BCZ316 The 2006 Exposure Draft proposed to separate changes in equity of an entity during a period arising from transactions with owners in their capacity as owners (that is, all owner changes in equity) from other changes in equity (that is, non-owner changes in equity). All owner changes in equity would be presented in the statement of changes in equity, separately from non-owner changes in equity.
BCZ317 Most respondents welcomed this proposal and saw this change as an improvement of financial reporting, by increasing the transparency of those items recognised in equity that are not reported as part of profit or loss. However, some respondents pointed out that the terms 'owner' and 'non-owner' were not defined in the 2006 Exposure Draft, the Framework or elsewhere in IFRS Accounting Standards, although they are extensively used in national accounting standards. They also noted that the terms 'owner' and 'equity holder' were used interchangeably in the 2006 Exposure Draft. The IASB d
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