{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Committee Room","title":"Ep 24 Reading the Numbers","html":"","width":"100%","height":180,"duration":1115,"description":"Once upon a time, there was a committee that thought their finances were fine and dandy. The Treasurer read the numbers aloud. The surplus was healthy. Everyone nodded. Nobody looked at the Balance Sheet. Nobody noticed that current liabilities had been greater than current assets for three months in a row. The story the numbers were telling was right there — written in plain figures on every report. Nobody knew how to read it.\nIn this Storybook Edition of The Committee Room, Kate H and Kate M take you through the three financial chapters that land on your committee table every month.\nIn this episode:\nCash vs accrual accounting — which edition of the book you're reading (with a mnemonic involving spotty dogs)\nChapter 1: the Balance Sheet — the Foundations of the Kingdom. What the organisation owns, what it owes, and what it's worth on one day\nThe four questions to ask every month — and why Question 3 is the one to underline\nThe Balance Sheet heroes and villains — including the wolf in grandma's nightclothes\nChapter 2: the Profit and Loss — the Chronicle of the Year — and the sneakiest villain of all: the poisoned apple\nChapter 3: the Cash Flow Report — the Royal Coffers — and why a beautiful P&L can still hide a crisis\nWhat a happy ending actually looks like — and why woolly answers are a red flag in their own right\n\nFree Financial Reports Checklist in the show notes.\nFull show notes and free download at thecommitteeroom.com.au","thumbnail_url":"https://img.transistorcdn.com/3KhiTf_Rg9u2Mabpnojtt9QRRB8v_oHBmz7df_bAv4w/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8zNTAy/YTFiMTEyNTI0ZGE0/YzBlNDIyMTkwNjE3/ZGRjYi5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}