How to Read a Balance Sheet (for Professionals)

The major financial statements for any business unit basically comprises of:

• Profit & Loss Statement (Income Statement), and 
• Balance Sheet

Income Statement conveys the operational performance of a business for a given period; where as Balance Sheet will convey the financial position of the same.

Financial Statements are generally used by various stakeholders for various purposes. Investors analyse the financial statements before taking any decision to invest in, or before lending money to any business unit. Tax and Statutory Authorities review financial statements for levying various taxes.

Hence the financial statements are essential for a number of users. Therefore every key personnel and every one working in an organization's Balance Sheet has to be well acquainted with it, before stakeholders raise unanswerable questions.

Developing the skill to read a Balance Sheet will help the business understand and analyse its strength and weakness, and plan for future.

This course has been designed such way so as to help one develop the skill to read the Balance Sheet from various perspectives. It has been developed in self paced learning style. Hence, Learners will able to understand the concepts at their own place, timing and convenience.

Numerous and illustrations has been used to make the understanding process simple and clear.