Spotting creative accounting practices on the balance sheet can be broken down into three categories for analysis: assets, liabilities, and equity. Here we’ll explore some of the ways each of ...

A basic tenet of double-entry book-keeping is that total assets (what a business owns) must equal liabilities plus equity (how the assets are financed). In other words, the balance sheet must balance.

Impact of Reduction of Share Capital on the Financial Statement of company after completion of process The primary impact on its financial statements is a decrease in the total shareholders’ equity on ...

While you may consider a balance sheet to be an essential financial statement for a company, assessing your own personal assets, equity and wealth in a well-laid-out financial report is equally ...

This will be the last line on the income statement. Next, move over to the balance sheet to calculate shareholders' equity, which is total assets minus total liabilities. Then all you need to do ...