Basic accounting is a crucial part of a successful business and its financial management, and is vital for making informed financial decisions. It's the process of recording, classifying and ...

This course is designed to provide you with an introduction to the basic concepts, methods and practices of good accounting. Beginning with a consideration of accounting as an information system, you ...

Understanding these basic accounting concepts can help you make smarter financial decisions in the long run, as well as in your day-to-day operations.

Some of the most useful basic accounting features for small businesses include timesaving automation, which can be set up to help save time on invoicing and handling accounts. This article discusses ...

The basic accounting equation is used to calculate how much a company is worth, based on the amount of money that has already been invested and the cost of any obligations. The formula for the ...

To better advise their clients, in-house counsel should understand key accounting principles and steps in the accounting cycle, including journal entries, the general ledger, trial balances ...

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.