Financial statement is one of the crucial elements used by the investors, creditors, and market analysts to evaluate a company’s financial well-being and earnings potential.
One of the greatest investors in the world, Warren Buffett says that- “You have to understand accounting and you have to understand the nuances of accounting. It’s the language of business and it’s an imperfect language, but unless you are willing to put in the effort to learn accounting – how to read and interpret financial statements – you really shouldn’t select stocks yourself.”
In this video, we have covered all the significant aspects of how to read a balance sheet in Hindi. Since it’s part 1 of the video, the remaining sections of the balance sheet are covered in the 2nd Part of how to analyze a balance sheet.
In this video, we have mainly covered the following things:
a) How to read and interpret the balance sheet
b) What is Financial Year?
c) What is a balance sheet?
d) Types of Balance Sheet
e) Meaning of liabilities in the balance sheet
f) Why and how assets of the company are equal to the liability.
Besides, we have covered a lot of other things as well with the required example. The remaining detail related to the balance sheet is covered in part 2.
Therefore, if you are keen to learn the stock market from basic to advanced, then you must watch our series of videos on YouTube or explore through our various stock market courses on our website
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