The balance sheet is one of the key documents that comprise the financial statements of a company. Within this where all the stock sizes or as the name suggests, the company’s assets in a specific date (usually December 31). The official budget of a company is prepared once a year. The Balance Sheet, however, can be done at any time if you have the necessary information. In this guide, we see how to prepare the balance sheet.

First you need to know what is contained in the balance sheet. Within this fact converge elements different in nature but all in common the fact of being magnitudes Stock , ie measurable at a given time. The quantities to “flow” (costs, revenues) converge in fact in another document of the budget, the income statement .

To draw up the document, first, you have to know the structure. The Balance Sheet is made ​​up of two sections: Active and Passive . In the first meet in the first place the assets or all assets (tangible, intangible and financial assets) held permanently by the company (for the precisely immobilized) and credits in the second we find the capital, payables and provisions for post-employment benefits, risks and charges. The structure of the balance sheet can be different. The Civil Code indicates a specific, however, the document can be reclassified according to our needs to highlight certain aspects. A widespread classification such as that which Cash Ascending sorts the items according to their actual convertibility into cash.


At this point, we describe the structure of the statutory balance sheet for proper preparation in current find several sections that are indicated by capital letters Subsections are denoted by The Roman numerals Section A contains “Receivables from shareholders for capital contributions” Section B contains the assets, as described above Section C contains the current assets or inventories, receivables of the company and all cash Finally, section D contains accruals and deferrals.

The Passive is instead structured as follows: In Section A, we find the equity , which is the sum of the capital, the reserves of the company and the profit / perished and gone for the year. In section B, we find all the Provisions for risks and charges, in section C, the Fund set aside for employee severance indemnities . In section D are the liabilities of the Company and finally in section E Accrued expenses and prepaid. The sum of all entries of the liabilities must always be equal to the sum of those assets.