Statement Of Retained Earnings   DEFINITION of 'Statement Of
Retained Earnings'  A financial statement outlining the changes
in retained earnings for a specified period. The statement of
retained earnings is prepared in accordance with generally
accepted accounting principles (GAAP). The statement of retained
earnings reconciles the beginning and ending retained earnings
for the period, using information such as net income from the
other financial statements.  BREAKING DOWN 'Statement Of
Retained Earnings'  This statement can appear as a separate
statement or as an inclusion on either a balance sheet or an
income statement. Also, the statement of retained earnings can
be known as a statement of owner's equity, equity statement or
statement of shareholders' equity.    1. Balance Sheet    2.
Shareholder    3. Appropriated Retained Earnings      Any
unappropriated retained earnings that are specifically not ...
4. Generally Accepted Accounting Principles ...    5. Retained
Earnings      Retained earnings is th