Month: March 2022

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Ep 14 – Generally Accepted Accounting Principles (GAAP) Part 2 of 2

Episode 014 – Generally Accepted Accounting Principles (GAAP) Part 2 of 2

 

Recorded: June 5, 2021

Released: June 5, 2021

Intro by Clive Castle

Sounds by ZapSplat

 

In the second installment of a 2-part series on Generally Accepted Accounting Principles, or GAAP, Revenue Recognition, Materiality, Conservatism, and the Full Disclosure Principles are discussed. These and other principles that were discussed in Part 1 provide a framework for bookkeepers when recording transactions and allows for comparability when reviewing financial statements of different companies.

 

 

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Ep 13 – Generally Accepted Accounting Principles (GAAP) Part 1 of 2

Episode 013 – Generally Accepted Accounting Principles (GAAP) Part 1 of 2

 

Recorded: February 11, 2021

Released: February 11, 2021

Intro by Clive Castle

Sounds by ZapSplat

 

In the first of a 2-part series on GAAP, the Economic Entity Assumption, Going Concern, Cost Principle, Accrual Method, and Matching Principle are discussed. These and other principles to be discussed in Part 2 provide a framework for bookkeepers when recording transactions and allows for comparability when reviewing financial statements of different companies.

 

 

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Ep 10 – What is a Balance Sheet Telling Me?

 

Episode 10 – What is a Balance Sheet Telling Me?

 

Recorded: December 15, 2020

Released: December 15, 2020

Intro by Clive Castle

Sounds by ZapSplat

 

In the second installment of the 3-part series on what the main financial statements are telling you, Patrick explains the Balance Sheet.