Financial Statements and the Accounting Equation

This study guide covers the fundamental accounting concepts that form the foundations of the discipline. Using easy to understand language, it deals with basic assumptions, the role and structure of financial statements, and the relationship between assets, liabilities and owner's equity in the accounting equation.

Part of the Accounting Fundamentals Series.

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About Hercules Bantas

Dr Hercules Bantas has been teaching and reading the human sciences for the better part of a decade. It is his opinion that he is too often immersed in some weighty tome or other, the authors of which always use one thousand words where one hundred words would suffice. It was while juggling no less than three weighty tomes by the same author and trying to understand what the fellow was trying to say that the idea of The Reluctant Geek Guides was born. He is well aware that publishing clearly written and unambiguous guides to important ideas in the human sciences is frowned upon in some circles, but he's going to do it anyway. Despite his well documented grumpiness, Hercules claims to like people and can be contacted by email at reluctantgeek[at]iinet.net.au.

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