May 2018
Intermediate to advanced
1016 pages
38h 56m
English
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 categorised into three broad subdivisions: issued share capital, ...