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.

There are two basic methods of accounting that businesses use to track and report revenues: the cash basis and the accrual basis.

One of the areas where management has the most control, and therefore a key consideration of managerial accounting, is a company's selling and administrative expenses.

How to Use Microsoft Excel for Accounting. Microsoft Office Excel was designed to support accounting functions such as budgeting, preparing financial statements and creating balance sheets.

How to calcu late total revenue growth To calculate total revenue growth, subtract the most current period's revenue by the revenue number from the same period in the prior year.

How to Calculate Average Unit of Production in Accounting. According to the National Association of Manufacturers, manufacturers contributed $1.87 trillion to the United States economy in 2012, an ...

That sinking feeling hits when you realize you have no idea what grade you’re actually earning in your toughest class. You’ve completed assignments, taken quizzes, survived a midterm, but the final ...

Discover the Beneish M-score, a tool to detect earnings manipulation in companies before investing, based on accounting ratios.

EBITDA margin is a financial metric used to assess a company’s profitability before accounting for interest, taxes, depreciation and amortization. This measure represents the percentage of revenue ...

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 ...

Most investors are familiar with financial accounting. It is the financial reports and standards we use to review a company's financial performance.