Balance sheet of company vs. Account of Results. Group 7" is a film noir action. The set what. For the Group 7 there is the thin line that separates the resources. June 2015. you must include a set very. It is a smil between a visual tool and another line. A the time to manage your business is critical to know how to handle some of the accounting tools that allow you to be aware of the financial situation of a company, both yours as any other. Although it is possible that you have a bookkeeper to organize the finances of your day-to-day, knowing the possibilities that you provide documents such as the balance sheet and the statement of results can help you to inquire about the state of the accounts of your competition, suppliers and also your customers or potential customers. The analysis of the balance sheet of a company will help you evaluate the financial status of that company, in order to determine if a competitor has the financial strength sufficient to enter in a price war, if a customer is a good payer or if there are doubts about the continuity of the activity of one of your suppliers. What is the Balance sheet of a company The Balance sheet is the accounting document that shows the financial position of a company at a particular time. Presented in two-column format, the active –left - and passive - right , the balance reflects what has and should be a company on a particular day; is the set of assets, rights and obligations of such a company at a given moment in time, which does not have why to coincide with the date of the close of its fiscal year or fiscal. The left column (Active) collects the whole set of assets (what the company has) and rights (those rights of recovery that the company has), while the right column (Passive) collects all of the payment obligations. Analyze the Balance sheet of a company allows to identify the own funds (the Capital of the company and benefits are not distributed) that give rise to the activity of the company and to stay abreast of the latest purchases of machinery and their depreciation , as well as to know their funding in the short-term and long-term. And what does the Account of Results, For their part, the income statement collects all the revenue and expenditure of a company over a period of time. Bollywood Thriller Movies Villa Capri (2017) here. The difference enbre both is, of course, the result that has had the company in the period of time considered, as the account of results, you can refer to throughout the fiscal year (a year) as well as shorter periods (monthly, quarterly, semi-annual,... The Balance sheet and the statement of Results are the two ‘state accounting’ are key to understanding a company. The Balance sheet, establishing a simile very common, shows us a ‘picture’ of the financial position of the company, while the income statement tells us the ‘movie’, what happened between the first and last day of the period that it collects, which, as we have already said, does not have to be the year, and that explains the variations suffered by the Balance in the same period of time. Similarities between the Balance of a company and the Account of Results. Despite record different aspects of the economic activity of a company, both the Balance sheet and the Account of Results help us to build the general picture of the financial position of the company. Is more, two accounting documents are connected via the last line of the Account of Results, the result (profit or loss) of the period. This figure is included in the Balance sheet as part of equity. Once known some of the options that we offer these two financial tools, it is necessary to know where to find them. When consulting the Balance sheet of a company, a source of useful information are the reports of Balance sheet and income statement. These are offered by telematic services of different companies that are devoted to it, and allow us to know the economic developments of a company in the last three years. To do this, the report contains the main financial ratios calculated in accordance with the information contained in the accounts. In this way, we will be able to access both an analysis of the Balance sheet of the company in general, as a comparison of large masses of capital of the company with respect to the average of its sector. Is more, if our goal is to know more about a particular sector, a tool that can be of great utility are the sectoral studies offered by the Observatory Sectoral DBK Informa. In short, the report of Balance sheet and Account of Results will allow us to analyse the companies with which we have a relationship, or with whom we compete in the market because it offers reliable and proven information on your financial situation. Based on the Cepyme News.