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Balance Sheet

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4 views

Balance Sheet

Uploaded by

v6fkdg4rsy
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Presented By :

Bazhdar Gharib
Anas nabi
A Balance Sheet is
one of the financial
statements. A
Balance Sheet is a
statement of assets
and liabilities of an
enterprise at a given
date. It is also called
Statement of Financial
Position.
Introduction
 Balance Sheet will summarizes the financial
condition of the business at a point in time and it is
described as a snapshot of a company.
 Balance Sheet shows the assets, liabilities and Equity
at a certain time, usually at the end of a fiscal
quarter or year.
 Balance sheet presents assets on left hand side and
equity and liabilities on the right hand side. Some
use Assets at the top and Equity and Liabilities at the
bottom of the page but the concept is the same.
What are Assets?
Fixed assets:
The term fixed asset refers to a long-term
tangible piece of property or equipment that a
firm owns and uses in its operations to generate
income. The general assumption about fixed
assets is that they are expected to last, be
consumed, or be converted into cash after at
least one year.
What are Assets?
Current assets are considered
short-term assets because they
generally are convertible to
cash within a firm's fiscal year,
and are the resources that a
company needs to run its day-
to-day operations and pay its
current expenses. Current
assets are generally reported
on the balance sheet at their
What are
LiabilitiesLiabilities?
also includes capital and reserves.

 Share capital is money which shareholders


have invested in the business.
 Reserves = profit from previous years which
has been kept to finance future developments.
 Profit and loss account = money kept back
from the current year's profits.
What are
Liabilities?
Current liabilities are:
Analysts usually check to see if a company has
enough cash to pay its current debts, which are
due within a year. Short-term liabilities include
payroll costs and accounts payable, including
money owed to vendors and utility bills paid
every month.
Shareholders'
equity
Shareholders' equity is the money attributable
to a business' owners, meaning its
shareholders. It is also known as "net assets,"
since it is equivalent to the total assets of a
company minus its liabilities, that is, the debt it
owes to non-shareholders.
The net assets shown by the balance sheet
equals the third part of the balance sheet,
which is known as the shareholders' equity.
Types of Balance
Sheet
 A balance sheet summarizes an organization
or individual's assets, equity and liabilities at
a specific point in time.

 Two forms of balance sheet exist. They are the


report form and the account form. Individuals
and small businesses tend to have simple
balance sheets.
 Personal balance sheet.
 Small business balance sheet.
Thank you

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