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Fundamentals of Business Finance: Part 2 – The Balance Sheet

Have you ever been asked “How much is your business worth?” and not known what to say? Have you heard of a Balance Sheet but don’t know what it is, what it does, or what it’s “balanced?” 

The course below will cover the basics of one of the three most important financial documents in business, the Balance Sheet. You’ll learn: 

  1. How to read a Balance Sheet, and its three primary components: Assets, Liabilities, and Equity.
  2. What steps to take to prepare a simple Balance Sheet, so you know what your business is worth.
  3. You’ll learn about simple tools (paper, pencil, and calculator) and cloud-based solutions.


This class was developed by CIC staff who combine expertise in finance, banking, and education. In our approach, we strive to make the materials accessible to all audiences. We hope you enjoy it!

The Balance Sheet

Original Air Date: Thursday, May 28, 2020.  

CLICK HERE to view all the resource materials shared in this course.