The Balance Sheet is the most important financial statement that you need to know about. While your bookkeeper or accountant is trained to read the financial statements, many small business owners are not.

In this video, I’ll share with you 5 things to know about the Balance Sheet. And show you why it’s the most important financial statement.

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Do you have questions about 5 Things to Know About the Balance Sheet? I’m an Illinois licensed, Registered Certified Public Accountant with over 25 years of experience. I’m dedicated to providing outstanding tax and accounting services to individuals and small businesses in the Chicago area.

Disclaimer: Any accounting, business or tax advice contained in this article, is not intended as a thorough, in-depth analysis of specific issues, nor a substitute for a formal opinion, nor is it sufficient to avoid tax-related penalties. If desired, I would be pleased to perform the requisite research and provide you with a detailed written analysis. Such an engagement may be the subject of a separate engagement letter that would define the scope and limits of the desired consultation services.

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