{"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 Cendrowski\n\nWhat You’ll Discover Today:\nMost 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.\nKey Topics Discussed:\nWhat cash accounting really means (and why it’s misleading)\nThe role of accrual accounting in accurate financial forecasting\nWhy banks and buyers insist on accrual-based financials\nWhen and how to transition from cash to accrual accounting\nHow accrual accounting impacts budgeting, tax planning, and business valuation\nReal-world scenarios where accrual accounting reveals the truth behind the numbers\nWhat it takes to convert your financials (and how long it actually takes)\nLinks and Resources:\nSubscribe via Email: GetInsideBS.com\nListen on Spotify: Inside BS Show on Spotify\nListen on Apple Podcasts: Inside BS Show on Apple Podcasts\nCall Us: (305) 692-5531\nContact Harry Cendrowski: (866) 717-1607\nCall to Action:\n🎧 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}