Small-business owners who want to maximize their company's potential should practice fundamental accounting and understand the fundamental accounting equation. You need a professional accountant – not ...

Jason Fernando is a professional investor and writer who enjoys tackling and communicating complex business and financial problems. David Kindness is a Certified Public Accountant (CPA) and an expert ...

The expanded accounting equation builds upon the basic accounting equation's use of assets, liabilities and equity by ...

If an incorporated business has more liabilities than assets on its balance sheet, its financial statements will show a shareholder deficit, also called negative stockholders' equity. A shareholder ...