1. Explain the theoretical concepts underlying equity (e.g., residual interest, stewardship, and proprietary theories). 2. Discuss the recognition and measurement of share capital, retained earnings, and other reserves using relevant IFRS (e.g., IAS 1 and IAS 32). 3. Analyze the effects of a share repurchase (buy-back) and issuance of new shares on equity structure. 4. Provide an illustrative equity section of the Statement of Financial Position and Statement of Changes in Equity.

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter14: Corporation Accounting
Section: Chapter Questions
Problem 22Q: What information do you need to calculate the weighted average common shares outstanding?
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1. Explain the theoretical concepts underlying equity (e.g., residual interest,
stewardship, and proprietary theories).
2. Discuss the recognition and measurement of share capital, retained earnings,
and other reserves using relevant IFRS (e.g., IAS 1 and IAS 32).
3. Analyze the effects of a share repurchase (buy-back) and issuance of new
shares on equity structure.
4. Provide an illustrative equity section of the Statement of Financial Position and
Statement of Changes in Equity.
Transcribed Image Text:1. Explain the theoretical concepts underlying equity (e.g., residual interest, stewardship, and proprietary theories). 2. Discuss the recognition and measurement of share capital, retained earnings, and other reserves using relevant IFRS (e.g., IAS 1 and IAS 32). 3. Analyze the effects of a share repurchase (buy-back) and issuance of new shares on equity structure. 4. Provide an illustrative equity section of the Statement of Financial Position and Statement of Changes in Equity.
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