Chapter 11
Corporate Balance Sheet
Balance sheet depicts the financial position of a company on a given date. It is imperative to have a sound knowledge and understanding of the corporate balance sheets as reported in annual reports. This purpose is served here with the case of Nestlé India Ltd.
CHAPTER OBJECTIVES
This chapter seeks to:
Elaborate the salient features of corporate vertical form balance sheet with reference to the annual report of Nestlé India Ltd.
Provide a detailed commentary on various accounts of assets and liabilities that go into the making of the balance sheet, in the light of GAAPs.
Establish the principles of treatment ...
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