3min chapter

The Accounting Podcast cover image

The ERC Moratorium: What Accountants and Tax Pros Need to Know

The Accounting Podcast

CHAPTER

Accounting for Prior Period Adjustments: Audit vs Tax

This chapter discusses the challenges of accounting for prior period adjustments and the differences between audit and tax in terms of making adjustments to close periods. It also highlights the complexities of pass-through entities and emphasizes the need for accurate capital accounts.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode