{"id":499,"date":"2013-10-03T15:54:13","date_gmt":"2013-10-03T19:54:13","guid":{"rendered":"http:\/\/carleton.ca\/facts\/?page_id=499"},"modified":"2025-04-17T12:02:26","modified_gmt":"2025-04-17T16:02:26","slug":"balance-sheet","status":"publish","type":"page","link":"https:\/\/carleton.ca\/facts\/glossary\/b\/balance-sheet\/","title":{"rendered":"Balance Sheet"},"content":{"rendered":"<h3>What is it?<\/h3>\n<p>The balance sheet details the assets, liabilities, and accumulated operating surplus (or deficit) of the University. Examples of items found on the balance sheet include deposits on hand, deferred revenue, funds held in trust, and accounts payable.<\/p>\n<h3>Why is it important?<\/h3>\n<p>The balance sheet highlights the financial condition of the University by providing a snapshot of the assets and liabilities at a given point in time.<\/p>\n<p>Funds held by the University on behalf of external parties, such as those for unions or student groups, are only recorded on the balance sheet.\u00a0 For the administrators who manage these types of Funds, you can look up the available balance in FAST Finance Reporting using the balance sheet report option.<\/p>\n<h3>Where do I find more information?<\/h3>\n<ul>\n<li>The balance sheet can be accessed through <a href=\"https:\/\/fast.carleton.ca\/FASTPORTAL\/Login.aspx\" target=\"_blank\" rel=\"noopener noreferrer\">FAST Finance Reporting<\/a> by accessing the desired report drop down menu on the main page.<\/li>\n<li>For further information or inquiries contact the <a href=\"&#109;&#x61;&#x69;&#108;&#x74;&#x6f;&#58;&#x63;&#x6f;&#110;&#x74;&#x72;&#111;&#x6c;&#x6c;&#101;&#x72;&#x73;&#111;&#x66;&#x66;&#105;&#x63;&#x65;&#64;&#x63;&#x61;r&#x6c;&#x65;t&#x6f;&#x6e;&#46;&#99;&#x61;\">Controller\u2019s Office<\/a> .<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>What is it? The balance sheet details the assets, liabilities, and accumulated operating surplus (or deficit) of the University. Examples of items found on the balance sheet include deposits on hand, deferred revenue, funds held in trust, and accounts payable. Why is it important? The balance sheet highlights the financial condition of the University by [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":0,"parent":41,"menu_order":150,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","_mi_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":"","_links_to":"","_links_to_target":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Balance Sheet - Financial Administration Community Training &amp; Solutions<\/title>\n<meta name=\"description\" content=\"What is it? 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