Live briefing
Everything about Balance sheet
Accounting financial summary
In financial accounting, a balance sheet is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, a business partnership, a corporation, a private limited company or other organization such as a government or not-for-profit entity. Assets, liabilities and ownership equity are listed as of a specific date, such as the end of its financial year. A balance sheet is often described as a "snapshot of a company's financial condition". Wikipedia →
🧭 Start here: a 6-step reading path
- Read the overview: Balance sheetA 5-minute orientation
- Skim a recent paper: Mass balance of the Greenland and Antarctic ice sheets from 1992 to 2020Influential work since 2022
- Pick up a classic book: Introduction to perspective, practical geometry, drawing and painting.The most-reprinted book on the subject
- Read the landmark paper: Balance sheetCited 3 times
- Go sideways: Historical costA closely related topic
- Go sideways: Financial statement analysisA closely related topic
📖 Definitions
Noun A summary of a person's or organization's assets, liabilities and equity as of a specific date.
🗂️ The subject at a glance
🏆 Landmark papers (most cited)
Balance sheet
Balance sheet
Balance Sheet
Balance sheet
Balance Sheet
Balance Sheet
Balance Sheet
BALANCE SHEET
🆕 Influential since 2022
📚 Books worth reading
Introduction to perspective, practical geometry, drawing and painting.Charles Hayter, John Hayter · 1820
Off-balance sheet activitiesJoshua Ronen, Anthony Saunders · 1990
Financial CrisisHoward Davies · 2010
Synthetic Lease FinancingNancy R. Little · 2001- 📕Illustrations of the disclosure of information about financial instruments with off-balance sheet risk and financial instruments with concentrations of credit riskLeonard Lorensen, Hal G. Clark · 1992
- 📕The doctrine of substance over formB. A. Rutherford · 1988
- 📕萬記公司己亥年結冊 · 1899
- 📕[芙蓉余仁生詧營業結册]余仁生 · 1926
Ranked by number of editions on Open Library, a rough measure of how lasting a book is.
🔗 Related topics
- Historical cost The historical cost of an asset at the time it is acquired or created is the value of the costs incurred in acquiring or creating the asset, comprising…
- Financial statement analysis Financial statement analysis (or just financial analysis) is the process of reviewing and analyzing a company's financial statements to make better economic…
- Income statement An income statement or profit and loss (P&L) account is one of the financial statements of a company and shows the company's revenues and expenses during…
- Asset In financial accounting, an asset is any resource owned or controlled by a business or an economic entity. It is anything (tangible or intangible) that…
- Financial accounting Financial accounting is a branch of accounting concerned with the summary, analysis and reporting of financial transactions related to a business. This…
- Statement of changes in equity A statement of changes in equity is one of the four basic financial statements. It is also known as the statement of changes in owner's equity for a sole…
- Foreign exchange hedge A foreign exchange hedge (also called a FOREX hedge) is a method used by companies to eliminate or "hedge" their foreign exchange risk resulting from transactio…
- Cash flow statement In financial accounting, a cash flow statement, also known as statement of cash flows, is a financial statement that shows how changes in balance sheet…