Learn essential Excel techniques to build robust financial models, forecast accurately, and impress stakeholders with your ...

A balance sheet provides a snapshot of a company's assets, liabilities and equity at a specific point in time, while an income statement summarizes its revenues and expenses over a period to show ...

Include interest expenses in the income statement and ensure that all balance sheet elements, such as debt and equity, are correctly incorporated and linked to the financial projections.

Here, CNBC Select explains what a balance sheet is, how to create one and how it can be useful to both companies and individuals.