Cash Vs. Accrual Accounting for Pharmacies

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In this episode, Ollin B. Sykes, CPA, CMA, CITP and Austin Murray break down the key differences between cash and accrual accounting for independent pharmacies. They explain how accrual-based financials provide a clearer picture of pharmacy performance, from third-party receivables and inventory adjustments to balance sheet impacts on profitability.

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More resources about this topic: 

Podcast - Independent Pharmacy Accounting Fundamentals

Podcast - Avoiding Expensive Mistakes