”0px” tab_text_shadow_blur_strength=”tab_text_shadow_style,%91object Object%93″ tab_text_shadow_blur_strength_tablet=”1px” box_shadow_horizontal_tablet=”0px” box_shadow_vertical_tablet=”0px” box_shadow_blur_tablet=”40px” box_shadow_spread_tablet=”0px” z_index_tablet=”500″][et_pb_tab _builder_version=”3.26.3″ title=”Index” use_background_color_gradient=”off” background_color_gradient_start=”#2b87da” background_color_gradient_end=”#29c4a9″ background_color_gradient_type=”linear” background_color_gradient_direction=”180deg” background_color_gradient_direction_radial=”center” background_color_gradient_start_position=”0%” background_color_gradient_end_position=”100%” background_color_gradient_overlays_image=”off” parallax=”off” parallax_method=”on” background_size=”cover” background_position=”center” background_repeat=”no-repeat” background_blend=”normal” allow_player_pause=”off” background_video_pause_outside_viewport=”on” tab_text_shadow_style=”none” body_text_shadow_style=”none”]

Contents

6.1 Scope of this section.

6.2 Small Companies Exemption.

6.2.1 Extract from FRS102: Section 6.1A..

6.2.2 OmniPro comment.

6.3 Statement of changes in equity.

6.3.1 Extract from FRS102: Section 6.2-6.3A.

6.3.2 OmniPro comment.

6.3.2.1 Analysis.

6.3.2.1.1 Specific items to be included in the Statement of changes in Equity.

6.3.2.1.2 Where to show the breakdown of the movement of other comprehensive income.

6.3.2.1.3 The requirements to provide a description of each equity reserve and where to include it.

6.3.2.1.4 The get out of from presenting a statement of changes in Equity.

6.3.2.1.5 Practical illustration of the requirements for a statement of changes in Equity.

6.3.2.1.5.1 Consolidated Statement of Changes in Equity.

6.3.2.1.5.1.1 Description of reserves in equity and the reason for movement.

6.3.2.1.5.2 Individual entity Statement of Changes in Equity.

6.3.2.1.5.2.1 Description of reserves in equity and the reason for movements.

6.3.2.1.5.3  Statement of changes in Equity where prior period error /change in accounting policy disclosed.

6.4  Statement of income and retained earnings.

6.4.1 Extract from FRS102: Section 6.4-6.5.

6.4.2 OmniPro comment.

6.4.2.1 Statement of Income and retained earnings defined.

6.4.2.2 When can the statement of income and retained earnings be adopted.

6.4.2.3  Illustrations practically of the Statement of income and retained earnings.

[/et_pb_tab][et_pb_tab title=”Quick Guide” tab_font_select=”default” body_font_select=”default” _builder_version=”3.26.3″ use_background_color_gradient=”off” background_color_gradient_start=”#2b87da” background_color_gradient_end=”#29c4a9″ background_color_gradient_type=”linear” background_color_gradient_direction=”180deg” background_color_gradient_direction_radial=”center” background_color_gradient_start_position=”0%” background_color_gradient_end_position=”100%” background_color_gradient_overlays_image=”off” parallax=”off” parallax_method=”on” background_size=”cover” background_position=”center” background_repeat=”no-repeat” background_blend=”normal” allow_player_pause=”off” background_video_pause_outside_viewport=”on” tab_text_shadow_style=”none” body_text_shadow_style=”none”]

Downloads

Download “Section 6 Statement of Changes in Equity and Statement of Income and Retained Earnings Quick Guide (PDF)”

06.01.01-Section 6-(SOCE).pdf – Downloaded 23 times –

 

Section 6: Statement of Changes in Equity and Statement of Income and Retained Earnings (SOCE)

Summary

Section 6 deals with the requirements for the presentation of changes in an entity’s equity for a period. 

What is new?

If the only changes in equity arise from profit or loss, dividends, changes in accounting policies or the correction of errors, a combined statement of income and retained earnings may be presented instead of the requirements detailed below.

What is different?

The Statement of Changes in Equity (the ‘SOCE’) is one of the primary financial statements, whereas previously there was a choice to disclose this as a note in the financial statements or on the face of the financial statements.

What are the key points?

The SOCE presents all changes in equity, including:

i) profit or loss;

ii) other comprehensive income; and

iii) transactions with owners in their capacity as owners, e.g. dividends, treasury shares, changes in ownership interest in subsidiaries that do not result in loss of control.

What do accountants need to do?

Be aware of the changes in primary statements introduced by FRS 102 so that they prepare financial statements which are compliant with FRS 102 and advise clients of the difference.

What do companies need to do?

Be aware of the changes in primary statements introduced by FRS 102 so that they prepare financial statements which are compliant with FRS 102.

[/et_pb_tab][et_pb_tab title=”Practical Examples” tab_font_select=”default” body_font_select=”default” tab_font=”||||” tab_line_height=”2em” tab_line_height_tablet=”2em” tab_line_height_phone=”2em” body_font=”||||” body_line_height=”2em” body_line_height_tablet=”2em” body_line_height_phone=”2em” _builder_version=”3.26.3″ use_background_color_gradient=”off” background_color_gradient_start=”#2b87da” background_color_gradient_end=”#29c4a9″ background_color_gradient_type=”linear” background_color_gradient_direction=”180deg” background_color_gradient_direction_radial=”center” background_color_gradient_start_position=”0%” background_color_gradient_end_position=”100%” background_color_gradient_overlays_image=”off” parallax=”off” parallax_method=”on” background_size=”cover” background_position=”center” background_repeat=”no-repeat” background_blend=”normal” allow_player_pause=”off” background_video_pause_outside_viewport=”on” tab_text_shadow_style=”none” body_text_shadow_style=”none” tab_text_shadow_horizontal_length=”0em” tab_text_shadow_vertical_length=”0em” tab_text_shadow_blur_strength=”0em” body_text_shadow_horizontal_length=”0em” body_text_shadow_vertical_length=”0em” body_text_shadow_blur_strength=”0em”]

Examples

Example 1: Consolidated Statement of Change in Equity

Example 2: Statement of Change in Equity – Non-Group Company.

Example 3: Prior year adjustments or change in policy reflected in Statement of Changes in Equity.

Example 4: Statement of income and retained earnings.


 

[/et_pb_tab][et_pb_tab title=”Detailed Guide” tab_font_select=”default” body_font_select=”default” tab_font=”||||” tab_line_height=”2em” tab_line_height_tablet=”2em” tab_line_height_phone=”2em” body_font=”||||” body_line_height=”2em” body_line_height_tablet=”2em” body_line_height_phone=”2em” _builder_version=”3.26.3″ link_option_url_new_window=”off” use_background_color_gradient=”off” background_color_gradient_start=”#2b87da” background_color_gradient_end=”#29c4a9″ background_color_gradient_type=”linear” background_color_gradient_direction=”180deg” background_color_gradient_direction_tablet=”180deg” background_color_gradient_direction_phone=”180deg” background_color_gradient_direction_radial=”center” background_color_gradient_start_position=”0%” background_color_gradient_start_position_tablet=”0%” background_color_gradient_start_position_phone=”0%” background_color_gradient_end_position=”100%” background_color_gradient_end_position_tablet=”100%” background_color_gradient_end_position_phone=”100%” background_color_gradient_overlays_image=”off” parallax=”off” parallax_method=”on” background_size=”cover” background_position=”center” background_repeat=”no-repeat” background_blend=”normal” allow_player_pause=”off” background_video_pause_outside_viewport=”on” body_text_shadow_style=”none” body_text_shadow_horizontal_length=”body_text_shadow_style,%91object Object%93″ body_text_shadow_horizontal_length_tablet=”0px” body_text_shadow_horizontal_length_phone=”0px” body_text_shadow_vertical_length=”body_text_shadow_style,%91object Object%93″ body_text_shadow_vertical_length_tablet=”0px” body_text_shadow_vertical_length_phone=”0px” body_text_shadow_blur_strength=”body_text_shadow_style,%91object Object%93″ body_text_shadow_blur_strength_tablet=”1px” body_text_shadow_blur_strength_phone=”1px” body_link_text_shadow_style=”none” body_link_text_shadow_horizontal_length=”body_link_text_shadow_style,%91object Object%93″ body_link_text_shadow_horizontal_length_tablet=”0px” body_link_text_shadow_horizontal_length_phone=”0px” body_link_text_shadow_vertical_length=”body_link_text_shadow_style,%91object Object%93″ body_link_text_shadow_vertical_length_tablet=”0px” body_link_text_shadow_vertical_length_phone=”0px” body_link_text_shadow_blur_strength=”body_link_text_shadow_style,%91object Object%93″ body_link_text_shadow_blur_strength_tablet=”1px” body_link_text_shadow_blur_strength_phone=”1px” body_ul_text_shadow_style=”none” body_ul_text_shadow_horizontal_length=”body_ul_text_shadow_style,%91object Object%93″ body_ul_text_shadow_horizontal_length_tablet=”0px” body_ul_text_shadow_horizontal_length_phone=”0px” body_ul_text_shadow_vertical_length=”body_ul_text_shadow_style,%91object Object%93″ body_ul_text_shadow_vertical_length_tablet=”0px” body_ul_text_shadow_vertical_length_phone=”0px” body_ul_text_shadow_blur_strength=”body_ul_text_shadow_style,%91object Object%93″ body_ul_text_shadow_blur_strength_tablet=”1px” body_ul_text_shadow_blur_strength_phone=”1px” body_ol_text_shadow_style=”none” body_ol_text_shadow_horizontal_length=”body_ol_text_shadow_style,%91object Object%93″ body_ol_text_shadow_horizontal_length_tablet=”0px” body_ol_text_shadow_horizontal_length_phone=”0px” body_ol_text_shadow_vertical_length=”body_ol_text_shadow_style,%91object Object%93″ body_ol_text_shadow_vertical_length_tablet=”0px” body_ol_text_shadow_vertical_length_phone=”0px” body_ol_text_shadow_blur_strength=”body_ol_text_shadow_style,%91object Object%93″ body_ol_text_shadow_blur_strength_tablet=”1px” body_ol_text_shadow_blur_strength_phone=”1px” body_quote_text_shadow_style=”none” body_quote_text_shadow_horizontal_length=”body_quote_text_shadow_style,%91object Object%93″ body_quote_text_shadow_horizontal_length_tablet=”0px” body_quote_text_shadow_horizontal_length_phone=”0px” body_quote_text_shadow_vertical_length=”body_quote_text_shadow_style,%91object Object%93″ body_quote_text_shadow_vertical_length_tablet=”0px” body_quote_text_shadow_vertical_length_phone=”0px” body_quote_text_shadow_blur_strength=”body_quote_text_shadow_style,%91object Object%93″ body_quote_text_shadow_blur_strength_tablet=”1px” body_quote_text_shadow_blur_strength_phone=”1px” tab_text_shadow_style=”none” tab_text_shadow_horizontal_length=”tab_text_shadow_style,%91object Object%93″ tab_text_shadow_horizontal_length_tablet=”0px” tab_text_shadow_horizontal_length_phone=”0px” tab_text_shadow_vertical_length=”tab_text_shadow_style,%91object Object%93″ tab_text_shadow_vertical_length_tablet=”0px” tab_text_shadow_vertical_length_phone=”0px” tab_text_shadow_blur_strength=”tab_text_shadow_style,%91object Object%93″ tab_text_shadow_blur_strength_tablet=”1px” tab_text_shadow_blur_strength_phone=”1px” is4wp_anymembership=”off” is4wp_membership_levels-658=”off” is4wp_membership_levels-1200=”off” is4wp_membership_levels-622=”off” is4wp_membership_levels-614=”off” is4wp_loggedin=”off” is4wp_anonymous_only=”off” hover_transition_duration=”300ms” hover_transition_duration_tablet=”300ms” hover_transition_duration_phone=”300ms” hover_transition_delay=”0ms” hover_transition_delay_tablet=”0ms” hover_transition_delay_phone=”0ms” hover_transition_speed_curve=”ease”]

Downloads

Download “Section 6 Statement of Changes in Equity and Statement of Income and Retained Earnings Detailed Guide (PDF)”

Section-6-Statement-of-Changes-in-Equity-%26-Statement-of-Income-%26-Retained-Earnings-Detailed-Guide.pdf – Downloaded 23 times –

Website Links

Section 6 Detailed Guide

[/et_pb_tab][et_pb_tab title=”Difference Guide” tab_font_select=”default” body_font_select=”default” tab_font=”||||” tab_line_height=”2em” tab_line_height_tablet=”2em” tab_line_height_phone=”2em” body_font=”||||” body_line_height=”2em” body_line_height_tablet=”2em” body_line_height_phone=”2em” _builder_version=”3.26.3″]

Downloads

Download “FRS 102 35 Part Differences Quick Guide”

60.03.01-35-Part-Differences-Quick-Guide.pdf – Downloaded 262 times – 657.87 KB

Download “FRS 102 35 Part Differences Guide”

60.03.02-35-Part-Differences-Guide.pdf – Downloaded 141 times –

Download “FRS 102 Differences on Transition Checklist”

60.03.04-FRS-102-Differences-on-Transition-Checklist.pdf – Downloaded 188 times –

Download “FRS 102 Differences on Transition Examples Appendix”

60.03.03-FRS102-Differences-on-Transition-Examples-Appendix.pdf – Downloaded 282 times –

Download “Fillable Differences on Transition Checklist”

60.03.06-Fillable-Differences-on-Transition-Checklist.docx – Downloaded 176 times –

Website Links

Section 6 – Difference Guide – Statement of Changes in Equity and Statement of Income and Retained Earnings (SOCE)

[/et_pb_tab][et_pb_tab title=”Disclosures” tab_font_select=”default” body_font_select=”default” tab_font=”||||” tab_line_height=”2em” tab_line_height_tablet=”2em” tab_line_height_phone=”2em” body_font=”||||” body_line_height=”2em” body_line_height_tablet=”2em” body_line_height_phone=”2em” _builder_version=”3.26.3″]

Downloads

Download “Section 6 Disclosure Examples”

06.10.01-Section-6-Disclosure-Examples.pdf – Downloaded 17 times –

Download “FRS 102 Disclosure Checklist UK (PDF)”

75.06.03-FRS-102-Disclosure-Checklist-UK.pdf – Downloaded 180 times –

Website Links

Section 6 – Disclosure Checklist

[/et_pb_tab][/et_pb_tabs][et_pb_divider global_parent=”1284″ color=”#1e73be” show_divider=”on” divider_style=”solid” divider_position=”top” divider_weight=”1″ hide_on_mobile=”on” disabled_on=”on|on|off” /][/et_pb_column][/et_pb_row][et_pb_row global_parent=”1284″ background_position=”top_left” background_repeat=”repeat” background_size=”initial” width=”80%” max_width=”1080px”][et_pb_column type=”4_4″ custom_padding__hover=”|||” custom_padding=”|||” parallax_method=”on”][et_pb_text global_parent=”1284″ background_layout=”light” use_border_color=”off” background_position=”top_left” background_repeat=”repeat” background_size=”initial” _builder_version=”3.0.106″ /][/et_pb_column][/et_pb_row][/et_pb_section]