You need to look at the skeletons of each and humans to understand this. And understand that it isn't really any way to directly compare.
In the human body, the ulna and radius are the two long bones in our forearm. Distal to those two bones (further from the shoulder) are the carpals, famed for carpal tunnel syndrome. The carpals are our wrist. Distal to the carpals is the metacarpals. These are actually in the palm of our hands, and are the beginnings of our fingers. Distal to the metacarpals are our phalanges, or finger bones. (go to
Human skeleton - Wikipedia, the free encyclopedia which has a good diagram of this)
In our legs, the ulna and radius are replaced by the tibia and fibula. Distal to the tibia and fibula are our tarsals (ankle bones), metatarsals, and phalanges (toes).
If you go to
Horse - Wikipedia, the free encyclopedia and go down the page, you'll find a skeleton of a horse. Notice that the upper long bones on the front legs are called the ulna and radius, the same as are forearm bones. Distal to the ulna and the radius is the carpus, which is called the knee on a horse. It isn't. It's a wrist joint.
Distal to the carpus are the metacarpals (remember those?). Distal to the metacarpals are the sesamoid bones (fetlocks), long pastern, short pastern, and ending with the coffin bone. This is the same basic structure as one of our fingers and is why people say that a horse is running on its fingernails.
Going to the rear of the horse, let's go down the leg there. Notice that we don't even see the femur externally, while in the human the upper thigh is very distinct. But going down from the upper long bone, we have the tibia and fibula, then the tarsals (hocks), the metatarsals, long pastern bone, short pastern bone, and ending with the coffin bone.
In essence, the part of the horse's or dog's leg that sticks out of their body is the lower arm or leg of a human, followed by the fingers. Again, structurally, a horse or a dog is running on its finger tips or the tips of its toes.
Make sense?
Best of luck,
Jim Clark-Dawe