BALANCE SHEET AS A TOOL FOR EVALUATING AND DEVELOPING THE SHIPPING AGENCY BUSINESS

Authors

Hartutik Hartutik Sekolah Tinggi Ilmu Ekonomi Indonesia
Wahidawati Wahidawati Sekolah Tinggi Ilmu Ekonomi Indonesia

DOI:

https://doi.org/10.31539/costing.v8i3.15687

Keywords:

Balance Sheet, Business Evaluation, Development, Shipping Agency, Financial Health.

Abstract

A balance sheet is one of the most important documents in the business world, showing the financial condition of a company at a specific point in time. This article explains how a balance sheet can be a useful tool for evaluating and developing a shipping agency business. By understanding the key components of a balance sheet, such as assets, liabilities, and owner's equity, shipping agencies can identify their financial strengths and weaknesses. Balance sheet analysis helps in making better decisions, enabling entrepreneurs to plan strategic steps and improve operational efficiency. Additionally, the balance sheet plays a role in attracting investors who wish to invest their funds. By effectively utilizing the balance sheet, shipping agencies can grow and compete in an increasingly dynamic market. This article is intended to help business owners understand the importance of the balance sheet and utilize it in the development of their businesses.

References

Wolk, Harry I,Dodd, James L. dan Tearney, Miichael G.2004. Accounting Theory: Conceptual Issues in a Political and Economic Environment. 6th Edition. Ohio : South-Western Thompson Learning ( WFT)

Soewardjono, Teori Akuntansi : Perekayasaan Pelaporan Keuangan, BPFE , Yogyakarta , 2010. ( SW )