Tag: year-end

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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 12 – Year-end Considerations

 

Episode 012 – Year-end Considerations

 

Recorded: January 27, 2021

Released: January 27, 2021

Intro by Clive Castle

Sounds by ZapSplat

 

Year-end is very taxing (pun intended) for bookkeeping professionals. In this episode, Patrick touches on a long list of items that you should be checking to ensure your clients’ books are reflecting accurate information. Give your clients a 5-star experience!

 

Resources

Information about PPP loan forgiveness by QuickBooks (Intuit)