#analyst-notes #cfa-level-1 #fra-introduction #reading-22-financial-statement-analysis-intro #study-session-7
Statement of Changes in Owners' Equity reports the amounts and sources of changes in equity from capital transactions with owners.
Statement of Changes in Owners' Equity reports ownership interests in order of preference upon liquidation and dividends. For example, the first item listed gets paid off first after creditors in the event of liquidation.