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.

The accounting equation illustrates the relationship between a company's assets and the claims that creditors and investors have on those assets. The equation is the basic structure on which a company ...

Although Excel, the Microsoft Office spreadsheet program, has a few specialized financial formulas built in to the software program, the accounting format for spreadsheet cells has the most general ...

SUMIF, SUMIFS, AVERAGEIFS, and COUNTIFS are commonly used accounting functions in Microsoft Excel. These formulas are used to calculate cell values based on the criteria you have described or ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Leadership + compliance + advisory = firm transformation. This is a simple formula, yet one that is difficult for most firms to execute. It also shows that transformation can and should include ...

Understanding these concepts can help you make smarter financial decisions in the long run and day to day. Many, or all, of the products featured on this page are from our advertising partners who ...

Mumbai: After riding on bank-based valuations on land, real estate developers now are turning to a new accounting method that allows booking profits on ongoing projects to keep valuations high. Most ...