Hello in this presentation we will describe the statement of equity objectives, we will be able to at the end of this describe the statement of owner’s equity, list the components of the statement of owner’s equity and explain the reasons for a statement of owner’s equity. When we consider the statement of owner’s equity, we are like the income statement and unlike the balance sheet, talking about a timeframe, meaning we have a beginning and end point, unlike the income statement, the beginning point is not zero meaning we are going to start at the beginning point of the net value or the equity section of the prior balance.
