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Reading and Understanding a Statement of Changes in Equity

Learn how to identify and locate all relevant information regarding equity in an entity's financial statements.

Many financial statement users focus on an entity's periodic results of operations and the makeup of its resources and obligations. Equity, meanwhile, is often seen as a single amount to be divided among equity holders in proportion to the amount owned. Due to the use of various types of securities representing equity of an entity, claims are not necessarily divided proportionately. Each transaction affecting stockholders' equity may represent a significant change to the rights of an equity holder and the amount of any distributions an equity holder may be entitled to. Understanding information reported in an entity's financial statements enables a user to interpret what each equity interest represents and to understand the significance of the amounts at which various components of equity are measured on the financial statements. This material will discuss the various components included in stockholders' equity, how the priorities are established for each type of equity interest and amounts attributable to the various equity security holders. You will learn how to identify and locate all relevant information regarding equity in an entity's financial statements. You will be able to read a statement of changes in stockholders' equity and to interpret disclosures in the context of reported equity.

92 minutes
Course Exam
Certificate of Completion
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Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Understanding Stockholders' Equity

  • Elements of Financial Statements
  • Components of Stockholders' Equity
  • Sources of Increases and Decreases to Stockholders' Equity

Content of Stockholders' Equity

  • Types of Equity Interests
  • Advantages and Disadvantages of Various Equity Securities
  • Recognition and Measurement of Stockholders' Equity Included on the Balance Sheet

Reporting Stockholders' Equity

  • Reporting Requirements Under GAAP
  • Presentation Alternatives
  • Examples of Presentation Alternatives

Disclosures Related to Stockholders' Equity

  • Disclosures Required Under GAAP
  • Evaluating Materiality
  • Alternatives for Providing Disclosures

Reading and Understanding the Reporting of Stockholders' Equity

  • Statement of Changes to Stockholders' Equity
  • Presentation on Balance Sheet
  • Presentation in Supplementary Schedule
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Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Course

This course was last revised on September 29, 2021.

Call 1-866-352-9540 for further credit information.

  • AIPB 1.5
     
  • This program is acceptable for 1.5 CPEC(s) towards the CB designation through the American Institute of Professional Bookkeepers (AIPB).
     

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

MP3 Download

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

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More Program Information

Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Mark E. Dauberman, CPA, EMBA

Mark E. Dauberman, CPA, EMBA

Mark Dauberman Seminars

  • Founder and Chief Executive Officer of Mark Dauberman Seminars, a provider of continuing professional education and staff training for CPAs and other professionals, entrepreneurs, and other participants in the business community
  • Consultant and technical reviewer providing assistance related to practice management and growth, business planning, internal controls, and compliance with standards
  • University instructor on numerous accounting and business topics at both undergraduate and graduate levels at various universities including California State University (CSU) at Northridge, CSU Los Angeles, Loyola Marymount University, and UCLA
  • Lecturer for the AICPA, the California Society of CPAs (CalCPA), the Association of Government Accountants (AGA), and various other professional organizations
  • Author of CCH’s “Knowledge Based Compilations, Reviews, and Preparation Engagements” and responsible for maintaining CCH checklists for engagements performed in accordance with Statements of Standards for Accounting and Review Services (SSARS)
  • Author of numerous articles for California CPA, a periodical of CalCPA on various financial statement topics such as accounting for leases, revenue recognition, variable interest entities, and other topics
  • Member of AICPA, CalCPA, the Association of Certified Fraud Examiners (ACFE), AGA, and the Philippine Institute of CPAs (PICPA)
  • Executive Masters in Business Administration (EMBA), Drucker School of Management at Claremont Graduate University; undergraduate degree in accounting, CSUN
  • Can be contacted at 310-351-6882 or [email protected]
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Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

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Product ID: 407304
Published 2021
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