Xem mẫu

Chapter 18 SHAREHOLDERS’ EQUITY © 2013 The McGraw-Hill Companies, Inc. The Nature of Shareholders’ Equity Assets – Liabilities = Shareholders’Equity Net Assets Sources of Shareholders’ Amounts invested by shareholders Equity Amounts earned by corporation Shareholders’ Equity Issued Capital Retained Earnings Reserves 18 - 2 Other gains and losses not included in net income Financial Reporting Overview 18 - 3 Reserves orAccumulated Other Comprehensive Income Reserves or Accumulated other comprehensive income include the following types of gains and losses that traditionally have been excluded from net income. Gains from revaluation of PPE Gains (losses) from foreign currency translation. Net unrealized gains (losses) on available-for-sale instruments Deferred gains (losses) on derivatives Gains (losses) from amendments to postretirement benefit plans 18 - 4 Presentation of Comprehensive Income Comprehensive income is reported periodically as it is created. There are 2 options for reporting comprehensive income created during the reporting period. An expanded statement immediately following the income statement 18 - 5 The accumulated amount of comprehensive income is reported as a separate item of shareholders’ equity in the statement of financial position, under U.S. GAAP, but not under IFRS. ... - tailieumienphi.vn