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

It is so important to stay curious and keep learning new things as you age. I have most certainly found this to be the case. I don’t just learn languages, I am curious about many topics and I feed this curiosity every day. 

What financial books and tools do we recommend? Other than our Financial Order of Operations course, of course! And how does having a military pension fit in with your financial planning? We'll walk you through these questions and more in today's Q&A episode! Learn more about you ... Show More

There are a lot of fancy terms for the things we experience — but are they really useful? Yes! We explain four social-science terms that can help us understand our world. | Subscribe to our weekly newsletter here. Learn more about sponsor message choices: podcastchoices.com/adcho ... Show More

Looking to learn how artificial intelligence is impacting the accounting industry and how accountants can prepare to stay relevant in the future? Look no further! In this episode, we explore the incredible impact of ChatGPT in the accounting industry and discuss how it is revolut ... Show More

Many people try to read and reread things to force them into their brains through massed practice. 🛑 This is not the best way to learn things! 📚 We need to learn how to learn, as described in the book "Make Things Stick" by Peter C. Brown. In this video I share with you the mos ... Show More

In this episode, we'll be looking at enzymes activity and what to do when you get to the end of your boneless banquet. For more in-depth online learning, head on over to www.snaprevise.co.uk and see how our intelligent platform can transform your revision and help you score bette ... Show More

It's one thing to pursue knowledge on your own, and it's another to be teachable. Are you liking the short tips and practical advice on this podcast? You can find more ways to build a fulfilling future and take action toward your potential at www.selfimprovementdailytips.com! 

If you’ve just finished year 12, TAFE or university, you’re probably starting to realise that the world out there is a big place (especially now that the borders are opening again). You may also be starting to realise that the place you’ve been spending the last few years of your ... Show More