Statement of changes in equity (TVCP)

This guide shows you how to generate the TVCP (Tableau de Variation des Capitaux Propres — Statement of Changes in Equity) of SYSCOHADA revised 2019 and how to read how your equity changed between the opening and closing of the fiscal year: capital increases, allocation of the result, dividends, transfers to reserves. Where the balance sheet gives a snapshot at a given date, the TVCP gives the film of the change — key information for shareholders and banks.

Note

The TVCP is one of the SYSCOHADA revised 2019 summary statements, alongside the balance sheet, the income statement, the TFT and the notes.

Accessing the TVCP

From the navigation bar: Financial Statements → TVCP.

Select the fiscal year. The TVCP is calculated over the full fiscal year and compares the opening balances (carried forward from the N-1 closing) with the N closing balances.

The TVCP generated from your entries: opening, increases, decreases and closing, line by line.

Checking the prerequisites before generating

1. Balanced year — The trial balance must be at ΣDebit = ΣCredit. Check the trial balance.

2. Correct opening balances — The opening balances of the equity accounts (class 1) must be faithfully carried forward from N-1 through the AN journal.

3. Result allocation posted — The decision to allocate the N-1 result (transfer to reserves, retained earnings, dividends) must be posted before reading the N TVCP.

Reading the TVCP lines

The table follows each equity line, showing for each: opening balance, increases, decreases and closing balance.

Line	SYSCOHADA account	Example movement
Share capital	101	Capital increase, new contributions
Share premiums	104	Issue, contribution or merger premiums
Revaluation differences	105	Free or legal revaluation of assets
Reserves	111 to 118	Transfer of result to reserves
Retained earnings	121 / 129	Retained profit or loss
Net income for the year	13	Result for the year (1301 / 1309)

Tip

Key control: for each line, closing balance = opening balance + increases − decreases. If this does not hold, an equity entry was posted incorrectly — check the general ledger of the class 1 accounts.

Fixing common errors

Error	Probable cause	Solution
Opening balance ≠ N-1 closing	Incorrect or incomplete opening balances	Check the carry-forward of class 1 balances in the AN journal
Result not carried forward	N-1 result allocation not posted	Post the allocation entry before generating the TVCP
Missing capital movement	Capital increase posted to the wrong account	Reclassify the entry to account 101 via an OD

See also

• Calculating the TFT (cash flow statement) — The other flow statement of SYSCOHADA revised 2019.
• Liasse and SYSCOHADA notes (1 to 47) — The notes that detail the summary statements.
• Calculating the SYSCOHADA balance sheet — The balance sheet presents equity at the closing date.