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The Bottom Line Pharmacy Podcast: Sykes & Company, P.A.
Welcome to the Bottom Line Pharmacy Podcast!
On this show, we bring you valuable insights from pharmacists, key vendors and other innovators to bring you pharmacy CPA advice and fuel your bottom line.
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The Bottom Line Pharmacy Podcast: Sykes & Company, P.A.
SERIES: Master The Margin Episode 2 | The Balance Sheet: A Snapshot In Time
The Balance Sheet: A Snapshot in Time in how your pharmacy is financially from an asset, liability, and equity perspective.
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 assets
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Read and follow along with this episode at the show transcript
Stay connected with us on social media:
Sykes & Company P.A.:
Hosts
Scotty Sykes – CPA, CFP LinkedIn
Scotty Sykes – CPA, CFP Twitter
More resources about this topic:
Podcast – Independent Pharmacy Accounting Fundamentals
Blog – Fundamentals of Pharmacy Accounting
Presentation – Fundamentals of Pharmacy Accounting: Navigating 2024 and Beyond
