Gå frakoblet med Player FM -appen!
Understanding The Balance Sheet: A Snapshot In Time | Master the Margin
Manage episode 442503537 series 3013956
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
1327 episoder
Manage episode 442503537 series 3013956
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
1327 episoder
Alle episoder
×Velkommen til Player FM!
Player FM scanner netter for høykvalitets podcaster som du kan nyte nå. Det er den beste podcastappen og fungerer på Android, iPhone og internett. Registrer deg for å synkronisere abonnement på flere enheter.