Podcasts about Accrual

Learn to Manage Cash Flow, Accrual Accounting, and Profitability for Smarter Growth In today's episode, we dive into the importance of mastering your business's financials to make smarter, more informed decisions. We'll explore key areas like cash flow management, accrual accounting, and profitability tracking, all of which play a vital role in ensuring long-term success and financial health. Whether you're an entrepreneur navigating large contracts or a small business owner trying to optimize project efficiency, understanding your numbers is essential to staying ahead and growing your business sustainably. Our guest, Brad Ebenhoeh, is the founder of Accountfully, a modern outsourced accounting firm that caters to innovative brands and businesses. Leaving behind the corporate world of suits and ties, Brad embraced a fresh approach to accounting one that integrates technology and emphasizes a strong work-life balance. Through his forward-thinking leadership, Brad has transformed accounting into a dynamic, client-focused service, proving that financial management can be as exciting and impactful as the creative brands he partners with. Coming up on this episode: Understanding and tracking your business's financial numbers is crucial to making informed decisions and avoiding costly mistakes. Accrual accounting provides a clearer picture of financial health by matching revenues and expenses accurately over time. Cash flow management is essential, especially when dealing with large clients or extended payment terms to prevent business disruptions. Building strong partnerships and referral networks can significantly boost client acquisition and business growth. Regularly reviewing project profitability and labor utilization helps ensure efficient operations and maximizes profits. All this and more, on this week's episode of Beyond 7 Figures. Stay tuned next week, so don't forget to subscribe to the show to get that episode as soon it gets released. Until then, be profitable. Links: accountfully.com

In today's episode we will take you through some accounting lessons to help you understand how accounting works. Don't switch off because you must understand this when you are thinking about assessing the profitability of your business and ensuring that your expenses match the month in which you created the revenue with those expenses.Find us here:https://nextadvisory.nz/#book-onlinehttps://www.instagram.com/nextadvisory.nz/CheersL&P

In this conversation, John Hannum, founder of PPS Solutions, discusses his journey in finance, the importance of CFO services for small businesses, and the intricacies of SBA loans. He explains the quality of earnings process, the differences between asset and share purchases, and shares insights on the buy-side perspective in M&A transactions. John emphasizes the significance of clean financial records for business owners preparing for sale and offers practical advice for navigating the complexities of business acquisitions.   Takeaways Small businesses often require CFO services during financial challenges. SBA loans are a popular financing option for acquisitions. Seller financing can be creatively structured in deals. Accrual accounting provides better insights for decision-making. Quality of earnings reports validate business financials before sale. Understanding deal structures is crucial for buyers and sellers. Clean financial records can lead to higher business valuations. The transfer of businesses from retiring owners is a growing trend. Buy-side representation is more common in current market conditions. Operational efficiency is key to successful business growth. Connect with Barnaby on LinkedIn: https://www.linkedin.com/in/barnabycook/ Join The Exit Plan mailing list: http://eepurl.com/iC8sIY   Learn more about PPS Solutions: http://www.ppsfinance.com/ Connect with John Hannum: john@ppsfinance.com  

In this week's Bullpen Roundup, we are joined by @0xBreadGuy who brings his analytical and spicy Twitter takes to the podcast medium. We discuss Eth's continued search for a credible value accrual narrative, why DA commoditization is inveitable, which L2's builders should be focusing on, any reasons to remain bullish on Eth, and whether Btc will lose its number 1 status within the next 5 years... - - Episode Resources Follow Bread : https://Twitter.com/0xBreadGuy - - Podcast Resources Follow Sal: https://twitter.com/salxyz Follow Dave: https://twitter.com/SolBeachBum Follow Zen : https://twitter.com/ZenLlama Follow Unlayered: https://twitter.com/UnlayeredPod Subscribe on Spotify, Apple, or Google: https://unlayered.io/ Subscribe on YouTube: https://www.youtube.com/@UnlayeredPod - - Time Stamps (0:00) - Are L2s Net Negative For Eth? (7:29) - Is DA Valuable? (15:32) - One Sided Relationship From L2s (21:41) - Which L2s To Build On (28:55) - Reasons To Be Bullish Eth? (33:33) - Is Chain Abstraction Overhyped? (40:44) - Eth DA Will Never Be Sufficient (44:37) - L2 Incentives To Become An L1 (49:25) - Where Is Bread Aligned (53:17) - End State Architecture For L1s (55:01) - State Of The Market (1:01:09) - Is Bitcoin A Special Snowflake?

In this week's edition, Communications Committee member Tony Mulhare discusses some vacation accrual errors that have been made for Pilots out on a medical leave of absence and how to check that the numbers in CWA are correct. Round 1 of vacation bidding closes tomorrow, so time is of the essence.He also recaps several questions that were fielded by Contract Admin this week, including how LCO works with a diversion as well as a move-up. There is also a great question regarding a jetway trade to training, a pro tip on vacation shifting into holiday weeks, and a reminder to all probationary Pilots that second-year pay language for OT is now in effect.If you have any feedback for us at all, please drop us a line at comm@swapa.orgFollow us online:Twitter - https://twitter.com/swapapilotsFacebook - https://www.facebook.com/swapa737

This week on the Expert Voices podcast, Randy Wootton, CEO of Maxio, speaks with Chris Morgan, CEO of LBMC. Randy and Chris highlight the evolving intricacies in financial operations within B2B SaaS companies. They discuss the necessity for moving beyond simple cash accounting to sophisticated systems capable of managing accrual accounting and providing deeper insights into business performance. With a rich background in accounting and finance, Chris talks about the significance of order-to-cash cycles, the dangers of revenue leakage, and the sophisticated demands placed on modern CFOs in today's data-rich business environment.Quotes“I think it's really consistency. Not all businesses are the same. And you really want to have somebody who's going to take the time and really kind of dive in and understand the business and the nuances around it so they can kind of better guide you on how all that should be captured and reported.” -Chris Morgan [19:54]“I think if a client is keeping their customers and growing and they're not losing business, then that's a great business, especially if they're hitting those two really well. And hopefully on the other side of it they're not losing customers, they're growing and adding customers as well from that standpoint.” -Chris Morgan [37:07]Expert Takeaways Implement Robust Accounting Systems: Utilize specialized SaaS tools to manage accounting operations, ensuring accurate and timely financial data.Maintain Consistency in Reporting: Develop and adhere to standardized methods for financial reporting and analysis.Prepare for Growth: Anticipate the inflection points in business growth that require enhanced financial oversight and transition smoothly with prepared systems and personnel.Embrace a Strategic Role: CFOs should evolve beyond the numbers, contributing to strategic business decisions and operational efficiencies.Timestamps(00:04) The Evolution of the CFO Role and LBMC's Growth(02:30) Outsourced Accounting Solutions for Growing Businesses(07:24) Navigating Financial Operations for Early-Stage B2B SaaS Companies(09:42) The Critical Role of Accurate Accounting in Capital Raises(16:12 Complexities of Consumption-Based Models in SaaS Revenue Recognition(28:40) Creating Consistent and Digestible Financial Reports(30:12) Strategic Financial Insights for SaaS Companies(33:38) The Importance of Data Visualization for Modern CFOs(33:44) The Evolution of CFOs from Compliance Officers to Strategic Partners(37:07) The Importance of Gross Retention and Churn in SaaSLinksMaxioUpcoming EventsMaxio Institute ReportRandy Wootton LinkedIn Chris Morgan LinkedIn

This week, Communications Committee member Tony Mulhare takes a deep dive into how your sick bank and vacation accrual are related if you were to go out on disability and the importance of making sure you don't get awarded a line for a month that you won't fly in (unless you have vacation, of course).He also discusses LRO and the SWA Payroll audit process, a question about repositions, and a question about when a reserve pilot can be assigned a pairing instead of using a premium open time bidder.If you have any feedback for us at all, please drop us a line at comm@swapa.orgFollow us online:Twitter - https://twitter.com/swapapilotsFacebook - https://www.facebook.com/swapa737

Did you know there are two ways to complete your self-employed tax return? In this episode Dan runs through the options and gives some thoughts on what is ‘best'. He chats about cash, accruals, tax, records …. all this and more on today's HeelanHub! www.heelanassociates.co.uk/podcast - the show for UK small business owners. info@heelanassociates.co.uk 02392 240040

Struggling with financials? Attorneys, ever feel lost in a sea of numbers? Confused by income statements in valuations? Your secret weapon? Accrual over cash accounting. Why? Realistic earnings snapshot.

Sara Snyder is a Certified Public Accountant with a background in accounting since 2017. Currently, she serves as an Account Manager and Outsourced CFO at Craig Cody and Company, Inc., specializing in advanced tax reduction with the designation of Certified Tax Coach. In this episode, we discussed an issue that impacts the accuracy of your financial statements — recognizing revenue in the correct period using accrual-basis accounting. Many agency owners think they're using accrual-basis accounting, but in reality, they're often doing it incorrectly. To teach us the correct way to use this accounting method, I invited Sara Snyder to give us some tips and tricks. She explains why it's sometimes better to record revenue as deferred or unearned rather than recording it right away. We go over a few different scenarios where this approach makes more sense than traditional revenue reporting. While it requires some upfront effort, proper accrual-based revenue recognition provides a much clearer view of actual monthly profitability. This enables better forecasting and staffing assessments and ultimately increases the perceived value if you decide to sell your agency down the road. Don't continue distorting your metrics. Take the steps now to implement proper accrual accounting and revenue recognition. Your financial statements, and your business, will be much better off. What you will learn in this episode: What circumstances can throw off accrual-based accounting What's a magic spreadsheet? Making sure your revenue is matching expenses How to properly set up payments so they don't mess with your revenue numbers The benefits of doing accrual-basis accounting the right way How long does it take to fix your numbers if they're off base? Resources: Website: http://www.craigcodyandcompany.com/ LinkedIn Personal: https://www.linkedin.com/in/sara-snyder-cpa-ctc-321596191/ LinkedIn Business: https://www.linkedin.com/company/craig-cody-and-company/

Imran and Qiao discuss hot topics such as the FarCon event, app layer value accrual, the high FDV dilemma, and more.No BS crypto insights for founders.Timestamps(00:00) Intro(00:42) Welcome to Good Game(01:37) The Friendtech Drop(03:21) Friendtech's Another Wedge(06:03) The Biggest Problem Friendtech Needs To Solve(12:39) New Behaviors Taking Place Within Friendtech(13:40) "It's Like V1 All Over Again"(17:17) Problems Racer Got Into(18:32) FarCon(19:26) A Tweet By @0xDesigner(23:40) Lens vs. Farcaster Daily Active Users(25:40) Bountycaster(28:21) Farcaster is Actually Competing with Telegram and TON?(29:47) FarCon Announcements(31:28) "Tipping was a Really Good Way to Distribute the DEGEN Token"(34:36) The Talks About The Base Token at FarCon(36:30) io.net Lost 75% of its GPUs(40:48) Stanley Druckenmiller Selling Nvidia Stocks But Buying Nvidia Calls(41:29) "GPUs Were No Longer The Bottleneck" - Mark Zuckerberg(42:42) Edge AI(48:46) "There Will Be Only 5 to 6 Chains That Will Rule Crypto"(53:42) Infra is Overfunded?(54:39) Google Paying Apple $20B(56:09) Apps Turning Into Infra(58:45) "What Can You Build Today That Will Get You 50,000 Users?"(59:21) Final ThoughtsSpotify: https://spoti.fi/3N675w3Apple Podcast: https://apple.co/3snLsxUWebsite: https://goodgamepod.xyzTwitter: https://twitter.com/goodgamepodxyzWeb3 Founders: Apply to Alliance: https://alliance.xyzAlliance Twitter: https://twitter.com/alliancedao DISCLAIMER: The views expressed herein are personal to the speaker(s) and do not necessarily reflect the views of any other person or entity. Discussions and answers to questions are intended as generalized, non-personalized information. Nothing herein should be construed or relied upon as investment, legal, tax, or other advice.

In this episode, your host, Aishat discusses the differences between cash accounting and accrual accounting in non-profit financial management. The benefits and drawbacks of each method are explored and she concludes with three things to consider when deciding on which is appropriate for the non-profitKEY TAKEAWAYSCash accounting records income and expenses based on the exchange of cash,accrual accounting records them based on entitlement and incurring of expenses.Accrual accounting provides a more holistic financial picture.BEST MOMENTS“… One records transactions on exchange of cash and the other records transaction on entitlement and….”“… the larger and more established non-profits will benefit from the holistic view provided by accrual accounting.”EPISODE RESOURCESCharity reporting and accounting: the essentials November 2016 - GOV.UK (www.gov.uk)ABOUT YOUR HOSTAishat operates her own bookkeeping and accounting services practice – BAnC Services which focuses primarily on serving non-profits. Before founding her practice, she dedicated over two decades to the non-profit sector.With her podcast, Aishat shares practical insights and expertise to streamline financial management for non-profits; and shines a light on the often unseen & unheard efforts that uphold the delivery of a non-profit's mission.Beyond her professional endeavours with non-profits, Aishat is deeply committed to supporting single mothers with navigating financial management challenges and is the author of "Money Solutions for Single Mums". She also champions financial literacy among young black adults and thrives in discussions about money management.Work with Aishat: www.bancservices.co.ukCONNECThttps://www.instagram.com/npbookkeeper/https://www.tiktok.com/@npbookkeeper?lang=en

How can the relationship between the operating team and investors make or break a real estate deal, especially in challenging market conditions?   In this episode, Angel Williams and Randy Langenderfer discuss the importance of trust and relationships in passive real estate investing. They share their experiences with different operating teams and how a strong team can help a deal survive even in tough times. The conversation also delves into the differences between cash and accrual accounting, the pros and cons of vertically integrated property management, and the significance of creating a sense of home for tenants. Throughout the discussion, Angel and Randy emphasize the value of knowing one's strengths and relying on the expertise of others in areas where one may lack knowledge or experience.   Randy is Founder and President of InvestArk Properties and general partner in 1,500 doors representing $250M in assets under management.  He has invested in a total of over 3,000 units in TX, OK, AZ, SC and LA. His investment strategy focuses on providing the passive investor significant returns by improving communities using a safe and time-tested approach. He is passionate about helping the busy professional achieve their goals in real estate and has been a part of several national educational programs and is currently a private multi-family coach.   He is a board member and previously served as the Chief Compliance and Audit Officer for a large academic medical institution in Houston, TX. He has a bachelor's degree in accounting, Information Systems, an MBA in Finance, and is a CPA. [00:00:00] - [00:02:00]  The Importance of Trust in Passive Investing -  Trust in the operating team is crucial for the success of a real estate deal. -  A strong operating team can help a deal survive even in challenging market conditions. -  Building relationships with the operating team is essential before investing.   [00:02:00] - [00:06:00]  Cash vs. Accrual Accounting in Real Estate -  New investors should educate themselves on the differences between cash and accrual accounting. -  Accrual accounting aims to smooth out income and expense variations over time. -  Understanding which reports are cash basis and which are accrual is crucial for investors.   [00:06:00] - [00:10:00]  Vertically Integrated Property Management: Pros and Cons -  Vertically integrated models, where the property management company is part of the GP team, are becoming more common in larger deals. -  The success of a vertically integrated model depends on the performance of the property management company and the ability to remove them if necessary. -  Some investors prefer third-party property management to avoid potential conflicts of interest.   [00:10:00] - [00:15:00]  Creating a Sense of Home for Tenants -  Using language that emphasizes "home" rather than "unit" or "tenant" can help create a sense of belonging for residents. -  Creating a sense of home can lead to lower turnover, increased renewals, and reduced costs. -  The concept of home resonates with people across different classes of apartments.   [00:15:00] - [00:18:00]  Leveraging Expertise in Real Estate Investing -  Investors should focus on their strengths and rely on the expertise of others in areas where they lack knowledge or experience. -  Empowering local teams to make decisions is crucial for the success of a real estate investment. -  Partnering with experts in specific markets can help investors navigate unfamiliar territories more effectively.   quotes: - "You need to 100 percent know that you can trust the operating team because they can make a good deal suck and they can make a bad deal survive." - Angel Williams   - "I think people want to live someplace they're comfortable with and call home. And that just creates less turnover, promotes renewals. Less cost and more benefits”- Randy Langenderfer   Connect with Randy:   Website: www.invest-ark.com Website: www.multifamilymaestros.com LinkedIn: https://www.linkedin.com/in/randy-langenderfer/ Facebook: https://www.facebook.com/randy.langenderfer   Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode. Are you confused about where to start? Join our community and learn more about real estate investing.  Head over to our Facebook Page, Youtube Channel, or website  https://www.theacademypresents.com/jointhesummit36848306.

Abisola Latunji-Cockbill and Charles Pigott discuss the new rules on holiday accrual and the calculation of holiday pay for part-year and irregular hours workers.

Imagine this: You've built a thriving business, your sales are climbing, and on paper, you're incredibly profitable.  But then, reality hits. Payroll day arrives, and suddenly you're scrambling to find the cash to cover it. Does this scenario sound familiar? It's what many founders experience—the profit versus cash flow paradox. While profit might seem promising, cash flow tells the real story about your business's financial health.In this episode, our founder and host of Her CEO Journey, Christina Sjahli will clarify the difference between profit and cash flow. Christina will explain why profit and cash flow don't always go hand-in-hand, and equip you, a mission-driven founder, with the knowledge to use both effectively for wise and sustainable business decisions.  Ditch the financial frustration and join us as Christina reveals the secrets of true financial health for your business!Key Takeaways:Profit (net income): The remaining amount after deducting all costs from revenue. It reflects the profitability of your business model, marketing strategy, pricing, and cost management.Cash flow: The movement of money in and out of your business. It tells you about your cash collection habits, supplier credit utilization, inventory levels, and external financing needs.Profit doesn't equal cash: Profit is calculated based on accrual accounting (revenue recognized at sale, even if cash hasn't been received), while cash flow reflects actual cash movement.Profitability and cash flow are independent: A profitable business can have negative cash flow and vice versa.Founders need both: Analyze both profit and cash flow to make informed decisions about your business.Episode HighlightsThe story behind profit: How a healthy profit indicates a strong business model, effective marketing, and efficient cost management.The cash flow conundrum: Why founders might struggle with cash flow despite showing a profit on paper.Accrual accounting vs. cash accounting: Understanding the timing difference between revenue recognition and cash receipt.Profit vs. cash flow stories: How each metric provides valuable insights into your business health.Why both matter: The importance of using both profit and cash flow analysis for effective business management.ResourcesConnect with Christina Sjahli on LinkedIn Check out Christina's Fractional CFO ServicesExplore Profit Reimagined and discover how you can turn purpose into profit: Website and  LinkedInEnjoyed This Podcast?Each review you write helps us reach more women in business. Your insights are invaluable—share this with your friends and amplify the impact! Connect With the Profit ReimaginedReady to turn purpose into profit? Transform your financial strategy and embark on a journey toward a sustainable and thriving business. Schedule a chat with the team today!

Partnerships Unraveled hosted a panel discussion titled: "2024 Vision: Revolutionizing Growth with MDF and TCMA". Industry experts gathered to discuss the latest trends in the optimization of Market Development Funds, and how to leverage Through-Channel Marketing Automation for accelerated Demand Generation, covering different topics such as:- Accrual-based vs proposal-based MDF programs. How is the industry shifting and why?- How can vendors enhance the effectiveness of their MDF?- Challenges in getting smaller partners to participate in demand-generation activities.- Driving partner engagement and generating demand via TCMA tools at scale. Moderating the session we had our Business Development Whiz Efe Senel who hosted the conversation among our esteemed panelists:- Jay McBain, the Channels, Partnerships, and Ecosystems expert from Canalys- Janet Schijns, a proven leader known for delivering remarkable growth outcomes for the channel, CEO of JSG- Blake Williams, the go-to expert in Partner and Revenue marketing, founder of Ampfactor- Alex Whitford, Channel Distribution and TCMA expert and the VP of Revenue at Channext. _________________________Connect with the podcast hosts

In today's episode Kyle Samani from Multicoin Capital joins Michael and Hart to discuss the complex dynamics of network effects in the blockchain ecosystem. The conversation dives deep into the different types of network effects at play, the phenomenon of anti-network effects caused by high gas fees, and the potential for blockchain technology to revolutionize global finance. Kyle shares his insights on the end state of L1 blockchains, the role of interoperability, and where value may ultimately accrue in the crypto stack. Along the way, they debate the relative importance of technological innovation versus monetary characteristics in driving value. Although our guest this week is a Managing Partner of a registered investment adviser, nothing in this podcast should be considered an offer of Multicoin's investment advisory services or should otherwise be confused for investment, tax, legal or other financial advice. -- Follow Kyle: https://twitter.com/KyleSamani Follow Hart: https://twitter.com/hal2001 Follow Mike: https://twitter.com/MikeIppolito_ Subscribe on YouTube: https://bit.ly/3R1D1D9 Subscribe on Apple: https://apple.co/3pQTfmD Subscribe on Spotify: https://spoti.fi/3cpKZXH- - - - Arbitrum is a game-changer for daily Ethereum's users and developers, offering top applications and lower fees. As the leading scaling solution with 600+ apps, explore Arbitrum's Portal to find your perfect fit. Interact with the home of DeFi, a flourishing NFT and creator ecosystem, and a rapidly growing Web3 gaming hub – Arbitrum has it all.  Get started at: portal.arbitrum.io  - - Monad is a fully EVM compatible Layer 1 blockchain that can support 10,000 real transactions per second. Monad aims to open up the design space for the EVM to support high fidelity defi, consumer facing applications, and more generally allow crypto to scale to the masses. If you are interested in participating in Monad's journey, follow: https://twitter.com/monad_xyz and join: https://discord.gg/monad - - SKALE is a modular, AppChain network that offers zero gas fee transactions and instant finality. Tailored for ease of development and onboarding, SKALE's configurable EVM chains enable next-gen use cases in gaming, AI, DePin, and others. With over 20,000,000 users having saved over $6 Billion on gas fees, SKALE is the blockchain for mass adoption. Bridge to SKALE at portal.skale.space and stay up to date with the gasless blockchain at @skalenetwork Timestamps: (0:00) Intro (03:20) Interview Start: Kyle Samani (6:53) Network Effects & Blockchains (20:57) Blockchain Based Games & Social Apps 29:12 Arbitrum Ad 29:58 Monad Ad 30:57 SKALE Ad (32:14) Integrated vs Modular (34:46) Protocol vs Token Network Effects (57:16) End State of L1s (1:10:38) Outro - - Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

Season 7 | Episode 7 In today's episode Kyle Samani from Multicoin Capital joins Michael and Hart to discuss the complex dynamics of network effects in the blockchain ecosystem. The conversation dives deep into the different types of network effects at play, the phenomenon of anti-network effects caused by high gas fees, and the potential for blockchain technology to revolutionize global finance. Kyle shares his insights on the end state of L1 blockchains, the role of interoperability, and where value may ultimately accrue in the crypto stack. Along the way, they debate the relative importance of technological innovation versus monetary characteristics in driving value. Although our guest this week is a Managing Partner of a registered investment adviser, nothing in this podcast should be considered an offer of Multicoin's investment advisory services or should otherwise be confused for investment, tax, legal or other financial advice. -- Follow Kyle: https://twitter.com/KyleSamani Follow Hart: https://twitter.com/hal2001 Follow Mike: https://twitter.com/MikeIppolito_ Subscribe on YouTube: https://bit.ly/3R1D1D9 Subscribe on Apple: https://apple.co/3pQTfmD Subscribe on Spotify: https://spoti.fi/3cpKZXH- - -- Sei Labs believes the EVM is here to stay. By providing the fastest time to finality of any chain, thousands of transactions per second and full backwards compatibility with the EVM, Ethereum developers can try out a brand new design space for their applications. Try out sei v2 devnet - visit the new sei.io to find out more. - - Uniswap builds simple and secure products that help you swap smarter. Web. Mobile. Extension. Powered by the smartest protocol in DeFi. To learn more about the Uniswap's products head on over to: https://blckwrks.co/Uniswap - - Get the freshest price feeds free for 12 months. Join Supra's early integration program for zero-cost access to the fastest oracles and dVRF across 50+ blockchains: supra.com/blockworks Earn $1,500 by referring Web3 projects to use Supra services. The projects get the fastest services for free, and you earn $1,500 for every referral. Learn more at the link above. - - Timestamps: (0:00) Interview Start: Kyle Samani (3:53) Network Effects & Blockchains (17:57) Blockchain Based Games & Social Apps (27:45) Sei Ad (28:44) Uniswap Ad (29:38) Supra Ad (30:34) Integrated vs Modular (33:06) Protocol vs Token Network Effects (55:36) End State of L1s (1:08:58) Outro - - Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

Cash versus accrual accounting. In practice, what is the real difference for most organizations? Which is best for you to use?

The value accrual model in the modular stack is akin to that of the rise of the early internet. According to Tarun, founder of Gauntlet and a prominent angel investor, we will see more and more specialized usecases for applications which are highly expressive. As a result of this, the need for a modular stack becomes more and more apparent. We really enjoyed this conversation which drew inspiration from the evolution of the internet and computing to paint a clearer picture of the modular future. We've been quite deep in the technical weeds during Modular March (exactly where we want to be), so it was refreshing to host a discussion that goes beyond technicalities and instead touches on the practical application layer of modular blockchains. Hope you enjoy and feel free share with your friends who are trying to answer the question “why modularity?” & “where does the value accrue in the modular stack?” for the future of blockchain scaling.

Today on the Ether we have Abhitej Singh hosting episode 4 of the Badcast. You'll hear from osmocake, 0xanuragck.eth, and more! Recorded on March 3rd 2024. Make sure to check out the newest tracks from Finn and the RAC FM gang over at ImaginetheSmell.org! The majority of the music at the end of these spaces can be found streaming over on Spotify, and the rest of the streaming platforms. Check out Project Survival, Virus Diaries, and Plan B wherever you get your music. Thank you to everyone in the community who supports TerraSpaces.

If you're DIYing your books, you likely don't know when to use accrual vs. cash basis accounting. This is one of the red flags we see when new clients start working with us. Most sole proprietorships, single-member LLCs, and S-corps are using cash basis accounting because it's simple — it's the cash you've collected. But if you are ready to scale your business, you need to understand and use accrual accounting, which is going to allow you to know when (and how much) you can invest in additional expenses and how to maintain a cash-healthy business so you never find yourself unable to pay yourself or your bills. Tune into this episode to learn the differences between accrual vs. cash basis accounting, when to use each one, and how understanding accrual accounting is going to make it more sustainable for you to scale. 01:31 — What is Accrual vs. Cash Basis Accounting? 03:45 — When to use Accrual vs. Cash Basis Accounting05:43 — How Looking at Accrual Accounting Can Help You Make Better Financial Decisions to Scale Your Business12:22 — Mistakes to Lookout for When Using Accrual vs. Cash Basis Accounting

We hear a lot about cash accounting and accrual accounting, but it can be challenging to know the difference between the two and how they are both used. Kellen Liebsch, Associate Director for KFMA, sits down to talk about the two accounting methods, how they can be utilized, and the pros and cons of each method.

See Thousands of Actual Client Success Stories from Real Clay Clark Clients Today HERE: https://www.thrivetimeshow.com/testimonials/ Schedule a FREE 13-Point Assessment with Business Growth Consultant Clay Clark Today At: https://www.thrivetimeshow.com/need-business-coach/ Clay Clark Testimonials | "Clay Clark Has Helped Us to Grow from 2 Locations to Now 6 Locations. Clay Has Done a Great Job Helping Us to Navigate Anything That Has to Do with Running the Business, Building the System, the Workflows, to Buy Property." - Charles Colaw (Learn More Charles Colaw and Colaw Fitness Today HERE: www.ColawFitness.com) Download A Millionaire's Guide to Become Sustainably Rich: A Step-by-Step Guide to Become a Successful Money-Generating and Time-Freedom Creating Business HERE: www.ThrivetimeShow.com/Millionaire See Thousands of Case Studies Today HERE: https://www.thrivetimeshow.com/does-it-work/

Mitchell Baldridge and Scott Hambrick answer a listener question asking about switching from cash accounting to accrual accounting in his farming buinsess, and a potential tax bill that would arise from that switch. Listener Austin also asks about the common practice of spending money on new equipment to reduce taxable income, even when the business doesn't need the equipment. Scott and Mitchell explain why spending money on equipment you don't need to save on taxes is a bad decision, and why tax planning around write offs is a poor strategy for the small business person in general.   Ask Mitchell and Scott a question: Email: show@stupidtaxpod.com   Mitchell Baldridge Twitter: @baldridgecpa https://baldridgecpa.ck.page https://baldridgefinancial.com   Scott Hambrick Twitter: @hambrickscott IG: @ogscotthambrick https://onlinegreatbooks.com https://scotthambrick.com  

In this episode of the Fearless Sellers podcast, Joie Roberts interviews Ben Robinson, an entrepreneur and co-founder of Keepmetrics. They discuss the importance of bookkeeping for Amazon sellers and how it serves as the scoreboard of their business. Ben shares essential tasks that sellers should do to improve their financial score and ultimately increase their bottom line. They also touch on the discomfort around talking about money and the role of tax audits. Tune in to gain valuable insights on managing your finances as an Amazon seller.   Timestamps [00:01:17] The scoreboard of your business. [00:05:53] Keeping Books Clean for Business Exit. [00:06:39] Importance of bookkeeping in business. [00:10:10] Accrual vs. cash basis. [00:14:09] FIFO method of accounting. [00:18:39] Treating inventory with respect. [00:21:02] Understanding financial statements. [00:24:07] Tax planning complexities. [00:27:17] Tax and legal considerations. [00:30:39] Not having a plan. [00:34:03] Tax audits and preparation. [00:38:03] Audits and tax deductions. [00:41:05] Trusting specialists in e-commerce.   Ben, the guest speaker in this podcast episode, is the co-founder and CEO of bookkeepers.com. He has helped thousands of Bookkeeping Professionals to start, grow and transform their practices into true businesses. Ben used his background as a CPA for small businesses to formulate a blueprint that helps our profession deliver more value to our clients and earn more money. Ben was an air-traffic controller in the Air Force before graduating from the University of Central Arkansas. He proudly supports Bookkeeping Professionals around the globe through a partnership with Charity Water. Ben lives in Atlanta and has three grown children, all who work with him.   Contact Joie on Instagram: @JoieRoberts.official Interested in learning how to build your own Amazon business from the leaders in the Amazon industry? Book your free consultation with Joie and team at www.CallAMZ.com

Learn the differences between the cash and accrual methods and how you can use them to your advantage to manage cash flow and tax liabilities. Your Virtual CFO Coach host: Lieah Torbert, CEO of Harrington Strategic Partners Incorporating 20 years' experience in the retail, oil & gas, automotive, and chemical manufacturing industries, I developed my proprietary growth system, the Cash Flow Ignition Method. My system helps you build & implement a fully customized roadmap to achieving your business goals without sacrificing more of your personal time. If you've ever found yourself wondering if there's a better way to: Have a financial strategy that drives profit, work/life harmony, expansion and retirement Transition from the owner/operator of your business to the strategic CEO Then it's time for you to learn more about how the Cash Flow Ignition Method can help get you there! Take the Wheel of Your Destiny: Shape the course of your business by adopting a Decisive CEO Mindset. Be the one confidently calling the shots, making choices that pave the way for growth and success. Run Your Operations Like a Well-Oiled Machine: Imagine your cash flow as a high-performance engine. Make sure it runs smoothly with every part working together seamlessly. This is your Cohesive Cash Flow System, ensuring that your business stays fueled and ready for action. Design your Cultivated Success Blueprint: Take charge of designing a roadmap that guides your journey to success. It's not a one-size-fits-all plan - it's a tailor-made strategy that aligns seamlessly with your business goals so you can transform your business into a high-powered machine, breaking through barriers and achieving what others say is impossible. Learn more about Harrington's services Schedule your Cash Flow Optimization (CFO) call Follow me: LinkedIn Facebook YouTube Subscribe to the podcast: Apple Spotify YouTube #virtualcfo #outsourcecfo #strategicplanning #ceomindset #cashflow #cashflowplanning #smallbusiness #servicebusiness #bookkeeping #bookkeepingservices #strategicgoals #businessgrowth #worklifebalance

On this episode of Industrial Talk, we're onsite at Accruent Insights and chatting with Richard Leurig, CPTO with Accruent about people, innovation and emerging technology is at the heart of driving success.  Here are the key takeaways: Introductions. 0:03 Scott Mackenzie is a passionate industry professional dedicated to transferring cutting edge industry-focused innovations and trends while highlighting the men and women who keep the world moving. Richard gives a little background on who he is. Chief product and technology officer at accrual, responsible for product development, software engineering and the engineering process, and responsibility for the professional services team that implements and configures the products. Exciting opportunities in front of Accrual in changing the company and the world, and changing the world. How do you look for common patterns of processes? 4:58 The process of managing leases for a retail location, contracts and projects is different than work orders in a hospital or a distribution center. An example of an example of a process. There is one workflow, building a building, managing assets, costs and vendors associated with that building. Accrual is connecting all of those products together to reduce costs and improve efficiencies. Accrual's vision is no panes of glass, essentially a smart environment that operates on its own and tells you in the morning. Solving the problem of multi-systems. 10:17 There are a lot of companies out there that need to be exposed to these multi-systems. One individual will rely on one system. The technology exists in most corporate, retail and manufacturing. The progression of technology in the last four years has been tremendous, and will be even faster at a faster pace in the next four years. The future of the program. Advice for companies looking at the future. 14:31 The two things that are happening that are speeding up the adoption of AI that are going to make it easier to adopt and easier to manage the change. The cost of AI is going down, and the availability of open AI, Chat GPT, etc, is also going down. How to get more information about Richard and how he will change the world. How to connect with Richard via LinkedIn, email or webinars to learn more about his work and how to get involved in his work. Also, get your exclusive free access to the Industrial Academy and a series on “Why You Need To Podcast” for Greater Success in 2023. All links designed for keeping you current in this rapidly changing Industrial Market. Learn! Grow! Enjoy! RICHARD LEURIG'S CONTACT INFORMATION: Personal LinkedIn: https://www.linkedin.com/in/rkleurig/ Company LinkedIn: 

Cash-Based accounting is different than Accrual Accounting. We know the fundamental difference between the two, but how does this play out in the financial statements?Contact: investmentbankinginsights@gmail.com

EP. 62: SLEEP LOSS & YOUR PHYSIQUE: HOW SLEEP LOSS AFFECTS APPETITE, FAT LOSS, BODY FAT ACCRUAL & METABOLIC RATE TOPICS: THE RELATIONSHIP BETWEEN STRESS AND SLEEP HOW SLEEP LOSS IMPACTS HUNGER AND SATIETY HORMONES AND APPETITE HOW SLEEP LOSS INFLUENCES OUR FOOD CRAVINGS, FOOD CHOICES AND DIETARY DECISIONS HOW SLEEP LOSS CAN LEAD TO INCREASED CALORIE INTAKE HOW SLEEP LOSS CAN IMPACT BODY COMPOSITION, BODY FAT LEVELS, METABOLIC RATE AND TDEE HOW POOR SLEEP CAN INCREASE BODY FAT GAIN Where to find us and engage with us :) Follow Brandon on IG: https://www.instagram.com/brandondacruz_/ Follow Jeff on IG: https://www/instagram.com/jeffunbreakableblack Follow Ironhouse on IG: https://www.instagram.com/ironhousestrengthconditioning Follow Relentless Forever - youtube.com/relentlessforever

Another unnecessary crisis averted. In this episode, Jen examines the debt ceiling crisis events of the past to show that the Fiscal Responsibility Act of 2023 - which raised the debt ceiling - is not likely to reduce our government's debt but will likely ensure that our environment will be trashed for profit. She also examines the best path forward to ensure that the debt ceiling is never used for political leverage again. Please Support Congressional Dish – Quick Links Contribute monthly or a lump sum via PayPal Support Congressional Dish via Patreon (donations per episode) Send Zelle payments to: Donation@congressionaldish.com Send Venmo payments to: @Jennifer-Briney Send Cash App payments to: $CongressionalDish or Donation@congressionaldish.com Use your bank's online bill pay function to mail contributions to: 5753 Hwy 85 North, Number 4576, Crestview, FL 32536. Please make checks payable to Congressional Dish Thank you for supporting truly independent media! View the show notes on our website at https://congressionaldish.com/cd275-debt-ceiling-2023-crisis-normalized Background Sources Congressional Dish Episodes CD261: Inflation Reduction Act CD257: PACT Act – Health Care for Poisoned Veterans CD151: AHCA – The House Version (American Health Care Act) CD049: Crisis… Postponed CD048: The Affordable Care Act (Obamacare) Debt Ceiling Overview “US debt ceiling - what it is and why there is one.” Natalie Sherman. Jun 2, 2023. BBC. “What Happens When the U.S. Hits Its Debt Ceiling?” Noah Berman. Last Updated May 25, 2023. Council on Foreign Relations. “A brief history of debt ceiling crises and the political chaos they've unleashed.” Raymond Scheppach. May 12, 2023. The Conversation. “Congress has revised the debt ceiling 78 times since 1960. An expert explains why.” Scott Simon and Lennon Sherburne. April 29, 2023. NPR. New Development Bank Ben Norton on Twitter New Development Bank on Twitter New Development Bank Website “BRICS New Development Bank de-dollarizing, adding Argentina, Saudi Arabia, Zimbabwe as members.” Ben Norton. Jun 8, 2023. Monthly Review Online. “NDB Board of Directors held its 40th meeting.” Jun 5, 2023. New Development Bank. Debt Limit History “The Debt Limit Through the Years.” Bipartisan Policy Center. “US government shutdown to end after Congress passes debt ceiling deal.” Paul Lewis and Dan Roberts. Oct 15, 2013. The Guardian. “S.& P. Downgrades Debt Rating of U.S. for the First Time.” Binyamin Appelbaum and Eric Dash. Aug 5, 2011. The New York Times. “Gingrich Vows No Retreat on Debt Ceiling Increase.” Clay Chandler. Sept 22, 1995. The Washington Post. 2023 Crisis “House Democrats Move to Force a Debt-Limit Increase as Default Date Looms.” Carl Hulse. May 2, 2023. The New York Times. “Can Congress Make an End-Run Around a Debt Limit Impasse? It's Tricky.” Carl Hulse and Jeanna Smialek. Apr 7, 2023. The New York Times. The Debt “2023 VAT Rates in Europe.” Cristina Enache. Jan 31, 2023. Tax Foundation. “National Debt: Definition, Impact, and Key Drivers.” Updated May 25, 2023. Investopedia. “Briefing Book: What is the Child Tax Credit?” Updated May 2021. Tax Policy Center. The Law H.R.3746: Fiscal Responsibility Act of 2023 Jen's Highlighted PDF CBO Estimate of Budgetary Effects Law Outline Division A: Limit Federal Spending Title I: Discretionary Spending Limits for Discretionary Category Sec. 101: Discretionary Spending Limits Sets spending caps for fiscal years 2024 and 2025 2024: Over $886 billion for defense Over $703 billion for non-defense Sec 102: Special Adjustments for Fiscal Years 2024 and 2025 If there is a continuing resolution in effect on or after January 1, 2024 for fiscal year 2024, or a continuing resolution for 2025 on or affect January 1, 2025, defense and non-defense spending will be sequestered, meaning a 1% across the board cut Title II: Budget Enforcement in the House of Representatives Explains how the House of Representatives must implement this law Title III: Budget Enforcement in the Senate Explains how the Senate must implement this law Division B: Save Taxpayer Dollars Title I: Rescission of Unobligated Funds Takes money back from accounts where it wasn't all spent including from: The Public Health and Social Services Emergency Fund The Centers for Disease Control and Prevention Specifically their COVID vaccine activities and vaccine supply chains All the money except $7 billion for COVID testing and mitigation All of the SARS-CO-V2 genomic sequencing money except for $714 million All of the money for COVID global health programs International Disaster Assistance funds for the State Department National Institutes of Health - National Institute of Allergy and Infectious Diseases Centers for Medicare and Medicaid Services Community health centers National Health Service Corps Nurse Corps Graduate level teaching health centers Mental health and substance use disorder training for health care professionals and public safety officers Grants for mental health for medical providers Funding for pediatric mental health care access Grants for survivors of sexual assault Child abuse prevention and treatment Medical visits at home for families State and local fiscal recovery funds Rural health care grants Restaurant revitalization fund Elementary and secondary school emergency relief funds Housing for people with disabilities Housing for the elderly Grants to Amtrak and airports Air carrier worker support and air transportation payroll support Title II: Family and Small Business Taxpayer Protection Sec. 251: Rescission of Certain Balances Made Available to the Internal Revenue Service Defunds the IRS by approximately $1.4 billion Title III: Statutory Administrative Pay-As-You-Go Requires agencies to submit plan to reduce spending in an equal or greater amount to every action they take that increases spending. This is easily waived and expires at the end of 2024.. Title IV: Termination of Suspension of Payments on Federal Student Loans: Resumption of Accrual of Interest and Collections Sec. 271: Termination of Suspension of Payments on Federal Student Loans; Resumption of Accrual of Interest and Collections At the end of September, people with Federal student loans will have to begin repayment of their loans, and the Secretary of Education is not allowed to implement an extension of the payment pause. Division C: Grow the Economy Title I: Temporary Assistance to Needy Families Orders reports about work requirements for welfare payments Title II: SNAP Exemptions Sec. 311: Modification of Work Requirement Exemptions In order to receive food benefits for more than 3 months in a 3 year period, "able bodied" people have to work at least 20 hours per week or participate in a work program for 20 hours per week unless that person is under 18 or over 50 years old, medically unable to work, is a parent with dependent children, or is pregnant. This provision increases the work requirement age over the next few years so it becomes 55 years old. This provision adds homeless individuals, veterans or foster kids until they are 24 to the list of people exempt from the work requirements This provision expires and the qualifications revert back to what they used to be on October 1, 2030 Title III: Permitting Reform Sec. 321: Builder Act Changes the requirements for NEPA environmental studies to include "any negative environmental impacts of not implementing the proposed agency action in the case of a no action alternative..." and requires only "irreversible and irretrievable commitments of FEDERAL resources which would be involved in the proposed agency action should it be implemented" Adds circumstances when agencies will not have to produce environmental impact documents Requires environmental impact statements when the action has a "reasonably foreseeable significant effect on the quality of the HUMAN environment." Allows agencies to use "any reliable data source" and says the agency is "not required to undertake new scientific or technical research unless the new scientific or technical research is essential to a reasoned choice among alternatives and the overall costs and time frame of obtaining it are not unreasonable." Assigns roles for "lead agencies" and "cooperating agencies" and says that the agencies will produce a single environmental document Sets a 150 page limit on environmental impact statements and 300 pages for a proposed agency action with "extraordinary complexity" Sets a 75 page limit on environmental assessments Requires lead agencies to allow a "project sponsor" to prepare environmental assessments and environmental impact statements under the supervision of the agency. The lead agency will "evaluate" the documents and "shall take responsibility for the contents." Environmental impact statements must be complete in under 2 years after the EIS is ordered by the agency Environmental assessments must be completed in 1 year The agency may extend the deadlines Project sponsors are given the right to take government agencies to court for failure to meet a deadline Sec. 324: Expediting Completion of the Mountain Valley Pipeline "Congress hereby ratifies and approves all authorizations, permits, verifications, extensions, biological opinions, incidental take statements, and any other approvals or orders issued pursuant to Federal law necessary for the construction and initial operation at full capacity of the Mountain Valley Pipeline." Gives the Secretary of the Army 21 days after enactment of this law to issue "all permits or verifications necessary to complete the construction of the Mountain Valley Pipeline across the waters of the United States" "No court shall have jurisdiction..." to review "...any approval necessary for the construction and initial operation at full capacity of the Mountain Valley Pipeline... including any lawsuit pending in a court as of the date of enactment of this section." Division D: Increase the Debt Limit Sec. 401: Temporary Extension of Public Debt Limit Suspends the debt limit until January 1, 2025 On January 2, 2025, the debt limit will automatically increase to whatever amount the debt level is at the end of the suspension Audio Sources Senate Session June 1, 2023 Highlighted Transcript Senate Session Parts 1 & 2 May 31, 2023 Highlighted Transcript Meeting: H.R. 3746 - Fiscal Responsibility Act of 2023 May 30, 2023 House Committee on Rules Watch it on YouTube Clips 22:50 Rep. Jason Smith (R-MO): I should note for my colleagues that Democrats could have raised the debt limit last year when they controlled the House of Representatives. 35:30 Rep. Ron Estes (R-KS): The Fiscal Responsibility Act finally ends the federal student loan moratorium and the so-called interest pause, effective August 31, 2023. For every month borrowers were allowed to skip payments, $4.3 billion were added to the American taxpayers debt. 41 months later, the moratorium has cost American taxpayers approximately $176 billion. 1:01:15 Rep. Joe Neguse (D-CO): The President put forward a budget months ago. Chairman Smith, do you know when the President submitted his budget to the United States Congress? Rep. Jason Smith (R-MO): I don't remember but it was -- Rep. Joe Neguse (D-CO): It was March 9th. Rep. Jason Smith (R-MO): It was late. It was due February 1st. Rep. Joe Neguse (D-CO): Oh, I'm glad you noted that. Chairman Smith, when did the Republicans submit their budget? Rep. Jason Smith (R-MO): You would need to ask the budget committee. Rep. Joe Neguse (D-CO): I would need to ask the budget committee. Mr. Estes. When did the Republicans submit their budget? [Pause] Only in the Rules Committee, by the way, could a witness lay blame at the president for being a few weeks late in submitting his budget when his party hasn't submitted a budget, period. 1:06:45 Rep. Brendan Boyle (D-PA): We also run the risk that we will one day not be the reserve currency of the world. The reason why our interest rates are so low comparatively, is because we are a safe haven for investment for the rest of the world. These sort of antics increasingly bring that into doubt whether or not folks will get their money, the folks who are lending to us. 1:24:15 Rep. Teresa Leger Fernandez (D-NM): Now, Standard and Poor's, they downgraded our credit rating. Have they increased that credit rating? Rep. Brendan Boyle (D-PA): No. There are three credit agencies Standard and Poor's, which was the one that downgraded us in 2011, never reversed their downgrade. And frankly my concern and the worry right now is that the other two credit agencies will now follow suit, given the events of the last couple of months, which obviously look very much like 2011 all over again. 1:50:55 Rep. Jim McGovern (D-MA): I continue to be stunned by the fact that when I look at this deal, which focuses on discretionary funding, that the people who seem to be asked to do the most or to absorb the hits the most are the people that least can afford it. The military budget is part of this discretionary budget, it's over 50% of the discretionary budget. The United States spends more on national defense than China, Russia, India, Saudi Arabia, United Kingdom, Germany, France, South Korea, Japan and Ukraine combined. And yet, if this moves forward, we see an increase in defense spending. I mentioned in my opening remarks, I don't know how many of you saw the 60 minutes piece the other day, I mean, we all know, of the cost overruns in the Department of Defense. I mean, the idea that we're spending $10,000 for a $300 oil switch. I mean, it's been there for a long time, and yet, we seem unable to want to grapple with that waste and those cost overruns. I don't know if it's the defense lobbyists or the campaign contributions or whatever it is, but somehow, when it comes to the military budget, you know, not only are we not holding them accountable, but you know, we say we're going to increase it even more, even more, we'll give you more. 2:57:40 Rep. Chip Roy (R-TX): Look, I'm for NEPA reforms 100%. We need them for road projects, transportation, particularly for our energy industry. But my concern here that we've got language that none of us have fully reviewed, going through the committees of jurisdiction that has been adopted, that I've got colleagues texting me and saying they're not 100% sure if that language is good or bad for the purpose intended. I've got colleagues on both sides of the aisle that have raised those questions. And so the purpose intended, of course, is to streamline projects, whatever those projects may be. But I've got a text right here from GOP colleagues saying, Well, I'm not so sure that these will actually do what we think they will do, to streamline said projects. And in fact, a former high up in the administration, in the Energy Department under the Trump administration, just validated that concern by one of my colleagues. Yet we are putting forward this measures saying some grand improvement with respect to NEPA, that that's somehow something we should be applauding when it's not the full package of H.R. 1, which had gone through committee. And importantly, the one thing that I think is 100% clear, is that this bill fails to include even the most basic reform to President Biden's unreliable energy subsidies that were put forward in the so called inflation Reduction Act for the wealthy, elites, corporations, and the Chinese Communist Party just to be blunt. And frankly, it ensures that permitting reform will likely benefit renewables the most. Basically, if you're a government that is subsidizing the crap out of something, in this case, unreliable energy, giving massive subsidies to billion dollar corporations, giving significant subsidies to families that make over 100,000, 300,000 for EVs, because you're chasing your your dreams of, you know, a fossil fuel-less world. You're going to absolutely decimate our grid because you're not going to have the projects being developed for the gas and the coal nuclear that are actually required to keep your grid functioning. But yeah, that's what we're doing and I just for the life of me can't understand why we're applauding that. 3:15:50 Rep. Jason Smith (R-MO): So we've been asking for the IRS to give us a plan of how they wanted to spend the additional $80 billion that they had. They finally gave that to Congress about six weeks, eight weeks ago. They broke down how they're spending the $80 billion: $1.4 billion of it was for hiring more agents and what the bill before you does, it eliminates that $1.4 billion for this year. House Session May 25, 2023 Highlighted Transcript House Session, Morning Hour, Parts 1 & 2 May 24, 2023 Highlighted PDF How the Pentagon falls victim to price gouging by military contractors May 21, 2023 60 Minutes The Rich Get Richer, Deficits Get Bigger: How Tax Cuts for the Wealthy and Corporations Drive the National Debt May 17, 2023  Senate Budget Committee Witnesses: Bobby Kogan, Senior Director, Federal Budget Policy, Center for American Progress Bruce Bartlett, Former Deputy Assistant Secretary for Economic Policy, United States Department of Treasury Samantha Jacoby, Senior Tax Legal Analyst, Center on Budget and Policy Priorities Dr. Adam Michel, Director of Tax Policy Studies, Cato Institute Scott Hodge, President Emeritus & Senior Policy Advisor, Tax Foundation Clips 32:25 Bobby Kogan: Today I intend to make two points. First, without the Bush tax cuts, their bipartisan extensions, and the Trump tax cuts, the ratio of debt to GDP would be declining indefinitely. And second, our rising debt ratio is due entirely to these tax cuts and not to spending increases. Throughout this testimony, When I say spending, I mean primary spending, that is spending excluding interest on the federal debt, and every mention of revenues, spending deficits, and debt means those amounts as a percent of GDP. Okay, according to CBO primary deficits are on track to stabilize at roughly 4% over 30 years, high enough to cause the debt to rise indefinitely. The common refrain that you will hear, that I heard when I staffed this committee, and that unfortunately, I expect to hear today, is that rising debt is due to rising spending. Revenues have been roughly flat since the 1960s and while spending was also roughly flat until recently, demographic changes and rising healthcare costs are now pushing the costs up. These facts are true. Our intuitions might reasonably tell us that if revenues are flat, and spending is rising, then the one changing must be to blame. But our intuitions are wrong. In CBO's periodic long term projections earlier this century, spending was projected to continue rising, but despite this CBO routinely projected long term debt stability, It projected revenues to keep up with this rising spending, not due to tax increases, but due to our tax code bringing in more as our country and the people in it prospered. That prosperity results in both higher revenue collection and higher real after tax income for the people whose incomes are growing, it is a win win. In other words, we used to have a tax system that would fully keep pace with rising spending. And then the Bush tax cuts were enacted and expanded, and then on a bipartisan basis eventually made largely permanent in 2013. Under the law dictating CBO and OMB's baseline construction, temporary changes in tax law are assumed to end as scheduled. In practice this meant that CBO is projection showed the Bush tax cuts ending on schedule with the tax code then reverting to prior law. 2012 was therefore the last year in which CBO is projections reflected the Bush tax cuts expiring. Yes, CBO's 2012 long term projections showed rising spending, but it also showed revenues exceeding spending for all 65 years of its extended baseline with indefinite surpluses, CBO showed debt declining indefinitely. But ever since the Bush tax cuts were made permanent CBO has showed revenues lower than spending and has projected debt to rise indefinitely. And since then, the Trump tax cuts further reduced revenues. Without the Bush tax cuts, their bipartisan extensions, and the Trump tax cuts, debt would be declining indefinitely, regardless of your assumptions about the alternative minimum tax. Two points explain this. The first employs a concept called the fiscal gap, which measures how much primary deficit reduction is required to stabilize the debt. The 30 year fiscal gap is currently 2.4% of GDP, which means that on average primary deficits over 30 years would need to be 2.4% of GDP lower for the debt in 2053 to be equal to what it is now. The size of the Bush tax cuts their extensions and the Trump tax cuts under current law over the next 30 years is 3.8% of GDP. Therefore, mathematically and unequivocally without these tax cuts, debt would be declining as a percent of GDP, not rising. 41:45 Bruce Bartlett: The reason I changed my mind about taxes and decided that we needed tax increases happened on a specific day that I'm sure Senator Grassley remembers, if nobody else. And that was the day in November of 2003, when the Medicare Part D legislation passed, and I was just, you know, at the time, I thought the reason Republicans, and I was a Republican in those days, were put on this earth was to control entitlement programs. And I was appalled that an entirely new entitlement program was created that was completely unfunded. It raised the deficit forever by about 1% of GDP. And I thought a dedicated tax should have been enacted, along with that program, which I didn't oppose and don't oppose. In fact, I benefit from it at my age. But I just think that we need proper funding. And that was when I first started saying we needed to raise taxes, because we just can't cut discretionary spending enough to fix the problem. And I think this is the error of the House budget, which cuts almost entirely domestic discretionary spending, doesn't even touch defense, and I just think that's extraordinarily unrealistic and an unserious approach to our deficit problem. We simply have to do something about entitlements. If you're going to control spending, control the budget on the spending side, I don't think we're going to do that. I think we need a new tax. I have advocated a value added tax for many years, as a supplement to our existing tax system. It creates, you can raise a lot of revenue from it every virtually every industrialized country has one. The money could be used to fix things in the tax code, as a tax reform measure. Once upon a time in the 70s, and even the 80s, it was considered the sine qua non of Republican tax policy, because it's a consumption based tax system, a flat tax, and now many Republicans are in favor of something called the Fair Tax which is very similar except that it won't work. Administratively it's poorly designed. The Value Added Tax will work and that's why it should be a better approach to these problems. 49:15 Samantha Jacoby: Wealthy people who get their income from investments accumulate large gains as those assets go up in value over time, but they won't owe income tax unless they sell their assets. And if they never sell, no one will ever pay income tax on those gains. That's arguably the biggest flaw in the tax code. Policymakers should consider a tax like President Biden's budget proposal to enact a minimum tax on very wealthy households. This would treat unrealized capital gains, which is the primary source of income for many wealthy households, as taxable income instead of letting income accrue tax free across generations. 54:15 Dr. Adam Michel: Keeping government small is the best way to ensure that the American people can continue to prosper. 58:45 Scott Hodge: There are many elements of the tax code that benefit the wealthy and big corporations, I absolutely agree, and the inflation Reduction Act is the most recent example of corporate welfare in the tax code. 1:01:00 Samantha Jacoby: So the the 2017 law, it dramatically changed the way that foreign profits are taxed of multinationals. And so what happens now is large corporations who have big, big foreign profit centers, lots of foreign profits overseas, they pay a lower tax rate on those foreign profits than they do on their domestic profits or purely domestic businesses pay. 1:02:55 Bruce Bartlett: And one of the things I tried to do in my prepared testimony is look at what has actually happened in the seven years since then. And very few studies, I know, some of the tests, the footnotes and my colleagues testimony or to our projections based on studies were done in 2017, 2018. I tried to find things that were written more recently, perhaps, or preferably, I should say, in the academic literature, which I think is more substantive and more dependable. And I looked at peer reviewed journals, and the data that I could find showed no macroeconomic impact whatsoever. It didn't raise growth, it didn't lower growth. And I think I concluded in that -- Sen. Sheldon Whitehouse (D-RI): It did shift wealth, correct? Bruce Bartlett: Excuse me? Sen. Sheldon Whitehouse (D-RI): It did shift wealth. Bruce Bartlett: Oh, absolutely. No question about that. But I'm more interested in the macroeconomic effect on investment and growth and employment. And I would just close by saying that if a tax cut had no positive impact, then it can't have any negative impact if you get rid of it. Now, you may not want to for other reasons.... 1:05:25 Bobby Kogan: Right. So our demographic changes and rising healthcare costs are the reason that spending is increasing. If you break spending into two categories, Medicare, Medicaid, Social Security, everything else, including the everything else entitlements, the everything else is shrinking as a percent of GDP and it's the Medicare, Medicaid and Social Security that are growing. And they are growing not because they are getting more, they're doing more, it's not because we're giving more and more to seniors, and to extremely poor people, but because it costs more to do the same. And that is the rising that is the demographics is changing the ratio of non workers to workers and there's also the rising health care costs. And so what this means is that if you want to spend less, you are necessarily saying that future seniors should be getting less of a benefit than they're currently getting. That's the only way to do it. Since that's the portion of the budget that's growing, if you want to cut that, you have to say that the current amount that we're doing for Social Security recipients, the current amount that we're doing for seniors, the current amount that we're doing for people on Medicaid is too much, and future people should be having less. That's the only way to do it. And, you know, the very nice thing that I had though, ii my testimony, we used to have a tax system that despite that rising, we keep up with that, and now we don't. 1:15:50 Bruce Bartlett: Well, first of all, I think in terms of tax shelters and tax evasion and extreme levels of tax avoidance, the problem isn't so much with the law as with the enforcement. And as you know, it's been the policy of Republicans to slash the budget of the IRS in real terms, for many years, which is a way of giving, privatizing tax avoidance to rich people and the rich individuals have the greatest power and ability to evade taxation. And I think it was really wonderful that the Congress increased the IRS budget, and I think it's just the height of absurdity that one of the major elements of the House Republican proposal is to slash the IRS budget again, even though the CBO has said this is a revenue losing proposition. 2:06:40 Bruce Bartlett: I think there's absolutely no question that the debt limit is unconstitutional, and not just under the 14th Amendment, section four, but under the general powers of the President. I mean, one of the things that I will point out is that the debt limit is a very serious national security issue. A huge percentage of the national debt that is owned by foreigners is owned by foreign central banks. They are not going to be happy if their assets are suddenly worth a great deal less than they thought they were. I think the President has full power within his inherent authority to simply declare the debt limit null and void. And I would point out that it's not a simple question of whether you just break the debt limit. I think a lot of people, even on this committee, forget the impoundment part of the Budget Act of 1974, which says the President must spend the money that is appropriated by law, he doesn't have the choice not to, which is what some Republicans seem to think that he can do. And he lacks that power. So I would agree that the President has that power. I wish he would use it. I wish it as sincerely as anything I believe in life. Thank you. Senate Session May 16, 2023 Highlighted PDF House Session May 16, 2023 Highlighted PDF Senate Session May 15, 2023 Highlighted PDF House Session May 10, 2023 Highlighted PDF Senate Session, Parts 1 & 2 May 19, 2023 Highlighted PDF Senate Session May 9, 2023 Highlighted PDF Senate Session May 4, 2023 Highlighted PDF Senate Session, Parts 1 & 2 May 2, 2023 Highlighted PDF Music Tired of Being Lied To by David Ippolito (found on Music Alley by mevio) Editing Pro Podcast Solutions Production Assistance Clare Kuntz Balcer

Making the switch from cash to accrual accounting is like being called up to the majors – it's a big deal. To help you with that transition, Embarkers Adam Olsen, Zac Smith, and Mack Martinez take a deep dive into the process in this episode of Accounting Matters. So dig in, because some prime-grade insights and best practices are heading your way.For more information on accrual accounting and related topics:Cash to Accrual: How to Convert to GAAP AccountingNavigating ASC 606 Revenue Recognition: A Comprehensive Guide for CFOsConnect with Embark on: LinkedIn Instagram Twitter Facebook YouTube Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify.

The guest on today's episode is Darby Brennan. He is a highly experienced C-Suite Influencer and IT Transformation Program Manager who specializes in finance and process transformation to help organizations achieve high growth and scale. He has a track record of leading successful ERP initiatives and Financial Transformation initiatives through crisis, ambiguity, and cross-functional teams in both hierarchical and matrix environments. He has also delivered game-changing capabilities to his previous companies such as Pacific Gas & Electric Company and Kaiser Permanente. Darby has helped start-ups make financial processes and software implementations to build the foundation for future scale. Currently, he is the Vice President of Finance and Enterprise Technologies at Branded, and e-commerce aggregator start-up, where he has led the implementation of their ERP platform while onboarding acquisitions and building a technology operations framework to support Branded's growth and future scale. In today's episode, he discusses managing and pushing growth by numbers.Takeaways:Financial maturity is crucial when you want to grow your business and bring in investors or borrow money. This is important because even if you approach a family member for investment, they will expect you to have financial maturity. Accrual basis accounting is preferred over cash basis accounting because it provides a more accurate financial picture by accounting for all transactions that occur during a given period. On the other hand, cash basis accounting only accounts for income or expenses for the current day. It is important to ensure that financial statements accurately reflect what happened during a given period, even if adjustments are necessary. The seller needs to understand the average GMV and net per transaction to make informed decisions. The biggest challenge of selling online is demand planning. If you run out of inventory, you're dead in the water. Calculating accurately how much to carry in stock is the hardest part of the operation. Amazon sellers need to focus not just on driving sales, but also on profitability and cash flow to ensure the long-term success of their businesses. If you don't know how to plan for your inventory, you will do one of two things - buy too much or too little. If you buy too little, you're losing sales, and if you buy too much, you're going to strangle the company with the cash resources because it's going to be time to pay for it before you've sold the whole thing.Quote of the Show:What does financial literacy look like as a seller? You can read a financial statement, you can look at the numbers and read the story the numbers are telling you. Percentages are the language that the story is most often told, percentages turn into KPIs and we can then start to have fun with those numbers. Links:Personal - LinkedIn: https://www.linkedin.com/in/darbybrennan/ Branded – Linkedin: https://www.linkedin.com/company/joinbranded/ Branded – Website: https://joinbranded.com/Ways to tune in:Apple PodcastSpotifyYouTubeAmazon Legends is sponsored by Argometrix, the authority on, and a leading supplier of, competitive intelligence for online retail. To learn more, head over to https://argometrix.com/

This podcast presented by Dr. Michelle Petri, Professor of Medicine at the Hopkins Lupus Center, describes how estimated glomerular filtration rate slope may be a valid surrogate endpoint for monitoring renal damage accrual in lupus nephritis. 1 1. Levey AS et al. Am J Kidney Dis. 2020;75(1):84–104.

Are you frustrated with your accountant's work or don't understand what they're doing? Worry no more! Today's podcast episode is here to help you find an incredible accountant who can take your business to new heights! Our hosts, Adam Spencer and Brian Santos break down the differences between accrual and cash accounting and give an eye-opening example of how poor communication with your accountant can harm your cash flow.  They emphasize the importance of establishing a strong relationship with your accountant and keeping an open line of communication to avoid the unexpected. If you're uncertain about your accountant's abilities or are just starting and need guidance, our tradie hosts provide excellent advice on finding the right accountant for your business.  They even suggest specific questions to ensure your accountant has your best interests at heart! Remember, as a business owner, having confidence in your numbers is vital; having a fantastic accountant by your side can make all the difference.  So, if you want expert advice on managing your finances and finding the perfect accountant for your business, don't miss out on this episode! Trust us; it's worth a listen!   Discussion Points: 00:00 Welcome to Tradie Business School Podcast 04:52 Difference Between Cash-based Accounting and Accrual-based Accounting 07:29 Symptoms of Not Having a Good Relationship With Your Accountant 09:34 Treating Your Accountant as Part of Your Extended Team 11:38 The Significance of Following Up With Your Accountant 14:32 Why Accountants Should Start Thinking Outside of the Box 16:39 Examples of Questions to Ask Your Accountant 18:48 How to Know When It's Time to Change Your Accountant   Resources: Chat us at ​​hello@tradiebusinessschool.com Visit the Tradie Business School website (https://tradiebusinessschool.com/) Join us on our FREE Facebook Group (https://www.facebook.com/groups/gamechangingtradies)  You can also connect with us on https://au.linkedin.com/company/the-game-changers. For more podcast episodes, visit our website at https://tradiebusinessschool.com/.  Subscribe to The Tradie Business School on  Apple Podcast: https://podcasts.apple.com/ph/podcast/tradie-business-school-podcast/id1544187908 Spotify: https://open.spotify.com/show/0k08gdcQypSXHcoYFpJ58A?si=qNZk1ul9QG-uI4PQ6ivcog  Thank you for tuning in!See omnystudio.com/listener for privacy information.

In this episode, Ken Kaufman tests ChatGPT to see if it understands the difference between cash basis and accrual accounting. He takes it one step further to see if it can explain the steps a dental practice should take to convert from cash basis to accrual accounting. Take a listen to hear the surprising results! Don't miss the DEO Growth Summit 2023, June 8-10 in San Diego. Register here: http://deosummit.com/

Tax disputes with the IRS can last a very long time, even under normal circumstances. The duration of these battles increased because of the Coronavirus. These holdups cause taxpayers ongoing anxiety and uncertainty. They also hurt taxpayers financially, as interest charged by the IRS continues to accumulate while the fighting ensues. Taxpayers aware of this economic reality often seek potential solutions, among them making a “deposit” with the IRS to halt interest. The rules associated with doing so are complex, of course, and they prevent some taxpayers from achieving their goals. This article analyzes key issues related to making “deposits” with the IRS, using a recent Tax Court case, Ahmed v. Commissioner, as a point of reference.

Jeremy Doetch, Ag Lender with German American State Bank in Illinois, visits with Chris on the financial fundamentals necessary for navigating 2023 and beyond. The conversation begins with a brief discussion on the importance of having a current succession and transition plan, that's updated regularly. The balance of the conversation revolves around many specific financial considerations as you communicate with your lender, build your financial documentation, and utilize this information for the most accurate and dependable decision making. Jeremy points out what he views as some of the most important data to provide your lender during loan renewals and for accurate analysis of your financial condition.  1. Accrual adjusted market value balance sheet.  2. Detailed income statement.  3. Detailed cash flow from prior year and projections for the upcoming year.  4. Operating plan that includes crop rotations and detailed production planning.  5. Operating plan that includes specific marketing strategies.  6.Capital plan which includes purchases, replacements, and sales.  They go on to discuss need for additional financial analysis depending on the growth strategy, size of operation, repayment capacity, working, capital, and the ability to manage and navigate risk. Finally, they discuss numerous ratios, but list three of the most important.  1. Debt service coverage ratio.  2. Working capital ratio.  3. Debt to asset ratio.

Within each and every one of us is a spark of genius. All that is needed to fan that tiny flame into an inferno of action is a strong affirmative desire.   To begin to think like a millionaire you need to identify what is it that make you tick. That pushes you towards your definite chief aim. Here I share the first lesson from Howard E Hill's How to Think Like a Millionaire and Get Rich on the law of accrual. Hill describes how to outpicture your dreams and create big realities from tiny seeds. This carries lots of powerful lesson to add to our ongoing understanding of the laws of prosperity and creation. Buy My Art - Unique Sigil Magic and Energy Activation Through Flow Art and Voyages Through Space and Imagination. https://www.newearth.art/ BUY MY BOOK! https://www.amazon.com/Reality-Revolution-Mind-Blowing-Movement-Hack/dp/154450618X/Listen to my book on audible https://www.audible.com/pd/The-Reality-Revolution-Audiobook/B087LV1R5V The New Earth Activation trainings - Immerse yourself in 12 hours of content focused on the new earth with channeling, meditations, advanced training and access to the new earth https://realityrevolutioncon.com/newearth Alternate Universe Reality Activation  get full access to new meditations, new lectures, recordings from the reality con and the 90 day AURA meditation schedulehttps://realityrevolutionlive.com/aura45338118 Join our Facebook group The Reality Revolution https://www.facebook.com/groups/523814491927119 For all episodes of the Reality Revolution – https://www.therealityrevolution.com Follow Us on Reddit https://www.reddit.com/r/TheRealityRevolution/ Follow me on Instagram https://www.instagram.com/the_reality_revolution/ Follow me on Twitter https://twitter.com/mediaprime Follow me on MeWe https://mewe.com/i/brianscott71 Music by Mettaverse 

Sea 2 Ep 44 Martin Heubel - “Amazon Vendor Central Win/Win Negotiations!”  11/3/2022   Ecommerce Simplified and fun talks Amazon Vendor Central negotiations. Martin Heubel joins us as the expert, not to mention former Amazon Vendor Manager and Category Leader, to explain how to win the negotiations with Amazon 1P. What do these key terms mean? Damage Allowance, Accrual and what is a reasonable freight percentage? How to use data against them and just say NO. We play “What's That Keyword?” game with Martin and also have the NEWS with Hayley Brucker. Join Scott Ohsman, Summer Jubelirer and Hayley Brucker to give you Juicy Nuggets you can use right away.  Always Off Brand is Ecommerce Simplified! Warning, you will learn and be entertained at the same time.    QUICKFIRE Info:   Website: https://www.quickfirenow.com/ Email the Show: info@quickfirenow.com  Talk to us on Social: Facebook: https://www.facebook.com/quickfireproductions Instagram: https://www.instagram.com/quickfire__/ TikTok: https://www.tiktok.com/@quickfiremarketing LinkedIn : https://www.linkedin.com/company/quickfire-productions-llc/about/   Guests: Martin Heubel    Website: https://consulterce.com/ LinkedIn: https://www.linkedin.com/in/martinheubel/ HOSTS: Summer Jubelirer has been in digital commerce and marketing for over 15 years. After spending many years working for digital and ecommerce agencies working with multi-million dollar brands and running teams of Account Managers, she is now the Amazon Manager at OLLY PBC.   LinkedIn https://www.linkedin.com/in/summerjubelirer/   Scott Ohsman has been working with brands for over 27 years in retail, online and has launched over 200 brands on Amazon. Owning his own sales and marketing agency in the Pacific NW, is now VP of Digital Commerce for Quickfire LLC. Scott has been a featured speaker at national trade shows and has developed distribution strategies for many top brands. LinkedIn https://www.linkedin.com/in/scott-ohsman-861196a6/   Hayley Brucker has been working in retail and with Amazon for years. She is currently a Marketing Coordinator at Channel Key LLC. Hayley has extensive experience in digital advertising, both seller and vendor central on Amazon. Hayley is based out of North Carolina and has worked in multiple product categories and has also worked on the brand side and started with Nordstrom on the retail floor.  LinkedIn -https://www.linkedin.com/in/hayley-brucker-1945bb229/   Huge thanks to Cytrus our show theme music “Office Party” available wherever you get your music. Check them out here: Facebook https://www.facebook.com/cytrusmusic Instagram https://www.instagram.com/cytrusmusic/ Twitter https://twitter.com/cytrusmusic SPOTIFY: https://open.spotify.com/artist/6VrNLN6Thj1iUMsiL4Yt5q?si=MeRsjqYfQiafl0f021kHwg APPLE MUSIC https://music.apple.com/us/artist/cytrus/1462321449   “Always Off Brand” is part of the Quickfire Podcast Network and produced by Quickfire LLC.

There has been a lot of talk recently about the ”need” to implement accrual accounting instead of cash accounting if you are, or plan to be, seeking investment for your Good Food Business.     In this episode, Sarah is joined by Danielle Hayden, Founder and CEO of Kickstart Accounting - an accounting firm designed to help female entrepreneurs understand their financials in order to grow their businesses and become more profitable.   Sarah and Danielle are breaking down cash and accrual accounting, and why the method you choose matters to your business. You'll hear: The differences between cash and accrual accounting  How the accounting method you choose ties to your taxes What systems and people you must have in place if you want to implement Accrual accounting successfully How to think about choosing an accounting method for your business, whether you're seeking investment or not And a lot more!   Choosing the right accounting method for your business will look different for everyone. Every business is unique, and your accounting method should be serving your specific needs and goals. Getting clear on the differences is the best place to start.   Connect with Danielle: Website: Kickstartaccountinginc.com Podcast: Entrepreneur Money Stories   Got a question or an idea for the show?  Email us at: JoinTheConvo@TheGoodFoodCFO.com   Follow along on Instagram: @sarah.delevan.consulting Join us in the Profitable Food Business Community

Last week stocks rallied quickly but dropped just as fast as markets continue to hope for a more dovish Fed, but will this 2-way risk continue as evidence for a drop in earnings continues to accumulate?----- Transcript -----Welcome to Thoughts on the Market. I'm Mike Wilson, Chief Investment Officer and Chief U.S. Equity Strategist for Morgan Stanley. Along with my colleagues, bringing you a variety of perspectives, I'll be talking about the latest trends in the financial marketplace. It's Monday, October 10th, at 1:30 p.m. in New York. So let's get after it. Last week started with one of the biggest 2 day rallies in history, only to give most of it back by Friday's close. The culprit for this higher 2-way volatility is a combination of deteriorating fundamentals with oversold technicals. As noted last week, September was one of the worst months in what's been a difficult year, and the equity market was primed for a rally, especially with the S&P 500 closing right at its 200 week moving average on the prior Friday. Low quality stocks led the rally as further evidence the rebound was just bear market action rather than the beginning of a new bull. There is also still lingering hope for a Fed pivot, but the economic data that matters the most for such a pivot, jobs and inflation, continue to dash any hopes for a more dovish Fed. The sellout of momentum and retail, to some degree, does keep 2-way risk alive in the short term as it gets quiet for the next few weeks on the earnings front. Over the past month, there has been evidence that our call for lower earnings next year is coming to fruition. Large, important companies across a wide swath of industries have either reported or preannounced earnings and guided significantly lower for the fourth quarter. Some of these misses were as much as 30%, which is exactly what's needed for next year's estimates to finally take the step function lower, we think is necessary for the bear market to be over. The question is, will enough of this happen during third quarter earnings season, or will we need to wait for fourth quarter reporting in January and February when companies tend to formally guide for the next year? We think the evidence is already there and should be strong enough for this quarter for bottoms up consensus estimates have finally come down to reality, but we just don't know for sure. Therefore, over the next two weeks, stocks could continue to exhibit 2-way risk and defend that 200 week moving average at around 3600. One interesting development that supports our less optimistic view on 2023 earnings is in the dividend futures market. More specifically, we've noticed that dividend futures have traded materially lower, even as forward earnings per share forecasts have remained sticky to the upside. One reason this might be happening now is that cash flows are weakening. This is tied to the lower quality earnings per share we predicted earlier this year as companies struggled with the timing and costs versus revenues as the economy fully reopened. Things like inventory, labor costs and other latent expenses are wreaking havoc on cash flow. Accrual accounting earnings per share will likely follow 6 to 12 months later. In short, it's just another sign that our materially lower than consensus earnings per share forecasts next year are likely to be correct. If anything, we are now leaning more toward our bear case on S&P 500 earnings per share for next year, which is $190. The consensus is at $238. Bottom line, the valuation compression in equity markets this year is due to interest rates rising rather than concern about growth. This is evidenced by the very low equity risk premium, currently 260 basis points, that we still observe. The bear market will not be over until either earnings per share forecasts are more in line with our view, or the valuation better reflects the risk via the equity risk premium channel. Bear markets are about price and time, price takes your money, time takes your patience. Let the market wear everybody else out. When nobody is calling for the bottom, you will then know it's finally time to step in. Thanks for listening. If you enjoy Thoughts on the Market, please take a moment to rate and review us on the Apple Podcast app. It helps more people to find the show.

Your business could be in trouble and you wouldn't even know it. In this clip, I talk about how to scale your business, and how accrual accounting can keep you from going bankrupt. This episode was extracted from Brandon's YouTube Channel. Click here to subscribe: https://bit.ly/3QmOBbN   Or, click here to view the original video: https://www.youtube.com/watch?v=R7Ulsb1gZNE Support the show: http://cardoneventures.com   See https://omnystudio.com/policies/listener for privacy information.Support the show: http://cardoneventures.comSee omnystudio.com/listener for privacy information.

Sea 2 Ep 36 Nathan Hirsch - “Virtual Assistants & Ecommerce Accounting Done Right!”   9/8/2022 Having virtual teams is now more common than ever. Well, hear from one of the pioneers of hiring great people in the Philippines and all over the world the right way! Nathan Hirsch, co-founder of FreeUp which was acquired by HOTH. So now he is solving every ecommerce entrepreneurs' struggle with Accounting! Nathan now the owner and CEO of EcomBalance! He teaches us Accrual vs Cash and lots of other great ways to streamline bookkeeping, connecting your finance data with Amazon and all the accounting needs. An extraordinary entrepreneur, Hirsch shares his biggest lessons learned on growing a company from zero to a sale. We play “What's That Keyword?” Join Scott Ohsman, Summer Jubelirer and Hayley Brucker for years of knowledge and some juicy nuggets. Ecommerce Simplified! Warning, you will learn and be entertained at the same time.    Mention this podcast and get 2 free months of service from https://ecombalance.com/ Brought to you by: Athletic Greens. Activate your great deal by going to: https://athleticgreens.com/partner/d35ctoffer-nutrition/en?utm_source=podcast&utm_medium=influencer&utm_campaign=emerging_d35ct__a3878__o27&utm_term=cac__a3878__o27&utm_content=sport__a3878__o27   QUICKFIRE Info:   Website: https://www.quickfirenow.com/ Email the Show: info@quickfirenow.com  Talk to us on Social: Facebook: https://www.facebook.com/quickfireproductions Instagram: https://www.instagram.com/quickfire__/ TikTok: https://www.tiktok.com/@quickfiremarketing LinkedIn : https://www.linkedin.com/company/quickfire-productions-llc/about/   Guest: Nathan Hirsch   LinkedIn:https://www.linkedin.com/in/nathanhirsch/ Website: https://ecombalance.com/ HOSTS: Summer Jubelirer has been in digital commerce and marketing for over 15 years. After spending many years working for digital and ecommerce agencies working with multi-million dollar brands and running teams of Account Managers, she is now the Amazon Manager at OLLY PBC.   LinkedIn https://www.linkedin.com/in/summerjubelirer/   Scott Ohsman has been working with brands for over 25 years in retail, online and has launched over 200 brands on Amazon. Owning his own sales and marketing agency in the Pacific NW, is now VP of Digital Commerce for Quickfire LLC. Scott has been a featured speaker at national trade shows and has developed distribution strategies for many top brands. LinkedIn https://www.linkedin.com/in/scott-ohsman-861196a6/   Hayley Brucker has been working in retail and with Amazon for years. She is currently a Marketing Coordinator at Channel Key LLC. Hayley has extensive experience in digital advertising, both seller and vendor central on Amazon. Hayley is based out of North Carolina and has worked in multiple product categories and has also worked on the brand side and started with Nordstrom on the retail floor.  LinkedIn -https://www.linkedin.com/in/hayley-brucker-1945bb229/   Huge thanks to Cytrus our show theme music “Office Party” available wherever you get your music. Check them out here: Facebook https://www.facebook.com/cytrusmusic Instagram https://www.instagram.com/cytrusmusic/ Twitter https://twitter.com/cytrusmusic SPOTIFY: https://open.spotify.com/artist/6VrNLN6Thj1iUMsiL4Yt5q?si=MeRsjqYfQiafl0f021kHwg APPLE MUSIC https://music.apple.com/us/artist/cytrus/1462321449   “Always Off Brand” is part of the Quickfire Podcast Network and produced by Quickfire LLC.

Businesses are upgrading their accounting methods, switching from cash to accrual accounting. This change can be challenging, but there are several reasons to make the switch. Growth Amplifiers spoke with Juliebeth Malone of JB Advisory Group, LLC to discover how to remove the unknown by going from cash to accrual accounting. JB Advisory Group, LLC has helped business owners for over a decade with Malone at the helm. As a QuickBooks Pro Advisor Elite, she leads a team of eight accounting professionals assisting businesses to launch QuickBooks for accurate financials to run their businesses. With the team's help, they can generate wealth for themselves and their business and attain peace of mind and balance. They have a client-first approach, seeking to implement innovative growth strategies for clients and helping them achieve work-life balance.

Accounting High (aka Sons of CPAs Podcast) Season 3 Episode 4 | Recorded February 22, 2022 Guest: Chris Williams, CEO of System Six Hosts: Nikole Mackenzie, CPA & Scott Scarano, EA Sponsor: Karbon - visit karbonhq.com to learn more Today, Scott and Niks are joined by Chris Williams, Owner/CEO of System Six, a 100%-remote outsourced accounting services firm. Before System Six, Chris served as an advisor to and investor in medium-large sized businesses. He's worked for several fast growing companies, and holds a business degree from Stanford. 2 - Chris = Cool (surprise engagements, running the media circuit, hitting the links ...) Shout out to DWYT, Kenji Kuramoto 7 - How Chris's finance background led to acquiring System Six Shoutout to Jeremy Allen 11 - Numbers talk – revenue, and cashflow, and EBITDA, oh my! 15 - Why cloud accounting is so hot right now 17 - The System Six biz model 18 - Opportunity in operations issues 22 - Why it's okay to lose clients 24 - Chris is living his best life and he's wearing 10 different hats! 26 - Learning curves inside System Six 29 - Talking profit share, work/life balance, and staff shuffling 32 - Cash v. Accrual v. Tax – the pain-point discussion Shoutout to Tallyfor, Peter Wen and Michael Ly 37 - Should you switch to Karbon? Shoutout to Karbon 41 - All about cybersecurity – email, system backups, passwords, insurance, etc. Shout out to AWS, QBO, Azure 47 - Client conversions – should you, or shouldn't you? Shoutout to Xero, Gusto, and Google 49 - Tech Tool Talk 51 - Grading clients – the red flags 53 - Chris's parting words of wisdom Don't forget to subscribe and leave us a review! Connect with Chris: LinkedIn: https://www.linkedin.com/in/chris-williams-68057029/ System Six: https://systemsix.com/ --- Send in a voice message: https://anchor.fm/sonsofcpas/message

How to convert from the cash basis to the accrual basis of accounting

Ken Kaufman hosts this episode - part 5 of the 5-part series on everything you need to know to convert from cash to accrual-basis accounting. He's joined by Nathan Chitty, CFO & Business Development Manager, Operation Dental, LLC; Mike Yates, Chief Financial Officer, Spring Dental Group; and Hollie Williams, Chief Financial Officer, Rodeo Dental & Orthodontics. They unpack and dive deep into the change management necessary to make the switch to accrual accounting: getting doctors, practice managers, regional managers, and C-Suite leaders to understand accrual accounting and why it's worthwhile to implement. They overview the most common questions you should be prepared to answer, getting buy-in from your team, how to run the change management, and much much more. To get the most out of this episode, go back and listen to parts 1-4 first!

In today's episode, we'll go through how to keep track of your transactions and which strategy is best for your real estate business. Stay tuned in and be consistent to find out what your profit margin is!     WHAT YOU'LL LEARN FROM THIS EPISODE Exceptions to consider when working with a balance-sheet partner Accrual vs. cash basis accounting Why is it important to understand market rent? Things to remember when assessing deals How do you conduct financial due diligence and why is it valuable?     CONNECT WITH US: If you need help with anything in real estate, please email: invest@rpcinvest.com Reach Ron: RP Capital Leave podcast reviews and topic suggestions: iTunes Subscribe and get additional info: Get Real Estate Success Facebook Group: Cash Flow Property Facebook Community