Balance Sheet Analysis Checklist

The Balance Sheet Analysis Checklist is a valuable tool designed to help business owners and financial professionals gain a comprehensive understanding of their company's financial position. By systematically evaluating the key components of a balance sheet, this checklist enables users to assess the company's assets, liabilities, and equity, thus providing insights into its financial health, stability, and solvency.

• (1) Assets

• (2) Check for accuracy and completeness. Make sure that all required information is included in the balance sheet, and that all numbers are correct.

• (3) Liabilities

• (4) Assess liquidity. This includes looking at the ratio of current assets to current liabilities, as well as the cash position.