Accounting job interview tips and a practice interview Resume download: HERE

About the Podcast Tax-Aid is a non-profit that provides free income tax preparation services to taxpayers earning less than $53,000. This amazing organization provides a wonderful service to underserved individuals and communities. For the inspiring and professional tax preparer, the organization provides a resource to help others, and as we will learn on the Podcast, […]

How to start making money with bookkeeping and maybe even work from home “I'm trying to re-learn bookkeeping with the idea of working from home. My health now requires me to look for a way to earn a living where I can have a more flexible work schedule” -WPL   The work from home dream […]

I quit my temp job after 4 hours today and hope I learned something in the process. Why Work an Accounting Temp Job? Temp jobs have been instrumental in the early stages of Gillingham CPA as I built my firm one client at a time. They helped pay the rent as I then turned to […]

Cash Flow Ratios Audio Cash Flow Ratios Topics Summary Operating Cash Flow / Sales Ratio Free Cash-Flow / Operating Cash Ratio Cashflow Coverage Ratio   Summary Cash flow is the actual amount of cash generated or lost by an entity during the course of operations. Cash and cash flow are important mainly because it is […]

Debt and Solvency Ratios Audio Debt and Solvency Ratios   Topics Introduction Debt Ratio Debt to Equity Ratio Equity Ratio Capitalization Ratio Cash Flow to Debt   Introduction Solvency is the ability of a company to meet its long-term financial obligations. This ratio group is concerned with identifying absolute and relative levels of debt, financial […]

Liquidity Ratios Audio Liquidity Ratios   Topics Introduction Current Ratio Quick Ratio Cash Ratio Times Interest Earned Ratio   Introduction Liquidity ratios measure company’s ability to meet its short-term obligations (liquidity). Understanding liquidity is important because it shows the degree to which a company can be expected to pay creditors (or suppliers, via accounts payable), […]

Benefits and Limitations Audio Benefits and Limitations   Topics Benefits Limitations Balance Sheet Income Statement Industry Specific   Benefits Financial ratios are designed to provide users of information useful metrics to evaluate business activity and health. The results provide a quick and consistent methodology for digging into somewhat complex data and providing helpful insights to […]

Using Financial Ratio Flashcards Audio Using Financial Ratio Flashcards   Topics Using Financial Ratio Flashcards   Using Financial Ratio Flashcards Financial Ratio Flashcards is an iOS app that covers the most important financial ratios using both flashcards along with written and audio lessons that cover ratio analysis, calculation, and key points. Accounting, finance, general business, […]

“Please let me know if you ever have any suggestions as I begin studying for the CPA” -Big 4 CPA Candidate   CPA Exam Tips Intro The CPA exam is not extremely difficult by itself, but is very demanding in terms of time and planning. Would you fail a test if given all of the […]

Connect with your accounting peers and teachers Accounting is a profession of people, not living calculators. Connect with your serious classmates by working together and assisting each other at every opportunity. Successful career accountants are constantly connecting and giving their knowledge whenever possible. You should be on a first name basis with every instructor along […]

This Podcasts focuses on the Learn Debits & Credits eBook which includes printable worksheets.   Free for subscribers and blog readers HERE On Amazon for $2.99 HERE Free video course to coordinate with eBook HERE I was over debits & credits but realized you need to learn them if you have a test to pass or […]

After 10 revisions, Accounting Cheat Sheet and Kindle Version (paid) is out. Time for a release party! Well not quite yet. If I had a release party for every release, I think I would never get any work done. The Cheat Sheet is seven pages of accounting goodness that you can print and there is also another […]

In this particular episode, you will learn About operating a small CPA firm Getting hired at your local firm John Gillingham: Hi, welcome to the Accounting Play Podcast number 22. Today I have Travis Long, CPA -- owner of a small CPA firm. How's it going Travis?   Travis Long: Great, John, thanks very much for […]

In this particular episode, you will learn Accounting study tips not only to help you learn more, but understand why you are learning it John, CPA, from Accounting Play here to share some tips on how to win at your accounting class. Here is my top 10 List: Listen to this on the Accounting Play Podcast […]

In this particular episode, you will learn About Accounting Careers How To Get a Job This is an hour long interview where Bobby and I go deep into what it takes to get hired in accounting. You will appreciate the brutal honestly behind the mic. My goal is that this interview will provide some insight into […]

In this particular episode, you will learn What "it" is all about Accounting Play and I trying to get paid (My company is trying to make money) Debit assets up, credit them down (Assets increase with a debit and decrease with a credit) San Francisco livin’ - up town (I live in San Francisco in a […]

In this particular episode, you will learn Memorizing something - yup The Debits & Credits Rap is designed to help teach the debits and credits accounting concept in an entertaining way. Accounting Play and I trying to get paid Debit assets up, credit them down San Francisco livin’ - up town Now listen up - to […]

In this particular episode, you will learn Debits and Credits Entries Topics Journal Entries Example Accounting Entries Memorization Contra Accounts Trial Balance Presentation Summary   Journal Entries Each transaction in accounting has a debit and credit side. Yet, the user of accounting software can be unaware of this because the entries are mostly automatic. Journal entries […]

In this particular episode, you will learn The Income Statement, Shareholders’ Equity, Cash Flows, and the Notes to the Financial Statements Podcast transcript: Topics Shareholders’ Equity Cash Flows Notes Statement Relationships Different Names, Similar Concept Statement Analysis Preparing Financial Statements Summary   Shareholders’ Equity The statement of shareholders’ equity, also referred to as the statement of retained […]

In this particular episode, you will learn Accounting Debits and Credits Podcast transcript: Debits and Credits Accounting System The Double Entry System Different Account Types   Increases and Decreases Debits and Credits Accounting System Debits and credits form the foundation of the accounting system. The mechanics of the system must be memorized. Once understood, you will be […]

In this particular episode, you will learn How Debits and Credits Increase and Decrease in Accounting Podcast transcript: Topics Increases and Decreases Debits and Credits by Account Assets Expenses Liabilities Equity Revenue T-Accounts   Increases and Decreases The debit and credit rules used to increase and decrease accounts were established hundreds of years ago and do not correspond […]

In this particular episode, you will learn The Income Statement Podcast transcript: The balance sheet, also referred to as the statement of financial position, reports the financial position of a business at a point in time. Because the information is reported at a point in time, the balance sheet can be compared to a photograph. It is […]

In this particular episode, you will learn The Income Statement Podcast transcript: Income Statement The income statement, also referred to as a profit and loss statement, reports the financial performance of a business over a period of time. Because the information is reported over a period in time, the income statement can be compared to a video. […]

In this particular episode, you will learn About the Balance Sheet and Income Statement Podcast transcript: Topics Introduction Summary of Statements   Introduction Financial statements provide valuable financial and operational information about an entity. Different operating entities can include: businesses, charities, trusts, governments, investment portfolios, and individuals. Financial statements serve several purposes for the users of financial […]