|
A statement of retained earnings (and similarly an ''equity statement'', ''statement of owner's equity'' for a single proprietorship, ''statement of partners' equity'' for a partnership, and statement of retained earnings and stockholders' equity (for a corporation) is a basic financial statement. The statement explains the changes in a company's retained earnings over the reporting period. They break down changes in the owners' interest in the organization, and in the application of retained profit or surplus from one accounting period to the next. Line items typically include profits or losses from operations, dividends paid, issue or redemption of stock, and any other items charged or credited to retained earnings. The statements are expected by generally accepted accounting principles and explain the owners' equity and retained earnings shown on the balance sheet, where: owners' equity = assets − liabilities ==Requirements of the U.S. GAAP== A retained earnings statement is required by the U.S. Generally Accepted Accounting Principles (U.S. GAAP) whenever comparative balance sheets and income statements are presented. It may appear in the balance sheet, in a combined income statement and changes in retained earnings statement, or as a separate schedule. Therefore, the statement of retained earnings uses information from the income statement and provides information to the balance sheet. Retained earnings are part of the balance sheet (another basic financial statement) under "stockholders equity (shareholders' equity)" and is mostly affected by net income earned during a period of time by the company less any dividends paid to the company's owners / stockholders. The retained earnings account on the balance sheet is said to represent an "accumulation of earnings" since net profits and losses are added/subtracted from the account from period to period. Retained Earnings are part of the "Statement of Changes in Equity". The general equation can be expressed as following: : ''Ending'' Retained Earnings = ''Beginning'' Retained Earnings − Dividends Paid + Net Income This equation is necessary to use to find the Profit Before Tax to use in the Cash Flow Statement under Operating Activities when using the indirect method. This is used whenever a comprehensive income statement is not given but only the balance sheet is given. 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「statement of retained earnings」の詳細全文を読む スポンサード リンク
|