146: Accrual Accounting Part 4: The Matching Principle and Expense Recognition
DEO's Growth Secrets Podcast for Dental Organizations
English - June 03, 2022 16:23 - 45 minutes - 32.5 MB - ★★★★★ - 33 ratingsCareers Business Education businessgrowth business dso dsosecrets emmetscott entrepreneur personaldevelopment Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Host Ken Kaufman is back with Hollie Williams, Chief Financial Officer, Rodeo Dental & Orthodontics, to unpack and dive deep into the expense side of accrual-basis accounting. They discuss the concept of the matching principle, how that applies to expense recognition on an income statement, how accrual accounting can provide clarity, and much more. This episode is part 4 of a 5-part series of everything you need to know to convert from cash to accrual-basis accounting.