Understanding Balance Sheets

David Kuo Chuen Lee, Joseph Lim, Kok Fai Phoon and Yu Wang

Chapter 10 in Finance for Fintech Professionals, 2022, pp 263-312 from World Scientific Publishing Co. Pte. Ltd.

Abstract: A balance sheet is a snapshot of a company’s cumulative financial position at a particular point in time. It answers the question of “what is the company’s financial position at the end of the period?”. It is also referred to as Statement of Financial Position or Statement of Financial Condition.

Keywords: Fintech; Finance; Economics; Financial Statement; Financial Statement Analysis; Portfolio Management; Financial Planning; Financial Management; Investment Management (search for similar items in EconPapers)
JEL-codes: G2 O33 (search for similar items in EconPapers)
Date: 2022
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