Statement of changes in equity

Discussion in 'CT2' started by AAStuck, Feb 16, 2008.

  1. AAStuck

    AAStuck Member

    In the acted notes, in Chapter 8 section 4 and chapter 10 section 2.3, there is mention of preparing the 'statement of changes in equity'.

    It appears to be part of the core reading but is not mentioned in the syllabus.

    Doesn anyone know if this is actually required or not ?

    Thanks
     
  2. Lynn Birchall

    Lynn Birchall ActEd Tutor Staff Member

    Hello

    Yes, preparing statements of changes in equity is required, ie you need to know the Core Reading on this topic, even though it isn't mentioned in the syllabus.

    For an example of a past exam question on this topic, look at the final question of the Sept 2007 exam paper.

    Hope that helps clear up any confusion - best of luck with the studying
    Lynn
     

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