Financial reports can feel intimidating, especially for founders without a finance background. But understanding the basics can dramatically improve decision-making and confidence. In this practical guide, Rebecca Nankya Ssemugabi breaks down how to read a balance sheet in simple, everyday language, supported by a hands-on balance sheet generator you can try yourself. M ost founders don’t struggle with running a business. They struggle with understanding the numbers behind it. And few reports feel more intimidating than the balance sheet. But here’s the truth: a balance sheet is simply a snapshot of what your business owns, what it owes, and what’s actually yours at a specific point in time. The Balance Sheet in One Line Every balance sheet is built on one simple equation: Assets = Liabilities + Equity Assets are what the business owns Liabilities are what the business owes Equity is what belongs to the owner(s) If this equation balances, the balance sheet makes sense. A Simple Exa...
On Tuesday, December 22nd, 2015, COMSATS Institute of Information Technology, Islamabad Campus, organized the art exhibition of a Russian Artist, Mr. Yuri M. Kozlov. He is also the Trade Representative of the Russian Federation in Pakistan. The event was not only pivotal from the artist's point of view but can also be marked as a milestone in Pak-Russia bilateral relations.
What made it a Mega-Event?
His Excellency, Mr. Alexey Y. Dedov, Russian Ambassador to Pakistan, was the chief guest of the event, along with the ambassador of Belarus, COMSATS Institute dignitaries, and other officials were also present.
The event is historic
The event was historic from the bilateral relations point of view of Russia and Pakistan. Pakistan and Russia have maintained a complex relationship, often characterized by political and diplomatic distance, and occasionally marked by antagonism, particularly during the Cold War era. However, the snow now seems to be melting as more interaction is taking place between the governments and people of both countries. The dignitaries also signed agreements to enhance academic ties between Russia and Pakistan.
Who attended?
Students, government officials, media, and a considerable number of foreigners flocked to the event and turned it into a successful event. The artwork was a treat to watch as around 30 paintings were displayed. Let's have a look at some of his distinguished artwork:
Paintings of Yuri M. Kozlov
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| Pointillism - a form of Impressionism (Painting by Yuri. M Kozlov) |
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| Oil Painting: Inspired by Pakistani Culture (Painting by Yuri M. Kozlov) |
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| Pointillism - Epic Painting (Painting by Yuri M. Kozlov) |
That is a superb piece of work.
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