Accounting and Finance Reporting – The Balance Sheet Primer

Posted by Gerry Poe

Definition: Balance Sheet
A summary of a company's financial condition at a specific point in time, including assets, liabilities and net worth. The first part of a balance sheet shows all the productive assets a company owns, and the second part shows all the financing methods (such as liabilities and shareholders' equity).


Tags: Accounting, Enterprise Software, Analytics, Financial Reporting, Finance

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