The Balance Sheet Explained (Beginner's Guide)

This beginner-friendly guide teaches the essentials of the balance sheet. It explains the main components, definitions, and calculations that make up this critical financial statement. Perfect for financial analysts, accounting students, and anyone looking to hone their finance skills!

📋 What you will learn:
- Types of liabilities: current vs. non-current.
- What is shareholders' equity, and how is it calculated?
- The relationship between assets, liabilities, and equity.
- What are assets? Understanding current and non-current assets.
- Important terms like retained earnings, common shares, and dividends.

Chapters:
00:00 - Assets (Current vs. Non-current)
01:36 - Liabilities (Current vs. Non-current)
02:55 - The Shareholders' Equity Section
03:37 - Retained Earnings

The balance sheet is one of the three fundamental financial statements and is crucial to both financial modeling and accounting. It displays the company's total assets and how these assets are financed through either debt or equity.

Discover how the balance sheet provides a snapshot of a company's financial position and why it's a cornerstone of corporate finance and accounting. Explore financial concepts and more with our FMVA® program—designed to make you a world-class financial analyst!

#BalanceSheet

[xeliosIII]

Great infographics. I found this very helpful. thanks!

[inspiramind]

This is a great video. I will use it as part of my teachings which, I believe, will bring a lot of visitors to this video.
Thank you! 😊👍👍👍