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20212022 Degree Requirement Summary. S. IN FINANCE For the most update requirements, please refer to your Degree Works audit. General Education Requirements IT 101Information Technology×EXP 1 Expository
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Gather all necessary financial data such as balance sheet, income statement, and cash flow statement
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In corporate finance, 'bs' typically refers to the balance sheet, which is a financial statement that summarizes a company's assets, liabilities, and shareholder's equity at a specific point in time.
Publicly traded companies and private companies that meet certain size or revenue thresholds are generally required to file balance sheets as part of their financial reporting obligations.
To fill out a balance sheet, organizations must list their assets, sorted into current and non-current categories, followed by liabilities, also sorted into current and non-current. The difference between total assets and total liabilities equals shareholders' equity.
The purpose of a balance sheet in corporate finance is to provide a snapshot of a company's financial position at a specific date, helping stakeholders analyze its liquidity, solvency, and overall financial health.
A balance sheet must report information such as total assets, total liabilities, and total shareholders' equity, along with detailed categories of each.
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