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.

Learn how accounting spreadsheets work with real examples of journals plus when to switch to accounting software.

Accounting is vital to a business’s financial hygiene; here’s everything entrepreneurs need to know about it. Many, or all, of the products featured on this page are from our advertising partners who ...

Finances and accounting don't come easy to everyone. Unfortunately, every entrepreneur needs some financial literacy if you're going to run your ventures responsibly. You need to understand your ...

Learn about gross, operating, and net profit margins, how each is calculated, and how businesses and investors can use them ...

Double-Entry Accounting: What It Means and How It Works Your email has been sent Double-entry accounting is a system of recording transactions in two parts, debits and credits. This method of ...

Discover essential metrics for calculating startup profitability and learn how to evaluate profit levels to drive financial success and growth for your business.

This article is the fourth in a series of pieces centered around what is and isn’t necessary for a company’s accounting (and finance) based on its stage. I see few companies get the necessary finance ...

The Great Accountant Shortage, a 17% decrease in employed accountants and auditors since 2019, may soon disappear as end-to-end accounting processes are automated and, down the line, aligned with ...