Learn how to analyze a company's balance sheet, including assets, liabilities, and equity, for smarter investment decisions.

The most important accounting formulas are practical and intuitive, making them easy to remember and apply. Many, or all, of the products featured on this page are from our advertising partners who ...

The expanded accounting equation builds upon the basic accounting equation's use of assets, liabilities and equity by incorporating additional components such as revenues, expenses and withdrawals.

Previously, we discussed some ways to improve cash flow within a company. This evolved from a question that was posed by contractors on a message board regarding the difference between profits and ...

A bedrock principle of business bookkeeping is that the accounting equation must always balance: Your assets must always equal your liabilities plus your owner's equity. When your business becomes a ...

Director/Founder at Protea Financial - Guiding small businesses with high quality and cost-effective accounting. As an accountant to small business owners, something I often hear from new clients is, ...