Helping CEOs systematically answer strategic questions | Managing Partner at Webster Pacific | Founder at Pixeum
Do you know the difference between cash and accrual and, if you don’t, how you might lose investors or run out of cash?
Steve Hanon 韩迪文
1mo
You need to have a strong command of both cash and accrual principles, particularly in businesses with deferred revenue, significant inventory, long-term leases with escalations requiring straight-line rent adjustments that can distort current (and future) earnings. Good post, Tom!
Eleanor Bigelow
2mo
Thx - clear explanation!
Gabe Marans
1mo
This comes into play often when dealing with real estate and office spend. Great insightful post
Connor Zanoli
2mo
super helpful video!
Steve Bazant
2mo
Really great post, Tom Paper. Critical to understand to do a good job with bookkeeping!
Off to New Adventures!
2moI’ll always remember when you had me read the accounting lemons book - I still have that on my bookshelf . And so I knew the answer to your question: 100% thanks to you !!! (Turned out to be quite useful)