Michelle Payne has 15 years of experience as a Certified Public Accountant with a strong background in audit, tax, and consulting services. She has more than five years of experience working with non-profit organizations in a finance capacity. Keep up with Michelle’s CPA career — and ultramarathoning endeavors — onContinue Reading

For example, the equity of a company with $1 million in assets and $500,000 in liabilities is $500,000 ($1,000,000 – $500,000). The share capital represents contributions from Online Accounting stockholders gathered through the issuance of shares. Shareholders’ equity can be calculated by subtracting a company’s total liabilities from its total assets, bothContinue Reading