What financial statement is related to changes in stockholders' equity?

The statement of stockholders' equity is the financial statement that specifically details changes in stockholders' equity over a period of time. This statement provides insights into various components such as common stock, preferred stock, retained earnings, and additional paid-in capital. It highlights how these elements have increased or decreased due to factors like net income, dividends paid, and any stock issuances or repurchases.

This statement allows stakeholders, including investors and management, to assess how the company's equity base is evolving, which is crucial for understanding the financial health and valuation of the company. While the balance sheet shows the stockholders' equity as of a specific date and all financial statements have relationships to equity, it does not explicitly detail the changes. The income statement primarily reflects the company's revenues and expenses rather than equity transactions. The cash flow statement focuses on cash movements and does not provide direct insight into changes in stockholders' equity components. Thus, the statement of stockholders' equity is the most relevant choice for understanding changes within that specific area.