The Balance Sheet
Description
The balance sheet is a critical business statement, which is used to establish the worth of an organization. Preparing and using a balance sheet is vital to the management of any enterprise. This film delivers a comprehensive rundown of the balance sheet clearly demonstrating its different elements and how they are calculated. Senior lecturer from Westminster University, Jonathan Pike, takes us through what a balance sheet is and the purpose it serves, assets, debtors and creditors, net current assets, capital employed, sources of finance and balancing. Section summaries provide a useful recap on the different areas covered. This is an ideal learning resource for business, business management and accounting students.
Runtime
15 min 37 sec
Subjects
Database
Films on Demand
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