The Accounting Equation

The accounting equation is applicable for any kind of company, big or small. It measures things like financial position using assets, liabilities and owner equity. But what do those expressions even mean? Maybe you don’t know what they are, or maybe you just need a refresher. Either way – this bite-sized module will provide a quick refresher on all the things you need to know. And don’t worry – we’ll break it right down and explain it in simple terms.