{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Inside BS Show","title":"Accounting for Family Business Owners: Why You Need Accrual Accounting | 814","html":"","width":"100%","height":180,"duration":1389,"description":"\"If you're doing your KPIs based on cash accounting, you're not seeing the real picture of your business.\" – Harry CendrowskiWhat You’ll Discover Today:Most business owners don’t realize they’re using the wrong accounting method—and it’s costing them. In this episode, Dave Lorenzo and Harry Cendrowski break down the crucial differences between cash accounting and accrual accounting, and why every growing business should understand both.Key Topics Discussed:What cash accounting really means (and why it’s misleading)The role of accrual accounting in accurate financial forecastingWhy banks and buyers insist on accrual-based financialsWhen and how to transition from cash to accrual accountingHow accrual accounting impacts budgeting, tax planning, and business valuationReal-world scenarios where accrual accounting reveals the truth behind the numbersWhat it takes to convert your financials (and how long it actually takes)Links and Resources:Subscribe via Email: GetInsideBS.comListen on Spotify: Inside BS Show on SpotifyListen on Apple Podcasts: Inside BS Show on Apple PodcastsCall Us: (305) 692-5531Contact Harry Cendrowski: (866) 717-1607Call to Action:🎧 If you’re still using cash accounting, this episode is your wake-up call. Watch the video below to see why accrual accounting is essential to serious business growth.","thumbnail_url":"https://img.transistorcdn.com/PiZj2Jvm0A50__OqC5DH07qJG7fmMYBgHzZdsz2P7co/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS83ZDIx/MjEwZDNiZDMwN2Uw/YzJiNjE0ZTNkMmFm/ODZlOC5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}