Why Do We Need a Balance Sheet: Financial Acumen

Why Do We Need A Balance Sheet - Financial Acumen

It is easy for managers to understand the P&L statement but the Balance Sheet is quite unfamiliar and complex.

“Why do we need a Balance Sheet” is one of the top question asked by participants of our Financial Acumen programs.

In this FAQ, Srinivasa Addepalli explains how the Balance Sheet complements the P&L statement.

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