Wondering how to properly present Shareholders' Equity under US GAAP? In this video, we walk you through the structure, components, and disclosure requirements of the equity section of the balance sheet, based on guidance from FASB ASC Topic 505 – Equity.
📌 In this video, you’ll learn:
What constitutes Shareholders' Equity under US GAAP
Key components: Common stock, preferred stock, additional paid-in capital (APIC), retained earnings, treasury stock, and accumulated other comprehensive income (AOCI)
Presentation format and order of line items
Treasury stock methods: cost method vs. par value method
OCI linkage and its role in equity
Disclosure requirements and examples for public and private entities
Whether you're preparing financials, analyzing statements, or studying for the CPA exam, this guide helps you ensure your equity section is complete, compliant, and clearly presented.
🧾 Based on FASB ASC 505 and aligned with the latest US GAAP updates.
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