The cash flow statement and the income statement are two of the main financial ... The major reason that a balance sheet balances is the accounting principle of double entry.

Just like the other financial statements, the balance sheet is used for financial analysis and calculating financial ratios. Here are a few examples ... Here's the main one: The balance sheet ...

Interior Secretary Doug Burgum takes a fresh look at the U.S. government’s assets.

But Burgum’s balance sheet proposal doesn’t reflect the financial realities of the U.S. government, two experts said. For example, the concept of tapping assets to lower interest rates ...