Ever thought to yourself, “Why is it so tough to balance this balance sheet!?”. Chances are, you weren’t equipping yourself with the right methodology to get the job done.

I call this methodology, “the Scalpel method” because it surgically removes items on the balance sheet, allowing you to hone in on where the problem area(s) lie.

Part 1 of this training recaps our understanding of Balance Sheets in the context of Financial Statements, and goes on to set the scene for the Scalpel method. You’ll be sure to look at the Financial Statements in a whole new way.

Part 2 gives a demonstration of using the method, with a model where the Balance Sheet is not balancing.

My aim with making this tutorial is to try and reduce what could be hours trying to balance the balance sheet, into less than five minutes!

Let me know how it works for you.