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Thrivetime Show | Business School without the BS

How to Develop Your Accounting Routines - Ask Clay Anything

Thrivetime Show | Business School without the BS

Clay Clark

Business, Entrepreneurship

4.71.5K Ratings

🗓️ 27 July 2019

⏱️ 27 minutes

🧾️ Download transcript

Summary

Are you struggling to stay on top of your finances? Do you feel overwhelmed with the complexities of saving money, paying taxes, paying bills and the challenges of staying out of debt? Learn practical steps for developing accounting routines.

Transcript

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0:00.0

You have questions America's number one business coach has answers.

0:05.0

It's your Broda from Minnesota.

0:07.0

Here's another edition of Ask Clay Anything on the Thrive Time Business Coach Radio Show.

0:13.0

All right, my name's Clay Clark and right across from me that is Paul Hood America's number one CPA and every way Paul Hood. How you doing?

0:28.6

I am amazing Clay. It's a great morning. How are you, my friend?

0:32.0

Well, I'm excited to be talking to you about developing accounting routines.

0:37.0

The importance of developing accounting routines.

0:39.0

But before we do that, rumor has it your son just turned 30 years old?

0:44.4

He did and I'm not sure how that happened because I'm like 38.

0:48.1

He was adopted.

0:49.1

I was young and we adopted him early.

0:51.8

This just in. Bryce Hood, you were adopted.

0:54.4

Okay, but this will be a shocker for Bryce.

0:58.0

Now Paul, in all sincerity, how long have you been a CPA? How many years approximately, do you know the actual number of years that you've been a CPA? How many years approximately? Do you know the actual

1:03.3

number of years that you've been a CPA? Well, let's say 1989 I graduated college and

1:08.8

I passed the CPA exam that year. So whatever that might be almost 30 years so 2018 minus you did 1989 yeah okay

1:16.4

so you're 29 years you've been a CPA yeah that's funny because that means I became a

1:22.2

CPA what at 8 also the year I adopted the old Ocho

1:26.8

That was impressive how you did this just in Paul had became a CPA at the age of 8

1:32.3

All right, so Paul we're talking today about developing your

1:35.0

accounting routines and I have these core ideas I want to get through today and as we go

1:39.9

through these I'm gonna have you break them down so one by one I'm gonna I'm going to have you break them down.

...

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