Equity rollfoward reconciliation

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Can somebody please send / show / upload an equity account reconciliation for me ? I'm trying to create one, and don't know where to start. I'm not sure what accounts affect what. I just started at this job, and is trying to figure out how to do this. Thanks in advance. :confused:
 

kirby

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An equity rollforward shows how the equity accounts changed from one month end to the other. So on a workbook sheet at top row put the titles of your equity accounts - usually common stock, surplus, retained earnings, other comprehensive income.
Next row down enter the prior month balances.

For this example we follow the retained earnings account. So you would have a row labeled "net income" and there you put the income for the month in the column that holds "retained earnings" Now in a lower row you show the sum of last months retained earnings balance plus this months net income. The total should equal the current month's retained earnings. And that is a rollforward. Now just do the same for all the other elements of your equity and you are there!. To get fancy add a column showing the number of common shares and how that number changes if you add or retire common stock.
Good luck!
 

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