Understanding Statement of Stockholders’ Equity

Statement of Stockholders’ Equity

Instead of a separate statement of retained earnings, companies commonly report a statement of stockholders’ equity that includes changes in retained earnings. A statement of stockholders’ equity Financial statement that lists the beginning and ending balances of each major equity account and describes all changes in those accounts. lists the beginning and ending balances of key equity accounts and describes the changes that occur during the period. The companies in Appendix A report such a statement. The usual format is to provide a column for each component of equity and use the rows to describe events occurring in the period. Exhibit 13.16 shows a condensed statement for Apple.

EXHIBIT 13.16	Statement of Stockholders’ Equity Apple