Off Balance Sheets
Off balance sheets are simply that. They are liabilities to an organization that have not been explicitly written on balance sheets. Generally, these sheets are in place for investment purposes but can have a negative connotation such with Enron (when they would “move the money” to another balance sheet or different organization in order to hide it). The organization can also move the balance (and subsequently its risk) to another balance sheet.
Popularity: 26%