I have a client with a share buy back at a premium. I am fine with the accounting entries but need to see some model accounts so I can use the correct descriptions in the statement of changes in equity. Can anyone point me to a link where I can download a model copy of accounts with a share buy back.
14th Dec 2019
Where can I find model accounts for share buy back
I need model account for FRS102 1a to show a share buy back
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I have no example accounts to refer you to, but if your only need is to see the wording in the SCE I don’t see why you need to see all the accounts anyway.
Your words above - “share buy back at a premium” - are a reasonable start. What about “purchase of own shares” as an alternative?
That's great, my thoughts were on those lines, but I was wondering if there was some prescribed wording I should use.
Thanks
TaxCalc uses “purchase of own shares”