Understanding The Balance Sheet: A Snapshot In Time | Master the Margin

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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" - Its significance in providing a snapshot of a pharmacy's financial health- Common assets you'll find on a pharmacy's balance sheet - The importance of tracking current assetsSchedule an Rx Assessment: www.sykes-cpa.... resources about this topic: Podcast - Independent Pharmacy Accounting Fundamentals: www.sykes-cpa.... - Fundamentals of Pharmacy Accounting: www.sykes-cpa.... - Fundamentals of Pharmacy Accounting: Navigating 2024 and Beyond: www.sykes-cpa....