grzegorzmichalskiAug 20, 20213 min readThe Matching Principle – Accruals vs. Cash-flow Accounting What do we mean by the Matching Concept and why is it so important? What are the differences between cash-flow and accruals accounting?
grzegorzmichalskiAug 15, 20212 min readEquity and Liabilities - the other side of the Balance SheetLet's focus now on the other side of the Balance Sheet and check how the company can report funding it has obtained.
grzegorzmichalskiAug 10, 20214 min readAssets as a part of a Balance SheetWhat exactly assets are? How are they usually divided and what do they usually consist of?
grzegorzmichalskiAug 10, 20214 min readBalance Sheet - IntroductionWhat is a Balance Sheet? How is it prepared and why do companies prepare it?