Balance Sheet
Why Does a Balance Sheet Need to Balance? Understanding the Key Formula
For a lot of people, the balance sheet is one of the hardest financial statements to get to grips with. Even...
The Difference Between Fixed Assets and Current Assets
If you’re new to the balance sheet, understanding each of its components can seem like an overwhelming and complicated ordeal....
What is Goodwill in Accounting?
If you're new to accounting, goodwill isn't what you expect it to be. Goodwill can often be the cause of...
Why the Quick Ratio is Essential in Finance
The quick ratio or acid test is a great KPI to understand your ability to cover short term debts -...
Gearing Ratios Explained – How to Use Leverage Analysis
In the final part of the KPI and Ratio series we're looking at gearing ratios, which reveal the inherent risks...
Free Balance Sheet Template
Get a free balance sheet template on us! Using a simple, easy to understand structure with automatic formulas, charts and...
What is a Balance Sheet Forecast Report?
Balance Sheet forecasting is often undervalued when running a business. This week, I go into detail about the Brixx Balance...
The Ultimate Guide to the Three Financial Statements
Financial statements are the backbone of any business, providing a snapshot of its financial health. The three primary financial statements...
Key Financial Reports to Share with Your Board
As a new business or start-up, there will be some big meetings ahead with your board and shareholders. Without financial...
What is a 3-Statement Model?
A well-built 3-Statement Financial Model helps insiders and outsiders see how various activities of a firm work together to see...
How Do Payable Accounts and Receivable Accounts Interact with Cash Flow
Accounts payable and receivable are one of many accounts found on the balance sheet. In this article we look at...
What are Positive and Negative Working Capital?
Working capital is a figure that is essential for business growth, it keeps the cash cycle moving and allows you...
The Balance Sheet Layout Explained in a Super Simple Example
A balance sheet is an essential tool used to show the value of a business at a specific point in...