Investment Banking Insights

Why Collecting Cash Is Different From Earning Revenue

July 22, 2024 Alex Mason Episode 329
Why Collecting Cash Is Different From Earning Revenue
Investment Banking Insights
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Investment Banking Insights
Why Collecting Cash Is Different From Earning Revenue
Jul 22, 2024 Episode 329
Alex Mason

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.

For recruiting help, join the WSO Academy waitlist today!

Contact: investmentbankinginsights@gmail.com

Show Notes

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.

For recruiting help, join the WSO Academy waitlist today!

Contact: investmentbankinginsights@gmail.com