Glossary

With over 200 terms in both English and French, our M&A Dictionary is designed to help you better understand the key words and concepts related to the sale oe purchase of a business in Canada.

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Balance Sheet

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A balance sheet summarizes a company’s assets, liabilities and shareholders’ equity at a specific point in time and is one of the fundamental documents that make up a company’s financial statements, along with the income statement, the cash flow statement and the statement of retained earnings. A balance sheet provides a summary of a company’s financial position at a point in time and provides a clear picture of what it owns as well as owes.

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French Translation: