Also known as an equity statement or a statement of owner’s equity. Financial statement that explains all changes in a company’s earnings over the course of a reporting period. This statement is required when income statements and balance sheets are presented.

Previous Terms: 1031 Exchange, 1035 Exchange, AARP, Abeyance, Abstraction Principle, Accelerated Amortization, Acceptance Credit, Acceptance of a Bill of Exchange, Accommodation Bill, Accommodation Endorser