Balance of Retained Earnings

Balance of Retained Earnings

A financial statement declaring a company's retained earnings at the beginning and end of an accounting period. It begins with the unadjusted retained earnings from the previous accounting period, then lists adjustments, adds net income, and subtracts dividends paid. The final entry lists the retained earnings at the end of the accounting period. The balance of retained earnings is published along with a balance sheet.
References in periodicals archive ?
The total available for appropriation for last year, along with the balance of retained earnings brought forward from previous years, is BD2,753,735, it was announced.
More than half of the increase in shareholders' equity can be attributed to the balance of retained earnings, gains on the equity investment portfolio, the strengthening of AEGON's main currencies, and recognized goodwill.
The Company will show the cumulative effect of the correction for all years through January 1, 2006 by making certain adjustments including to the opening balance of retained earnings and stockholders' equity in the 2008 Form 10-K.
The adoption of EITF 06-4 resulted in an adjustment to the carrying value of liabilities with an offsetting adjustment to the opening balance of retained earnings of $1.
109" ("FIN 48"), during the Quarter and as a result, recorded a cumulative effect adjustment of $491 thousand to reduce our opening balance of retained earnings for the Quarter.
109" and accordingly adjusted the beginning balance of retained earnings for these standards.
As provided for in SAB 108, Rewards Network will not restate prior years, but instead has reduced the beginning of the year balance of accounts payable - member benefits, accounts receivable and income taxes receivable and increased the opening balance of retained earnings by $1.
The beginning balance of retained earnings should be adjusted for the cumulative effect of the error.
As the balance of retained earnings has turned positive in its fiscal books, TASA is now able to pay dividends if it elects to do so.
This fresh look may require an adjustment to the beginning balance of retained earnings in the year of adoption for uncertain tax positions that do not meet this new standard.
When a prior period adjustment is made, the beginning balance of retained earnings is adjusted.
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