How to Calculate Total Equity: Step-by-Step Guide

This will give you shareholder equity, which is the same as total equity. If a U.S. company liquidated all its assets today and paid off every outstanding debt, the remaining money would become its equity. It is a clear reflection of ownership value grounded in balance sheet data. Equity defines the what is the formula […]

Key Responsibilities and Techniques for External Auditors

Performance Measurement Handbook of Tools and Techniques is an excellent resource for auditors involved in performance measurement. The Handbook is available in html format or may be downloaded in pdf format for printing. Pupil Auditing Manual from the Michigan Department of Education provides guidance to ISD auditors on pupil auditing standards. Financial Management Reference Guide provides an example […]