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Why Collecting Cash Is Different From Earning Revenue
Manage episode 430267180 series 3477476
I used to think that when a business "made money" it was the same thing as earning revenue, as well as collecting cash. But then I realized I was wrong. Today we cover a basic accounting principle that's important for investment bankers to understand when looking at financial statements.
Contact: investmentbankinginsights@gmail.com
342 bölüm
Manage episode 430267180 series 3477476
I used to think that when a business "made money" it was the same thing as earning revenue, as well as collecting cash. But then I realized I was wrong. Today we cover a basic accounting principle that's important for investment bankers to understand when looking at financial statements.
Contact: investmentbankinginsights@gmail.com
342 bölüm
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