標題: [BAFS] Treatment of proposed dividend [打印本頁] 作者: usingcomputer 時間: 2015-3-2 09:14 AM 標題: Treatment of proposed dividend
The board of directors proposed 5% dividend on ordinary share capital
The proposed dividend is in Equity and liabilities in statement of financial position (equity part) or liability part? 作者: leirbag 時間: 2015-3-2 10:15 AM
It depends on when the dividend was proposed.
If the dividend was approved by the BoD before/on the B/S date, then record the amount as Dividend Payable.
Otherwise, record as Proposed Dividend under Reserves.