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The Balance Sheet ON DEMAND

Available Until

Your Desk

2.0 Credits

Member Price $58.00

Non-Member Price $67.00


The balance sheet reveals the financial position of a business, and so should be properly prepared in order to maximize the amount of information conveyed to users. This course assists the accountant by noting the various presentation formats that can be used, as well as the content and description of each line item within the statement. It also discusses sample balance sheets from several publicly held companies, in order to show the range of presentation possibilities.


Overview of the Balance Sheet. Asset Line Items on the Balance Sheet. Liability Line Items on the Balance Sheet. Equity Line Items on the Balance Sheet. Statement of Retained Earnings. Balance Sheet Ratio Analysis.



Designed For

CPAs, CFOs, controllers, financial professionals, and auditors.


Identify which assets are usually classified as current or long-term on the balance sheet. Note which liabilities are usually classified a current or long-term on the balance sheet. Recognize the steps required to manually construct a balance sheet. Note the types of assets that can be classified into each of the major asset categories. Recognize the different types of liabilities that may appear on the balance sheet. Cite the decision points related to how a loan should be classified if the lender can call the loan.






Leader Bios

Steven Bragg, Western CPE

Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast.

Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with Deloitte & Touche. He holds an MBA from Babson College, a Master of Finance from Bentley College, and a BA from the University of Maine (summa cum laude).

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Non-Member Price $67.00

Member Price $58.00