# Statement of equity In business management and accounting, "Statement of equity" is a key concept used in financial operations, reporting, and compliance in modern ERP systems. --- ## Translations | Language | Code | Translation | |----------|------|-------------| | English | `en` | Statement of equity | ## Related Terms [Bank statement](/glossary/bank-statement) · [Equity](/glossary/equity) · [Income statement](/glossary/income-statement) · [Owner equity](/glossary/owner-equity) · [Bank reconciliation statement](/glossary/bank-reconciliation-statement) · [Cash flow statement](/glossary/cash-flow-statement) · [Equity financing](/glossary/equity-financing) · [Financial statement](/glossary/financial-statement) --- :::tip Use Frihet to manage your business Frihet is an AI-native ERP handling invoicing, expenses, taxes, and compliance — in 10+ languages. [Start free →](https://www.frihet.io) :::