Balance Sheets

August 31, 2024 4 min read Definitions

Brought Forward (b/f): The Process of Carrying Over Balances

Accounting Finance Management Accounting Finance Bookkeeping Ledgers Balance Sheets

Understanding the concept of 'Brought Forward' (b/f) in accounting and finance, including its historical context, importance, and applications in various domains.

August 31, 2024 4 min read Definitions

Horizontal Form: Presentation of Financial Statements

Finance Accounting Financial Statements Balance Sheets Accounting Formats Debits and Credits Horizontal Form

The Horizontal Form is a presentation method of financial statements where debits and credits are displayed on opposite sides of the statement. This form is often used for balance sheets, showing fixed and current assets on the left, and capital and liabilities on the right.

August 31, 2024 4 min read Definitions

Window Dressing: Improving Appearances Deceptively

Finance Accounting Financial Practices Balance Sheets Accounting Techniques Creative Accounting Financial Reporting

Window dressing refers to practices aimed at presenting a situation in a more favorable light than it actually is, often used by accountants to enhance the appearance of balance sheets.