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    Understanding Net Worth

    Don Hofstrand (December, 2009)

    Summary

    A net worth statement or balance sheet is designed to provide you with a picture of the financial soundness of your business at a specific point in time. Net worth statements are often prepared at the beginning and ending of the accounting period (i.e. January 1), but can be done at any time.

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  • Details

    Organization Iowa State University Extension
    Publisher Iowa State University
    Published December, 2009
    Material Type Written Material

  • Filed Under

    1. Business Management
    2. Analyzing the Finances
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