Simple English definitions for legal terms

statement of change in equity

Read a random definition: out of court

A quick definition of statement of change in equity:

A statement of change in equity is a financial statement that shows how a business owner's investment in the company has changed over a certain period of time. It includes information about the company's profits or losses, any money paid out to shareholders as dividends, any money taken out of the company by the owner, and any changes in accounting policies. It also shows how much money the company has saved up over time.

A more thorough explanation:

A statement of change in equity, also known as a statement of retained earnings, is a financial statement that shows how a company's owners' equity has changed over a specific period of time. It includes the following elements:

  • Net profit or loss
  • Dividend payments
  • Equity withdrawals
  • Effect of accounting policy changes
  • Effects of prior accounting period corrections
  • Accumulated reserves and retained earnings

For example, let's say a company had a net profit of $100,000 for the year. They paid out $20,000 in dividends to shareholders and withdrew $10,000 from their equity. They also made a change to their accounting policy that resulted in a $5,000 adjustment. The statement of change in equity would show these changes and the resulting increase or decrease in the company's retained earnings.

The statement of change in equity is important because it helps investors and stakeholders understand how a company's equity has changed over time and what factors have contributed to those changes.

Statehood (international law) | status


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sounds like per year, i'd guess you'll get an email further explaining it
half the questions are just "do you know that A->B does not mean ~A->~B
I'd guess 56k per year since their OOS tuition last year was $54,696. So exciting @thresh, congrats!!!!
[] ararara
If this happens, then that other things happens. That’s the whole lsat in a nutshell. Beyond the smoke and mirrors. It all makes sense.
Agree w/ @terriblytiredturtle, "Renewable" sounds like it's "renewable each year" (provided you don't flunk out/transfer/drop out to do an MFA instead)
Thanks @known and thanks everyone for deciphering that. Sorry if it caused any confusion
any idea if harvard interviews are/went out today?
and if so, what's the way they contact you? email, phone call?
[] ararara
Life on the other hand, not so much. I think in Ancient Greece lawyers used to be trained in the poetics to appeal to people’s emotional sides.
[] ararara
@LivelyWomanlyAlligator: e-mail
Would also match their out-of-state tuition (currently $56K, presumably increasing some for 2023-24) so that sounds like a full-tuition (but no room/board/etc.) scholarship given you're out of state
@ararara: to go back to what you said, yes i agree all tutors are different. I just had a bad experience and realized it wasn't for me.
I am out of state
Ima liberal so vegan crack for me
Yeah, so that would be $171K in the format LSD uses to enter scholarships
@WhatItDoBayBeee: i love that you posted that in general instead of off-topic lmao
Shhh idk what you’re talking about !
[] ararara
@Thersh: I think a major point of what tutors should do is create an experience you cannot get anywhere else every lesson and so yeah it sounds like that didn’t happen. Ultimately though you standing on your own is the biggest thing because nobody will be there with you on test day.
Everyone doll worm is crazy
[] ararara
I always try to do that. I take my notes that I’ve been building since keeping my wrong answer journal then tweak them based on what students are saying.
@Thersh: why are your top choices Duke, Michigan and Harvard? Just curious
why not?
lol I am not asking why not, just curious as to why given their spread
@taygoestolawschool: Duke + Michigan because seem like a great community. Harvard bc its Harvard, I live in Boston rn and a lot of my friends are staying here
slow day?
guys i had an interview today with a dean, and i feel like they were lowkey so cold with me :/ i know i shouldn't expect *dean andy* level of enthusiasm for every adcomm person but dang lowkey demoralizing when i came in with the ~energy~
@Thersh: Harvard made sense, and I agree with Duke and Michigan
[] ararara
@combativecitygirl: good rule of thumb for all of us is to focus on what you can learn during the interview. An interview is a two-way street.
@taygoestolawschool: I think a lot of schools in the T14 are obviously excellent so in an ideal world where i have my pick of the litter I would like to go somewhere where I can also be happy. (I also think I simply do not stand a chance at YLS or SLS so i haven't even romanticized them)
[] ararara
@thersh I haven’t clicked your profile but you should for sure apply you’re amazing
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