The Accounting & Bookkeeping Show
Welcome to The Accounting and Bookkeeping Show, your go-to resource for making sense of the numbers behind every successful business! Whether you’re a small business owner, an aspiring accountant, or just curious about how the financial side of business works, this podcast is for you.
The Accounting & Bookkeeping Show
Mastering the Balance Sheet: A Deep Dive with Nora
Join host Jane as she sits down with Financial Analyst and Investor Nora in this insightful episode of The Accounting & Bookkeeping Show. Together, they break down the Statement of Financial Position, commonly known as the Balance Sheet, and explain its key components: assets, liabilities, and owner’s equity.
Nora shares her expert insights on how these elements interact through the Accounting Equation and discusses how every business transaction impacts a company’s financial health. They also touch on the Statement of Comprehensive Income, exploring how profit or loss is calculated and its effect on equity. This episode is a must-listen for anyone looking to deepen their understanding of financial statements and improve their accounting skills.