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Welcome to 'July 2019 Financial Accounting' course !
This lecture introduces the balance sheet and describes its elements. The balance sheet provides information about the financial status of an individual, an organization, or a country. Assets are financed either through money from outsiders (liabilities) or money from the owners (owner’s funds or equity). The lecture analyzes the balance sheet format as per Schedule VI of the Companies Act, starting with shareholder funds.
NPTEL Courses permit certifications that can be used for Course Credits in Indian Universities as per the UGC and AICTE notifications.
To understand various certification options for this course, please visit nptel.ac.in/co...
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