Balance Sheet Template

Written by CFI Team

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Balance Sheet Template

This balance sheet template provides you with a foundation to build your own company’s financial statement showing the total assets, liabilities, and shareholders’ equity.

Here is a screenshot of the balance sheet template:

Balance Sheet Template Screenshot

Download the Free Balance Sheet Template

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The balance sheet is based on the fundamental equation: Assets = Liabilities + Equity.

Using this template, you can add and remove line items under each of the buckets according to the business: current assets, long-term assets, current liabilities, long-term liabilities, and equity. You can then calculate different financial ratios to determine how well your company is performing, how liquid or solvent it is, and how efficient it is.

One of the biggest challenges in updating a balance sheet is to make sure the total assets and total liabilities & shareholder’s equity amounts match. Using the “Check” line, you can immediately detect unbalances between the total assets and total liabilities & shareholder’s equity amounts and fix the issue!

More Free Templates

For more resources, check out our business templates library to download numerous free Excel modeling, PowerPoint presentations, and Word document templates.

Additional Resources

CFI is a global provider of financial modeling courses and of the FMVA Certification. CFI’s mission is to help all professionals improve their technical skills. If you are a student or looking for a career change, the CFI website has many free resources to help you jumpstart your Career in Finance. If you are seeking to improve your technical skills, check out some of our most popular courses. Below are some additional resources for you to further explore:

The Financial Modeling Certification

Analyst Certification FMVA® Program

The Financial Modeling Certification

Below is a break down of subject weightings in the FMVA® financial analyst program. As you can see there is a heavy focus on financial modeling, finance, Excel, business valuation, budgeting/forecasting, PowerPoint presentations, accounting and business strategy.

A well rounded financial analyst possesses all of the above skills!

Additional Questions & Answers

CFI is the global institution behind the financial modeling and valuation analyst FMVA® Designation. CFI is on a mission to enable anyone to be a great financial analyst and have a great career path. In order to help you advance your career, CFI has compiled many resources to assist you along the path.

In order to become a great financial analyst, here are some more questions and answers for you to discover:

Excel Tutorial

The Financial Modeling Certification

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