Explain the purpose of a statement showing changes in equity.
Question:
Explain the purpose of a statement showing changes in equity.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 25% (4 reviews)
The statement shows the ...View the full answer
Answered By
Saikumar Ramagiri
Financial accounting:- Journal and ledgers, preparation of trail balance and adjusted trail balance Preparation of income statement, retained earning statement and balance sheet Banks reconciliation statements Financial statement analysis Cash flow statement analysis (both direct and indirect methods) All methods of Depreciations Management Accounting:- Ratios Budgeting control Cash budget and production budget Working capital management Receivable management Costing:- Standard and variance costing Marginal costing and decision making Cost-volume-profit analysis Inventory management (LIFO, FIFO) Preparation and estimation of cost sheet Portfolio management:- Calculation of portfolio standard deviation or risk Calculation of portfolio expected returns CAPM, Beta Financial management:- Time value of money Capital budgeting Cost of capital Leverage analysis and capital structure policies Dividend policy Bond value calculations like YTM, current yield etc International finance:- Derivatives Futures and options Swaps and forwards Business problems Finance problems Education (mention all your degrees, year awarded, Institute/University, field(s) of major): Education Qualification Board/Institution/ University Month/Year of Passing % Secured OPTIONALS/ Major ICWAI(inter) ICWAI inter Pursuing Pursuing - M.com(Finance) Osmania University June 2007 65 Finance & Taxation M B A (Finance) Osmania University Dec 2004 66 Finance & Marketing. B.Com Osmania University June 2002 72 Income Tax, Cost & Mgt, Accountancy, Auditing. Intermediate (XII) Board of Intermediate May 1999 58 Mathematics, Accountancy, Economics. S S C (X) S S C Board. May 1997 74 Mathematics, Social Studies, Science. Tutoring experience: • 10 year experience in online trouble shooting problems related to finance/accountancy. • Since 6 Years working with solution inn as a tutor, I have solved thousands of questions, quick and accuracy Skills (optional): Technical Exposure: MS Office, SQL, Tally, Wings, Focus, Programming with C Financial : Portfolio/Financial Management, Ratio Analysis, Capital Budgeting Stock Valuation & Dividend Policy, Bond Valuations Individual Skills : Proactive Nature, Self Motivative, Clear thought process, Quick problem solving skills, flexible to complex situations. Achievements : 1. I have received an Award certificate from Local Area MLA for the cause of getting 100% marks in Accountancy during my Graduation. 2. I have received a GOLD MEDAL/Scholarship from Home Minister in my MBA for being the “Top Rank student “ of management institute. 3. I received numerous complements and extra pay from various students for trouble shooting their online problems. Other interests/Hobbies (optional): ? Web Surfing ? Sports ? Watching Comics, News channels ? Miniature Collection ? Exploring hidden facts ? Solving riddles and puzzles
4.80+
391+ Reviews
552+ Question Solved
Related Book For
Cambridge International As And A Level Accounting Revision Guide
ISBN: 9781444192001
1st Edition
Authors: Ian Harrison, Michael Hillman
Question Posted:
Students also viewed these Business questions
-
Explain the purpose of a statement of changes in equity and list the main items that should be shown in this statement.
-
. Prepare a Balance Sheet in proper format using the below information as of 12/31/21. (Use the Example 2-Yr F/S in Canvas as a guide). Show your work. (6 pts) Accounts Payable $125,000 Retained...
-
Explain the purpose of a chart of accounts.
-
Let S represent the amount of steel produced (in tons). Steel production is related to the amount of labor used (L) and the amount of capital used (C) by the following function: S = 20 L0.30 C 0.70...
-
John Holland, accountant for Sunny Pie Foods, was injured in an auto accident. While he was recuperating, another inexperienced employee prepared the following income statement for the fiscal year...
-
Who should convene and charter the Governance Council? What form of leadership should the Governance Council adopt (e.g., leadership by a single administrator, surgeon, or anesthesiologist;...
-
What is diversity? AppendixLO1
-
Selected balance sheet information for the Wolf Company at November 30, and December 31, 2011, is presented below. The company uses the perpetual inventory system and all sales to customers are made...
-
Instruction Labels and Amount Descriptions Statement of Cost of Goods Manufactured Income Statement Partial Balance Sheet Instruction Zoe Corporation has the following information for the month of...
-
(a). What is an intangible non-current asset? (b). What is meant by the amortisation of an intangible non-current asset?
-
(a). Explain the difference between capital and revenue reserves. (b). When money is withdrawn from reserves, how may it be used?
-
In problem 2.6, you drew two different AS supply curves, based on the sensitivity of inflation to the output gap. The following graph shows a curve that is sensitive to inflation changes (AS1) and a...
-
While sovling y' = Ky(Ay), we used the fact that 1 y(1) 1 1 - y y-A Use partial fraction decomposition (and a bit of algebra) to show that this is true. 1) Use partial fractions. Do not merely...
-
You are fluent in three languages. In terms of your strengths, this is an example of what? a. Personal brand b. Vocation c. Experience d. Competency
-
Miller Company's contribution format income statement for the most recent month is shown below: Sales (45,000 units) Variable expenses Contribution margin Fixed expenses Net operating income...
-
Find f''(x). f(x) = (x+8) 5 f''(x) =
-
How does the market play into business financials? 2- How do stocks and bonds play into the future of the organization? 3- What is the future value of money and what is it used for? 4- What is a...
-
A candle will burn only if oxygen is present. Will a candle burn twice as long in an inverted liter jar as it will in an inverted half-liter jar? Try it and see.
-
Dawson Companys balance sheet information at the end of 2019 and 2020 is as follows: Additional information: The company did not issue any common stock during 2020. Required : Next Level Fill in the...
-
Why is the price quoted for a rights issue of shares generally lower than the current market price?
-
Explain one difference between a rights issue and a bonus issue of shares.
-
Both a rights issue and a bonus issue of shares are offered only to existing shareholders. True/False?
-
Docs Auto Body has budgeted the costs of the following repair time and parts activities for 2009: Doc's budgets 6,000 hours of repair time in 2009. A profit margin of $7 per labour hour will be added...
-
QUESTION 28 In a perpetual inventory system, the cost of inventory sold is: Debited to accounts receivable. Debited to cost of goods sold. O Not recorded at the time goods are sold. O Credited to...
-
The following financial statements and additional information are reported. IKIBAN INC. Comparative Balance Sheets June 30, 2019 and 2018 2019 2018 $105,709 69,500 66,800 4,700 246,700 127,eee...
Study smarter with the SolutionInn App