The Statement of Changes in Equity shown in the Exhibit below, in vertical format, is shown in this way in the Accounting System > Group 10 > Statement of Changes of Equity. The format being used is a vertical format, as is usually prepared and presented by firms. A horizontal model can also be used where required. Please see the Worksheets for Q1 in the Accounting System > Group 4 > WorkSheets Q1.
The vertical format of the Statement of Changes in Equity, as shown in the Exhibit below, is prepared in the format normally presented by companies:
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