Balance Sheet

Balance Sheet Definition

The Balance Sheet shows the financial position of a company at a particular moment in time, such as the end of the financial year. It lists the company's assets, liabilities and equity capital (Chisholm, 2010). The Balance Sheet provides a snapshot of company assets and the sources of money that was used to buy those assets. The items in the Balance Sheet are listed in declining order of liquidity (Brealey and Myers, 2003).

Balance Sheet Description *

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Balance Sheet references (4 of up to 20) *

• Brealey, R.A., Myers, S.C. (2003) Financing and Risk Management. McGraw-Hill Professional.
• Chisholm, A.A. (2010) An Introduction to International Capital Markets: Products, Strategies, Participants. John Wiley & Sons.
• Forbes (2011) Sprint Stock Signals Rough Ride Up To $5. Oct 13. Available at: [Accessed on 24 November 2011].
• Fried, K. (2003) Security woes hit Microsoft balance sheet. CNET, Oct 23. Available at: [Accessed on 24 November 2011].

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