Balance sheet is a standing position of the company in terms of assets and liabilities at any point of time presented in India every six months and yearly. The net results of the company in the form of profit or loss are carried to the balance sheet. The assets and liabilities of any unit should be equal and balance and [...]
Balance Sheet Analysis in investment decision-making involves the use of the Financial Data available in Balance Sheet and Income and Expenditure statements of a Company. The objective of this analysis is to know the overvaluation or undervaluation of a share as judged by its intrinsic worth and compare it with its market price and that of the similar companies within [...]
Some of the most frequently asked exam questions on verification and valuation of assets and liabilities are as follows: Q.1. What is meant by verification of assets and liabilities? State the object of such verification. Ans. The verification of assets and liabilities involves the consideration of the following points: 1. That each asset/liability is correctly stated in the balance sheet. [...]