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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!
Learn the purpose of the Statement of Cash Flows and how it provides information that you can't get from other financial statements.
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, Accru…
Patrick explains Revenue Recognition, Materiality, Conservatism, and the Full Disclosure Principle.
Find out what information the Balance Sheet can provide by using Vertical Analysis and some basic math.
Ansvarsfriskrivning: Podcasten och konstverket som är inbäddat på den här sidan är från Patrick Donovan, som är dess ägares egendom och inte anslutet till eller godkänt av Listen Notes, Inc.