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Find out what information the Balance Sheet can provide by using Vertical Analysis and some basic math.

Ep 13 - GAAP Part 1 of 2

GAAP stands for Generally Accepted Accounting Principles and are what accounting professionals abide by when recording transactions and generating financial statements. In this episode, Patrick talks about a few of these including the Economic Entity Assumption, Going Concern, Cost Principle, Accr‮…
Learn the purpose of the Statement of Cash Flows and how it provides information that you can't get from other financial statements.
Year-end can be very stressful but hopefully this episode will remind you of many of the items that you should be addressing. Demonstrate that you are a bookkeeping professional by giving your clients a 5-star experience!
Patrick explains Revenue Recognition, Materiality, Conservatism, and the Full Disclosure Principle.
הצהרה: הפודקאסט והגרפיקה המוטבעים בדף זה הם מ-Patrick Donovan, שהוא רכושו של בעליו ואינו קשור או מאושר על ידי Listen Notes, Inc.