EP.11 Accounting 101 (Basic Accounting Equation)

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The Financial Bites Podcast

Chris Passmore

23 episodes

1 week ago

You are listening to The Financial Bites Podcast powered by Social Media CPA. My name is Chris Passmore and I'm your host. I'm here to share news and numbers important to social media creators, influencers, entrepreneurs, business owners and anyone else! My content will address strategies to reduce taxes, ways to protect your assets, the impact of current events on your business as well as other important money saving tips!

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EP.11 Accounting 101 (Basic Accounting Equation)

The Financial Bites Podcast

5 minutes 24 seconds

4 years ago

EP.11 Accounting 101 (Basic Accounting Equation)

Welcome back to my ACCOUNTING 101 series of courses! Whether you are a business owner who wants to better understand accounting and finance or a new accounting student, these courses will help develop your fundamental understanding of basic accounting.

In this course I discuss the basic accounting equation that all accounting is built upon. This is the equation of Assets = Liabilities + Stockholders Equity. In this course I discuss the concept behind this equation and how this reflects the activity of your business.