Section 3610 - Capital transactions

Effective date:

January 1, 2011

Published by the AcSB:

December 2009


This Section establishes presentation standards for capital transactions. Capital transactions include items such as:

  1. changes in capital, including premiums, discounts and expenses relating to the issue, redemption or cancellation of share capital;

  2. gains or losses on purchase and resale by a company of its own issued common shares or on purchase and cancellation by a company of its own issued common shares;

  3. contributions by owners or others (see Section 3251 Equity);

  4. transfers to and from reserves (see Section 3260 Reserves);

  5. dividend distributions (including stock dividends); and

  6. taxes arising at the time of changes in shareholder status or share capital transactions (see paragraphs 3465.09 and 3465.59-.78 Income Taxes).

History of Section 3610




December 2009

Part II of the CPA Canada Handbook issued

Effective for fiscal years beginning on or after January 1, 2011.

Note: The above summary does not include details of consequential amendments made as the result of other projects.

Correction list for hyphenation

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