Balance Sheet


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...

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 -...

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...