Edexcel physics equation sheet gcse results
An accounting technique in which a debt for which a company is obligated does not appear on the company's balance sheet as a liability. Keeping debt off the balance sheet allows a company to appear more creditworthy but misrepresents the firm's financial structure to creditors, shareholders, and the public. The balance sheet displays the company’s total assets, and how these assets are financed, through either debt or equity. It can also be referred to as a statement of net worth, or a statement of financial position. The balance sheet is based on the fundamental equation: Assets = Liabilities + Equity. Image: CFI’s Financial Analysis Course. Definition: Off balance sheet financing happens when a company purchases an asset with a loan and doesn’t report the loan on its balance sheet. I know this sounds contradictory from what I just said, but there are exceptions to the rules.