17 - The Objectives of Financial Reporti...

Example: You own a sole proprietorship. For this period, you had revenue of $100,000, wage expense of $40,000, and computer expense of $30,000 (net income of $30,000). You also contributed $10,000 to the business this period. Step 1 – Transfer Revenue and Expense items to Income ... Show More

Today we will go over the adjusting process. This is where we make our adjusting journal entries to get from our unadjusted trial balance to our adjusted trial balance, which contains the figures we use on the financial statements and tax returns. We will briefly discuss prepaid ... Show More

Today we will discuss the accounting cycle. This is the process taken each period to record transactions, prepare the financial statements, and to reset the temporary accounts to zero for the next period. Keep in mind that the steps you may see in your accounting textbook or else ... Show More

Subscribe to the transcripts at https://www.allearsenglish.com/subscribe   When you are bored by a person or situation you might want to make a comment. Today get four new English vocabulary words to describe something that bores you in an interesting way. Learn more about your a ... Show More

When I start reading a book, I don’t try to internalize it line by line. It’s too overwhelming to attempt to retain every bit of wisdom packed inside the pages. Instead I simply try to take note of one big concept from each book and make a point of implementing it in my life. I’v ... Show More

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On this podcast, we offer some ideas for you to avoid spending too much time handling your finances or worrying about your finances. Simplify your financial life and make it easier to manager. 

<p>This episode of FinPod covers understanding bank financial statements and analysis. We highlight the unique aspects of bank financial statements compared to typical company statements, plus the significance of the balance sheet and the importance of understanding interest inco ... Show More

Work towards delegating everything that isn't your highest point of contribution.Was this helpful? If so then you need to check out the 7 Fundamentals Of Self Improvement which features short summaries of the most popular and impactful episodes from the past 7 years.Takes only 5 ... Show More

Don't spend time on things that don't really matter to youSee omnystudio.com/listener for privacy information. 

https://traffic.libsyn.com/secure/bizpod/BEP-417-Audit-2.mp3 Welcome back to Business English Pod for today’s lesson, the second part of our financial English series on discussing an audit. Money is the language of business, and audits are one way companies prove they can be trus ... Show More