Want to create an interactive transcript for this episode?
Podcast: Pharmacy Podcast Network
Episode: Understanding The Balance Sheet: A Snapshot In Time | Master the Margin
Description: In this episode of Master The Margin, Scotty Sykes, CPA CFP® and Kathy Blanchard, Senior Pharmacy Accountant build on the foundational principles (fundamental accounting) discussed in their inaugural episode by exploring the balance sheet!
Join Scotty Sykes, CPA, CFP®, and Kathy Blanchard, Senior Pharmacy Accountant explore:
- The formula "Assets = Liabilities + Equity"Â
- Its significance in providing a snapshot of a pharmacy's financial health
- Common assets you'll find on a pharmacy's balance sheetÂ
- The importance of tracking current assets
Schedule an Rx Assessment:Â https://www.sykes-cpa.com/rx-assessment-service/Â