reported on the balance sheet vs reported in the balance sheet

Both phrases are correct, but they are used in slightly different contexts. 'Reported on the balance sheet' is commonly used when referring to specific items or amounts that are included in the balance sheet. On the other hand, 'reported in the balance sheet' is more general and can be used to indicate the overall presentation of financial information in the balance sheet.

Last updated: March 27, 2024 • 1269 views

This phrase is correct and commonly used when referring to specific items or amounts that are included in the balance sheet.

"reported on the balance sheet"

This phrase is used to indicate that certain items or amounts are included and presented on the balance sheet.

Examples:

The company's assets are reported on the balance sheet.
The liabilities are reported on the balance sheet.

Show examples from the web [+]

'Carrying amount' means amounts reported on the balance sheet of the institution for investees that are neither fully nor proportionally consolidated.
However, it may be necessary for the NCBs to collect ad hoc information from institutions entering the MFI sector in order to determine whether business reported on the first balance sheet has been transferred from outside the MFI sector or built up after entry.
Where potential changes due to reclassifications have been identified, reporting MFIs are asked for ad hoc information on the precise impact on the reported balance sheet.
Where potential changes due to reclassifications have been identified, reporting agents are asked for ad hoc information on the precise impact on the reported balance sheet.
Similarly, the balance sheet of an institution leaving the MFI sector will be removed at the time of its departure (to coincide with the last reported balance sheet) or perhaps later, for example if monthly data are carried forward to the next end-quarter.
This provision shall also allow for claims incurred but not reported by the balance-sheet date;
The amount to be reported here shall correspond to the amount reported in the balance sheet (if reported separately).
its amount shall be determined having regard to past experience as to the number and magnitude of claims reported after the balance-sheet date.
Not reported o/a no off-balance sheet items;
The undrawn amount of the liquidity facilities shall be reported under 'Off balance sheet items and derivatives'.
In fact, accrued interest is often intrinsic to market prices and difficult to disentangle from the accounting price as it is reported in the statistical balance sheet.
Under IFRS or compatible National GAAP, the following item are recognised in the balance sheet and, consequently, should not be reported as off-balance sheet exposures:
An entity shall disclose the components of cash and cash equivalents and shall present a reconciliation of the amounts in its cash-flow statement with the equivalent items reported in the balance sheet.
To minimise the reporting burden and to avoid any duplication in the collection of statistical information, the statistical information related to the balance sheet reported by MFIs under Regulation ECB/ 2001/13 is also used to calculate the reserve base under Regulation ECB/ 2003/9.
Therefore it is correct to base adjustments on the last balance sheets reported to the national central bank by the separate institutions and the first balance sheet reported by the merged institution one month later.
However, a solution in full accordance with the calculation of growth rates consists in an adjustment that is made on the basis of the last balance sheets reported by the separate institutions and the first post-acquisition balance sheet of the acquiring institution.
The amount reported in this item shall be equal to the amount reported in the accounting balance sheet.
If accrued interest is intrinsic to the accounting price as it is reported in the statistical balance sheet, it is excluded from the transaction value and, instead, indistinguishably included within «revaluation adjustments».
if accrued interest is intrinsic to the accounting price as it is reported in the statistical balance sheet, it should be subject to a revaluation adjustment;
Where the possibility according to Article 132 (5) of CRR is used, exposures in the form of units or shares in CIUs shall be reported as on balance sheet items according to Article 111 (1) sentence 1 of CRR.

Alternatives:

included on the balance sheet
presented on the balance sheet
disclosed on the balance sheet
listed on the balance sheet
shown on the balance sheet

This phrase is correct and can be used to indicate the overall presentation of financial information in the balance sheet.

"reported in the balance sheet"

This phrase is used to indicate that financial information is presented in the balance sheet as a whole.

Examples:

The financial results are reported in the balance sheet.
The company's performance is reported in the balance sheet.

Show examples from the web [+]

The amount to be reported here shall correspond to the amount reported in the balance sheet (if reported separately).
An entity shall disclose the components of cash and cash equivalents and shall present a reconciliation of the amounts in its cash-flow statement with the equivalent items reported in the balance sheet.
In fact, accrued interest is often intrinsic to market prices and difficult to disentangle from the accounting price as it is reported in the statistical balance sheet.
The amount reported in this item shall be equal to the amount reported in the accounting balance sheet.
If accrued interest is intrinsic to the accounting price as it is reported in the statistical balance sheet, it is excluded from the transaction value and, instead, indistinguishably included within «revaluation adjustments».
if accrued interest is intrinsic to the accounting price as it is reported in the statistical balance sheet, it should be subject to a revaluation adjustment;
Where potential changes due to reclassifications have been identified, reporting MFIs are asked for ad hoc information on the precise impact on the reported balance sheet.
Where potential changes due to reclassifications have been identified, reporting agents are asked for ad hoc information on the precise impact on the reported balance sheet.
Similarly, the balance sheet of an institution leaving the MFI sector will be removed at the time of its departure (to coincide with the last reported balance sheet) or perhaps later, for example if monthly data are carried forward to the next end-quarter.
This provision shall also allow for claims incurred but not reported by the balance-sheet date;
Under IFRS or compatible National GAAP, the following item are recognised in the balance sheet and, consequently, should not be reported as off-balance sheet exposures:
its amount shall be determined having regard to past experience as to the number and magnitude of claims reported after the balance-sheet date.
'Carrying amount' means amounts reported on the balance sheet of the institution for investees that are neither fully nor proportionally consolidated.
Not reported o/a no off-balance sheet items;
The undrawn amount of the liquidity facilities shall be reported under 'Off balance sheet items and derivatives'.
To minimise the reporting burden and to avoid any duplication in the collection of statistical information, the statistical information related to the balance sheet reported by MFIs under Regulation ECB/ 2001/13 is also used to calculate the reserve base under Regulation ECB/ 2003/9.
Therefore it is correct to base adjustments on the last balance sheets reported to the national central bank by the separate institutions and the first balance sheet reported by the merged institution one month later.
However, a solution in full accordance with the calculation of growth rates consists in an adjustment that is made on the basis of the last balance sheets reported by the separate institutions and the first post-acquisition balance sheet of the acquiring institution.
However, it may be necessary for the NCBs to collect ad hoc information from institutions entering the MFI sector in order to determine whether business reported on the first balance sheet has been transferred from outside the MFI sector or built up after entry.
Where the possibility according to Article 132 (5) of CRR is used, exposures in the form of units or shares in CIUs shall be reported as on balance sheet items according to Article 111 (1) sentence 1 of CRR.

Alternatives:

presented in the balance sheet
included in the balance sheet
disclosed in the balance sheet
listed in the balance sheet
shown in the balance sheet

How TextRanch works

Fast and reliable proofreading, editing, and language advice tailored to your needs.

1. Choose Your Service

Quick Text Editing

Emails and short texts
Proofreading & editing
Ready in 5-10 minutes

SUBMIT YOUR TEXT NOW

Document Editing

Documents of any type (*.docx)
Advanced & Premium editing
Ready in as little as 4 hours

UPLOAD YOUR DOCUMENT

Ask an Editor

Personalized answers to your language questions
Expert guidance on grammar, style, and usage
Ready in 24 hours

ASK YOUR QUESTION

Upload your document or paste your text directly into our platform. Your text is reviewed and refined by our expert editors (real people, not machines) who understand the nuances of English. Expect corrections, improvements, and insightful suggestions that enhance the clarity, tone, and professionalism of your writing.

3. Receive Your Polished Text

In just a few minutes (or hours for longer documents), you'll receive your corrected text. Review the changes, make any final adjustments, and confidently share your polished English with the world.
You can count on a personalized, friendly service every time you use TextRanch. We're committed to helping you make a great impression with every word you write.

We proofread and edit these types of texts and documents:

Short texts Business Emails Personal Emails Social media posts Resume and Curriculum Vitae Business documents Sales proposal Research and academic papers Thesis Dissertation Essays Articles Blog posts and much more....

Our Customers Love Us!

We have an average rating of 4.79 stars based on 283125 votes, and

4.9 Excellent - Reviews 2.137

"7 years without any disappointment. Always 100% satisfied. You guys are the best in the world at what you do. Thank you so much :)"

Zubair
from Bangladesh

"I wasn't aware of this service, it's fascinating and more reliable than standard IA tools available on the internet"

Arturo
from Mexico

"In a world of text messages and online communication, this is great to have as a live tool. Thank you."

Selena
from USA

"Wow, it's just so excellent. I never would have believed I could have a sure and excellent English companion. Thanks, TextRanch."

Ifiok
from Nigeria

"This is my first time using TextRanch, and I like how the editors take time to correct my text. To everyone who has never used TextRanch before, I highly recommend trying it."

Wilson
from France

"It is an amazing source of feedback because, as a non-native speaker, I really need to have a reliable helper correct my text."

Susan
from Germany

reported on the balance sheet vs reported in the balance sheet