The Balance Sheet acts as one of the principal components of a financial statement. Balance sheets display an entity’s finances on a specific date. Surety bond underwriters thoroughly analyze a balance sheet to understand what kind of assets, liabilities, and equity a...
For litigation bonds, our underwriters may ask to see a principal’s financial statement as part of the application process. This is especially true if the principal is a business, organization, or corporation. Acceptable financial statements prepared by a Certified...
