Balance Sheets
11 min! Run Time
Employees
only
of Completion
Friendly
Access
What you'll learn
Skills covered in this course
Description
The balance sheet is one of the three components that make up a company's financial report. It indicates a company's assets, liabilities, and owner's equity. It's used to help a company evaluate its financial health and to communicate that information to interested parties. In this course, we'll go over the parts of a balance sheet, how to create one, and how to ensure that your balance sheet is "balanced."
System Requirements
See System Requirements in the Coggno Knowledge Base
Author
Balance Sheets
Did you see the title of this course and think, "Big, scary financial words"? Have no fear. In this program, we're going to break down benchmarking, ratios, comparisons, and trends so that they're easy to understand. We'll discuss what each of these terms mean, how they work together on a balance sheet, and what they mean to the financial health of your company.
We know that assets and liabilities are two important sections that make up a balance sheet. But what exactly constitutes an asset? Or a liability? There are many things that may or may not qualify, so this course is designed to help you determine what should and should not be included. We'll discuss the two categories of assets and two categories of liabilities.
The balance sheet is one of the three components that make up a company's financial report. It indicates a company's assets, liabilities and owner's equity, and it helps a company evaluate its financial health and communicate that information to interested parties.
In this course, we go over the parts of a balance sheet, how to create one, and how to ensure that your balance sheet is balanced.