Primary navigation:

QFINANCE Quick Links
QFINANCE Topics
QFINANCE Reference
Add the QFINANCE search widget to your website

Home > QFINANCE Dictionary > Definition of opening balance

Definition of

opening balance

Accounting

amount at beginning of record the value of a financial quantity at the beginning of an accounting period

opening balance - Related Articles
  • Balancing Control with Dynamic Flexibility in Large Multinationals—The View from the Finance Function

    Viewpoints

    from being primarily concerned with being the custodian of the numbers, to embracing an ever-larger business partnership role, ensuring that the numbers are shared and understood by every corner of the business in a very open way.
    By Toby Willson

  • Understanding Key Financial Terms and Statements

    Checklists

    ’ equity statement—a statement summarizing the opening balance, additions to and deductions from, and the closing balance of the stockholders’ equity account, over a stated period. While the purpose of each of these statements is relatively easy to understand, some of the terminology contained in company

  • Managing Liquidity in China—Challenging Times

    Best Practice

    If the company entered China operations fairly soon after China’s market opening, the relevant capital structures –such as equity joint ventures, cooperative joint ventures, wholly owned foreign enterprises (WOFEs), and representative offices—have varying levels of restrictive regimes for the movement of local and foreign currencies. Structures sanctioned later by the government have more favorable regulatory treatment regarding the types of liquidity tools that can be employed
    By Marlene Wittman

  • Why Mathematical Investing Beats Active Investment Managers Over the Medium Term

    Viewpoints

    We never open a balance sheet to analyze the contents, and we never visit a company or talk to its CEO or board.
    By David Schofield

More

Definitions of ’opening balance’ and meaning of ’opening balance’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’opening balance’ and other financial terms with our online QFINANCE Financial Dictionary.

Back to top