You cannot sell a dental practice without clean books. And you definitely shouldn’t buy a practice without having an accountant evaluate its potential profitability. But a good dental CPA has value beyond assisting with the basics of bookkeeping and price assessment. So, what is the full value proposition of an experienced CPA in the context of a dental practice sale? On this episode of our Dental Practice Transitions series, Dental Attorney Matt Odgers serves as guest host and interviews Wes Read on the role of a CPA in the practice transaction. Wes explains how a good dental CPA forecasts the range of profitability for a buyer, and he walks us through the process of financial due diligence in a dental transition. Listen in to understand how a CPA helps buyers make business decisions after closing and develop the mindset of a business owner to grow a financially successful dental practice. Topics Covered An overview of the CPA’s role in a dental transaction How a good dental CPA assesses the profitability of a practice Wes’ approach to forecasting the range of profitability for a buyer How Wes defines financial due diligence in a dental transaction Using a seller’s tax returns to validate data on a P&L How a dental CPA might coach buyers on business decisions What to do as a seller if your books are not in order What a buyer should expect in terms of CPA fees for due diligence PracticeCFO’s relationship with a buying dentist after closing What differentiates the mindset of a clinician vs. business owner Connect with Matt Odgers Odgers Law Group Email [email protected] Connect with Wes Read Practice Orbit Email [email protected] Practice CFO Practice CFO on Instagram Practice CFO on Facebook Practice CFO on YouTube Resources  What You Need to Know About Submitting an LOI on DPS EP003 Must-Have vs. Nice-to-Have: Shaping the Terms of Your LOI on DPS EP004 Practice Sales: The Role of Escrow on DPS EP010 Practice Sales: The Role of an Attorney on DPS EP011 Episode Promo Videos  Video Promo 1 a...