Balance Sheet - Public Business Entities Balance Sheet Structure

Public Business Entities Balance Sheet Structure

Guidelines for balance sheets of public business entities are given by the International Accounting Standards Board and numerous country-specific organizations/companys.

Balance sheet account names and usage depend on the organization's country and the type of organization. Government organizations do not generally follow standards established for individuals or businesses.

If applicable to the business, summary values for the following items should be included in the balance sheet: Assets are all the things the business owns, this will include property, tools, cars, etc.


Read more about this topic:  Balance Sheet

Famous quotes containing the words public, business, entities, balance, sheet and/or structure:

    Bryan is the least of a liar I know in public life. I have always found him direct and honest, and he never goes back on what he has said to me in private—a rare thing, if found, in public men. I found him purely frank.
    William Howard Taft (1857–1930)

    Faces, suddenly suspended above you;
    faces that you think it’s your business to love
    if only you could remember their names.
    Anne Sexton (1928–1974)

    Experimental work provides the strongest evidence for scientific realism. This is not because we test hypotheses about entities. It is because entities that in principle cannot be ‘observed’ are manipulated to produce a new phenomena
    [sic] and to investigate other aspects of nature.
    Ian Hacking (b. 1936)

    “What I want is a strange conjunction with you—” he said quietly; “Mnot meeting and mingling;Myou are quite right:Mbut an equilibrium, a pure balance of two single beings:Mas the stars balance each other.”
    —D.H. (David Herbert)

    No man is good enough to govern another man, without that other’s consent. I say this is the leading principle—the sheet anchor of American republicanism.
    Abraham Lincoln (1809–1865)

    The philosopher believes that the value of his philosophy lies in its totality, in its structure: posterity discovers it in the stones with which he built and with which other structures are subsequently built that are frequently better—and so, in the fact that that structure can be demolished and yet still possess value as material.
    Friedrich Nietzsche (1844–1900)