Wiley IFRS 2014: Interpretation and Application of International Financial Reporting Standards

Chapter 16SHAREHOLDERS' EQUITY

1. INTRODUCTION
2. DEFINITIONS OF TERMS
3. RECOGNITION AND MEASUREMENT
4. PRESENTATION AND DISCLOSURE
   1. 1. Disclosures relating to share capital
      2. Disclosures relating to other equity
5. CLASSIFICATION BETWEEN LIABILITIES AND EQUITY
   1. 1. Puttable shares
      2. Compound financial instruments
6. SHARE ISSUANCES AND RELATED MATTERS
   1. Additional Guidance Relative to Share Issuances and Related Matters
      1. Preferred shares
      2. Accounting for the issuance of shares
      3. Share capital issued for services
      4. Issuance of share units
      5. Share subscriptions
      6. Distinguishing additional contributed capital from the par or stated value of the shares
      7. Donated capital
   2. Compound and Convertible Equity Instruments
   3. Retained Earnings
   4. Dividends and Distributions
      1. Cash dividends
      2. Liquidating dividends
      3. Taxation impact
   5. Accounting for Treasury Share Transactions
   6. Members' Shares in Cooperative Entities
7. EXAMPLES OF FINANCIAL STATEMENT DISCLOSURES
8. COMPARISON WITH US GAAP

INTRODUCTION

The Framework defines equity as the residual interest in the assets of an entity after deducting all its liabilities. Shareholders' equity is comprised of all capital contributed to the entity (including share premium, also referred to as capital paid-in in excess of par value) plus retained earnings (which represents the entity's cumulative earnings, less all distributions that have been made therefrom).

IAS 1 suggests that shareholders' interests be subcategorized into three broad subdivisions: issued share capital, retained earnings (accumulated ...