ИЗВЕШТАЈ ЗА ФИНАНСИСКАТА СОСТОЈБА – ПОДГОТОВКА И АНАЛИЗА

Abstract

In financial accounting, a balance sheet also called the statement of financial condition, is a summary of a company’s assets, liabilities, and owners equity. A balance sheet is often described as a ‘‘snapshot of a company’s financial condition’‘. The income statement, in contrast, shows the company’s revenues and profits over a certain period. One statement is not better than the other; together they present a complete picture of a company’s finances. A standard company balance sheet has three segments: assets, liabilities and ownership equity. Each of the three segments of the balance sheet has many accounts within it, documenting the value of each one. Accounts such as cash, inventory, and property are on the asset side of the balance sheet, and accounts such as accounts payable and long-term debt fall on the liability side. Balance sheets are usually presented with assets in one section and liabilities and net worth in the other section with the two sections ‘‘balancing’‘. Accounts on a balance sheet differ by company and by industry, as there is no set template that accurately accommodates the differences between different types of businesses.