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Videos mentioned here:
1) Various ways to analyze financial statements
https://youtu.be/2iG_BIlB0Lo?si=ImmVFDr6c34YfHnz
2) How to develop month-end close checklist
https://youtu.be/m_SfIf8PKpg?si=EsQC4O0oQitCh-YR
Chapters:
00:00 Intro
01:04 The Accounting Error
01:21 The Wrong Approach
03:44 The Correct Approach
08:39 Recap
What we cover in this video:
The example we are showing today involves an accounting error in revenue recognition. We will look at how a bad/clueless accountant deals with the situation and then we will see how a good accountant managed the same issue….
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