Jason Fernando is a professional investor and writer who enjoys tackling and communicating complex business and financial problems. David Kindness is a Certified Public Accountant (CPA) and an expert ...

Lars Christensen wants people to stop talking about the National Income Accounting Identity and talk instead about the Equation of Exchange. What are these? Well first National Income: This says that ...

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.