For Balance Sheet we have terms and definitions in 17 topics. The topics are Accounting, Accounting Terms, Business, Dairy Production, Finance, Financial Modeling, Frauds and Scams, Fundraising, Health Insurance, Homeowners Insurance, Insurance, International Business, Investing, Purchasing A Home, Sanitation, Securities and Tax.

Balance Sheet (Accounting)

is an itemized statement that lists the total assets and the total liabilities of a given business to portray its net worth at a given moment of time. The amounts shown on a balance sheet are generally the historic cost of items and not their current values.

Balance Sheet (Accounting Terms)

Basic FINANCIAL STATEMENT, usually accompanied by appropriate DISCLOSURES that describe the basis of ACCOUNTING used in its preparation and presentation of a specified date the entity's ASSETS, LIABILITIES and the EQUITY of its owners. Also known as a STATEMENT OF FINANCIAL CONDITION.

Balance Sheet (Business)

The financial statement of what a business owns (assets) and what it owes (liabilities) at a particular point in time, converted to cash during the accounting period, normally one year.

Balance Sheet (Dairy Production)

A financial report or statement that summarizes the assets, liabilities and net worth of an accounting entity at a certain point in time. Assets = Liabilities. Assets minus Liabilities = Net Worth. Sometimes it is called a Net Worth Statement.

Balance Sheet (Finance)

A snapshot of a company’s assets (“stuff” that has value) and the claims on those assets. A company’s assets are either owed to others (liabilities) or are left over as a residual claim of the equity holders. The equity holders get whatever’s left over after the liabilities.

Core Principle: Assets = Liabilities + Equity

Balance Sheet (Financial Modeling)

Standard financial statement that presents assets, liabilities, and equity as of the end of one or more fiscal periods.

Balance Sheet (Frauds and Scams)

A financial report that entails the status of a corporation's assets, liabilities, and owners' equity for a specific date, usually at month end. It only captures this information as of that date; it does not cover a period of time.

Balance Sheet (Fundraising)

A financial statement that shows the financial position of the organization at a particular date. It consists of a list of assets, liabilities, and fund balances. See also:Asset, Liabilities, Net Assets, Payables, Statement of Financial Position

Balance Sheet (Health Insurance)

The financial statement that shows an MCO's financial status on a specified date.

Balance Sheet (Homeowners Insurance)

This is a listing of your assets (everything you own that has value), your liabilities (mortgages, loans and credit card debt),and the remainder, which is your total net worth. (The term "balance" refers to an equation where your assets are equal to your net worth minus your liabilities.)

Balance Sheet (Insurance)

Provides a snapshot of a company’s financial condition at one point in time. It shows assets, including investments and reinsurance, and liabilities, such as loss reserves to pay claims in the future, as of a certain date. It also states a company’s equity, known as policyholder surplus. Changes in that surplus are one indicator of an insurer’s financial standing.

Balance Sheet (International Business)

A statement showing a firm's accounting value on a particular date. It reflects the equation, Assets = Liabilities + Stockholders' equity.

Balance Sheet (Investing)

A financial report that entails the status of a corporation's assets, liabilities, and owners' equity for a specific date, usually at month end. It only captures this information as of that date; it does not cover a period of time.

See Also: Balance Sheet Equation; Fundamental Analysis

Balance Sheet (Purchasing A Home)

A financial statement that shows assets, liabilities, and net worth as of a specific date.

Balance Sheet (Sanitation)

The basic financial statement which discloses the assets, liabilities and equities of an entity at a specified date in conformity with generally accepted accounting principles (GAAP).

Balance Sheet (Securities)

A financial report of a corporation, showing the corporation's assets, liabilities, and stockholders' equity at a point in time (usually month-end, quarter-end, or year-end).

Balance Sheet (Tax)

Statement, at a particular point In time, of the financial position of a business or organization-divided into three parts: assets, liabilities and ownership (equity). Also known as Statement of Financial Position.

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