BalanceSheetReview资产平衡表.pptVIP

Title or job number Balance Sheet Training FMP – Class of ‘08 July 24, 2006 Agenda Balance Sheet Review GE’s Balance Sheet Balance Sheet Review What is a Balance Sheet? Snapshot of what a company owns owes at a certain point in time, usually at the end of the accounting period. The only financial statement which applies to a single point in time, instead of a period of time. Consists of Assets, Liabilities and Owner’s Equity. The Accounting Equation Assets = Liabilities + Owner’s Equity In other words… A company has to pay for all the things it has (assets) by either borrowing money