3 Ways To Explain Accounting Equation

Join 10,000+ professionals who enrolled in the Controller Academy 🚀
[coupon 30OFFCOURSE for 30% discount]

Or

Get my Controller bundle, which includes the Controller Academy
[coupon 30OFFCOURSE for 30% discount]

Hey guys, in this video I will walk you though the Accounting equation form 3 different angels to make sure you fully understand it.

-----------------------------------

Hang Out with me on social media:

DISCLAIMER: Links included in this description might be affiliate links. If you happen to purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel so I can continue to provide you with free content each week!
All views expressed on my channel are mine alone. Not intended as financial or professional advice

[ismaelpena]

Is funny because the accounting equation was one of the first lessons I learned in my first Accounting class in college. I got it right away. Thanks for the video though, is always informative.

[lindakirby]

Thanks for this explanation. Wish I’d found it sooner as really has helped it make sense to me. Great work

[yellowstone]

Hi Bill, I have watched a number of your videos and first want to say they are extremely helpful and you make things clear. That being said I am a soon to be college grad (in about a month) with a finance degree. After graduating I have a job lined with a relatively new contracting company, they want me to train and essentially set up the financial department (accounting and budgeting systems) for the company. There isn’t a set department yet and they look at me as some sort of protege. I know it seems like a daunting task as a first job, and honestly it is. most people I talk to tell me I’m in way over my head, especially for someone with no real financial work experience. Kind of going 0-100. I really want to learn and want to make this work and I see so much potential upside if I can grind it out in the beginning an get my feet under me. I am tempted to buy your course, mainly because of the “…from scratch” draw you advertise. I guess I feel I just need some guidance because I really don’t know where to start kind of, any advice or help you can offer to me would be a tremendous help to me. Either way thanks for the videos and keep up the good work! -Wesley

[hogle]

Have you done any videos on cost accounting? I’m getting ready to transition from management to a cost accountant and really appreciate your videos. Just changed my degree from business management to accounting.

[santiagoberrones]

Great video, im from Mexico, can you recommend me an accounting book?, Best regards.

[pnguyen]

Can you talk about intercompanies and it’s HQ accounting ? Each has its bank Acct but the HQ pays n receive fund ..

[In-no]

Im in college and it's pretty hectic.
I want to watch one video a day from your channel. I believe that will help me a lot.

And I will leave a comment on every single video I watch, maybe I can improve my learning streak that way😅

[saibharadwajvenati]

Hi Bill, loved your videos. I’m interested in purchasing your courses. I’m from India is it possible to have course price based on purchase power parity. Otherwise it’s too expensive