How Balance Sheet values are calculated

The Balance Sheet is one of the three main financial statements and is typically presented alongside a Profit & Loss and Statement of Cash Flows. A Balance Sheet provides a ‘snapshot’ view of your company's Assets, Liabilities and Equity at any given point in time.

The Balance Sheet lists each asset, liability and equity account with the corresponding balance at the close of a selected period. The statement provides you with an overall indication of a business's position and can provide quick insights with regards to working capital and liquidity.

Fathom will automatically pull in your summary Balance sheet data from the source accounting system on initial import.

Location

All companies in Fathom have access to Summary Reports. You can add a summarised version of your Balance Sheet to Summary Reports generated from the Insights Dashboard.

Fathom Pro

Companies on a Fathom Pro plan have additional ways in which they can access the Balance Sheet:

Analysis tools

You can dynamically view your Balance Sheet from the Financials Analysis tool.

Pro Reports

You can add a Balance Sheet financial table to your customisable Pro Reports.

Excel Reports

You can download Financial Results for your Balance Sheet from Fathom’s Excel reports.

Layouts

This feature is included with Fathom Pro - the plan with access to all of Fathom's features. Companies on Portfolio can be upgraded to Fathom Pro at any time.

Fathom enables you to present your balance sheet data in four different ways.

A= L+ E: A popular layout under GAAP accounting principles. The logic is that a company has to pay for all the things it owns (assets) by either borrowing money (taking on liabilities) or taking it from investors (issuing shareholders' equity).

A - L = E: A popular layout to align the balance sheet with International Financial Reporting Standards (IFRS). This borrows from the same logic, that net assets (assets - liabilities), are equal to shareholders' equity.

There are two options for this layout. (Current, Non-current) lists the Current Assets before the Non-current Assets while (Non-current, Current) lists the Non-current Assets first.

Separation of Operations, Investing, Financing: Provides an operational view of the assets and liabilities in your company. Can provide an indication of how the company has positioned itself and how the company is investing its operating income.

Due to the static nature of a balance sheet, many financial ratios draw on data included in both the balance sheet and the more dynamic income statement and statement of cash flows to provide a more holistic approach to business intelligence.

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