The Balance Sheet Overview - Understand the Balance Sheet

http://www.corporatefinanceacademy.com/ In this video we give an overview of the balance sheet! The balance sheet is one of the three key financial statements (along with the income statement and the cash flow statement). We will cover the accounting equation, an overview, and then get into each line item of the balance sheet. Lastly, we will go through some pros and cons of the balance sheet and why we love the balance sheet! Please be sure to subscribe to our channel! be sure to head to our website and sign-up for our our mailing list, more details coming soon! http://www.corporatefinanceacademy.com/ 0:00 Start 0:49 Accounting Equation 2:50 Assets and Liabilities 4:16 Asset account explanations 8:28 Liability account explanations 11:17 Owners Equity explanations 12:20 How is the B/S useful 13:30 B/S limitations