Ownership and Control in Corporations
Learn about the accrual basis and why it does a better job of reflecting economic reality than the cash basis.
Beginner • 2.5 hours
Learn about the second half of the balance sheet—liabilities and equity—and how these accounts are used to finance a company's assets.
Beginner • 2 hours
Learn two important concepts that will allow you to assess a company's financial health: leverage and liquidity.