Skip main navigation

Introduction: stocks and flows

This short animation illustrates the fundamental accounting equation that must always hold in any company or public sector entity.

How do we measure and track what a company owns?

This short animation introduces some basic accounting concepts used to measure and track income and cash flow.

This article is from the free online

Understanding Public Financial Management: How Is Your Money Spent?

Created by
FutureLearn - Learning For Life

Reach your personal and professional goals

Unlock access to hundreds of expert online courses and degrees from top universities and educators to gain accredited qualifications and professional CV-building certificates.

Join over 18 million learners to launch, switch or build upon your career, all at your own pace, across a wide range of topic areas.

Start Learning now