Agent skill

financial-statements-standard-format-classified-balance-sheet

Sub-skill of financial-statements: Standard Format (Classified Balance Sheet) (+1).

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npx add-skill https://github.com/vamseeachanta/workspace-hub/tree/main/.claude/skills/_archive/business/finance/financial-statements/standard-format-classified-balance-sheet

SKILL.md

Standard Format (Classified Balance Sheet) (+1)

Standard Format (Classified Balance Sheet)

ASSETS
Current Assets
  Cash and cash equivalents
  Short-term investments
  Accounts receivable, net
  Inventory
  Prepaid expenses and other current assets
Total Current Assets

Non-Current Assets
  Property and equipment, net
  Operating lease right-of-use assets
  Goodwill
  Intangible assets, net
  Long-term investments
  Other non-current assets
Total Non-Current Assets

TOTAL ASSETS

LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities
  Accounts payable
  Accrued liabilities
  Deferred revenue, current portion
  Current portion of long-term debt
  Operating lease liabilities, current portion
  Other current liabilities
Total Current Liabilities

Non-Current Liabilities
  Long-term debt
  Deferred revenue, non-current
  Operating lease liabilities, non-current
  Other non-current liabilities
Total Non-Current Liabilities

Total Liabilities

Stockholders' Equity
  Common stock
  Additional paid-in capital
  Retained earnings (accumulated deficit)
  Accumulated other comprehensive income (loss)
  Treasury stock
Total Stockholders' Equity

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY

GAAP Presentation Requirements (ASC 210 / IAS 1)

  • Distinguish between current and non-current assets and liabilities
  • Current: expected to be realized, consumed, or settled within 12 months (or the operating cycle if longer)
  • Present assets in order of liquidity (most liquid first) — standard US practice
  • Accounts receivable shown net of allowance for credit losses (ASC 326)
  • Property and equipment shown net of accumulated depreciation
  • Goodwill is not amortized — tested for impairment annually (ASC 350)
  • Leases: recognize right-of-use assets and lease liabilities for operating and finance leases (ASC 842)

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