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Understanding The Balance Sheet: A Snapshot In Time | Master the Margin

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Manage episode 442503537 series 3013956
Innhold levert av Pharmacy Podcast Network. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Pharmacy Podcast Network eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

In this episode of Master The Margin, Scotty Sykes, CPA CFP® and Kathy Blanchard, Senior Pharmacy Accountant build on the foundational principles (fundamental accounting) discussed in their inaugural episode by exploring the balance sheet!
Join Scotty Sykes, CPA, CFP®, and Kathy Blanchard, Senior Pharmacy Accountant explore:
- The formula "Assets = Liabilities + Equity"
- Its significance in providing a snapshot of a pharmacy's financial health
- Common assets you'll find on a pharmacy's balance sheet
- The importance of tracking current assets
Schedule an Rx Assessment: https://www.sykes-cpa.com/rx-assessment-service/
More resources about this topic:
Podcast – Independent Pharmacy Accounting Fundamentals: https://www.sykes-cpa.com/independent-pharmacy-accounting-fundamentals/
Blog – Fundamentals of Pharmacy Accounting: https://www.sykes-cpa.com/fundamentals-of-pharmacy-accounting/
Presentation – Fundamentals of Pharmacy Accounting: Navigating 2024 and Beyond: https://www.sykes-cpa.com/wp-content/uploads/2024/07/IdeaShare-Workshop-Digital-Presentation.pdf

  continue reading

1327 episoder

Artwork
iconDel
 
Manage episode 442503537 series 3013956
Innhold levert av Pharmacy Podcast Network. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Pharmacy Podcast Network eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

In this episode of Master The Margin, Scotty Sykes, CPA CFP® and Kathy Blanchard, Senior Pharmacy Accountant build on the foundational principles (fundamental accounting) discussed in their inaugural episode by exploring the balance sheet!
Join Scotty Sykes, CPA, CFP®, and Kathy Blanchard, Senior Pharmacy Accountant explore:
- The formula "Assets = Liabilities + Equity"
- Its significance in providing a snapshot of a pharmacy's financial health
- Common assets you'll find on a pharmacy's balance sheet
- The importance of tracking current assets
Schedule an Rx Assessment: https://www.sykes-cpa.com/rx-assessment-service/
More resources about this topic:
Podcast – Independent Pharmacy Accounting Fundamentals: https://www.sykes-cpa.com/independent-pharmacy-accounting-fundamentals/
Blog – Fundamentals of Pharmacy Accounting: https://www.sykes-cpa.com/fundamentals-of-pharmacy-accounting/
Presentation – Fundamentals of Pharmacy Accounting: Navigating 2024 and Beyond: https://www.sykes-cpa.com/wp-content/uploads/2024/07/IdeaShare-Workshop-Digital-Presentation.pdf

  continue reading

1327 episoder

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