Financial statements report the business activities and financial performance of a company. Learn how they are used by ...

Balance sheets consist of assets, liabilities, and shareholders' equity, revealing financial health. Shareholders' equity equals assets minus liabilities and reflects theoretical investor value if a ...

Learn how to identify creative accounting practices that manipulate balance sheets, impacting assets, liabilities, and equity for perceived financial performance.

Reviewed by Michael J Boyle Fact checked by Yarilet Perez Key Takeaways The Fed's balance sheet includes Treasuries and mortgage-backed securities.Fed liabilities include U.S. currency in circulation ...