A balance sheet is a versatile document that offers a snapshot of a company's or individual's finances at a given point in time. Businesses can use balance sheets to develop plans for the future ...

Other assets that appear in the balance sheet are called long-term or fixed assets because they're durable and will last more than one year. Examples of long-term assets include the following.

You can spot creative accounting practices on a company's balance sheet by analyzing its assets, liabilities, and equity. Overstating assets and/or understating liabilities leads to increased net ...

Reviewed by Somer Anderson Balance sheets are important financial statements that help investors and analysts understand a ...

Policymakers want to keep shrinking the balance sheet until reserves are merely “ample”—a know-it-when-you-see-it level of ...