Equity and Resolutions
Agree every movement in equity to the resolution that authorised it, and every resolution to the ledger.
- Ledger + minutes and resolutions affecting equity
- Key analysis in Equity & legal
How the result is read
Equity moves only on authority: members declare a final dividend, directors pay an interim one within the distributable reserves, the board allots shares, the general meeting allocates the result. The minutes are the evidence (ISA 500, AU-C 500), and they are read against the ledger both ways. A resolution with an amount the ledger never booked is a liability or a share issue left out; an entry to capital, reserves or dividends with no resolution behind it is a movement nobody authorised. The year’s result reaching retained earnings is the one movement that needs no resolution of its own.
In the application
Equity and Resolutions is filed under Equity & legal, index letter J. "Run all analyses" runs it with every other analysis the ledger and the documents loaded can answer. The worksheet states the population it tested on its face — or "Not applicable" with the reason when a column it depends on is empty — and the Excel workbook the engagement exports files it under J, beside an index of the source files with their SHA-256 fingerprints.
Read it with
Run your next audit file test without the Excel crash.
One free engagement to evaluate, valid 60 days. The ledger never leaves the machine.
- 20 minutes
- Runs on a fictional engagement
- No client data required