Statement of changes

Statement of changes in equity Statement of changes in the equity (ECPN) is required in the new General Accounting Plan, for all companies, there being a normal and an abbreviated model with the same limits as the balance sheet and whose only difference is the inclusion or not of a further breakdown on the items preceded by Roman numerals. The ECPN has two parts: The first part, called "State of recognized income and expense," tracks changes in equity for all income and expenditure, whether included in profit or loss account profit and loss which, by the standards of recording and valuation, to be charged directly to equity of the company. The second part is called "State Total changes in equity", reports all changes in equity.The total recognized income and expenses found in the first part of ECPN added variations in equity arising from transactions with the shareholders or owners of the company when acting as such and adjustments to equity due to changes in accounting principles and bug fixes. The figures for each of the items included in the overall state of changes in equity shall be broken by columns based on the classification of the components of net assets in the balance model.