Proposed Dividends
Code: 3640
👁 Views: 108
Account Information
| Financial Statement | Statement of Financial Position |
| Normal Balance | Debit |
Definition
Dividends proposed after the end of the financial year not yet approved by the general assembly. Not recognized as a liability on the balance sheet, only disclosed in the notes.
📐 IFRS vs US GAAP Accounting Treatment
IFRS
IAS 1
Presentation of Financial Statements
US GAAP
ASC 505
Equity
❓ Frequently Asked Questions
Q: Are proposed dividends recognized as a liability on the balance sheet?
A: No, not recognized until approved by the general assembly, only disclosed in the notes.