Ep. 83: A Fight to the Death: GAAP vs Tax, Guinness in Accounting?, and Becker for CPA Prep!

<p>Welcome to episode 83! This week, we are getting paid, GAAPing, getting ready for the CPA exam, plus so much more. Your hosts are as always:</p><p>Tyler “Banana Man-a” Otto from <a href="https://www.specializedat.com/"><u>Specialized Accounting</u></a>, focusing on medium to large businesses in the glamorous hospitality, marina, and service industries.</p><p>Jeremy &quot;Clownin Around” Van Groll from <a href="https://www.nonprofitbookkeeping.com/"><u>Nonprofit Bookkeeping</u></a>, a champion for nonprofits with his accounting expertise.</p><p><br></p><p><strong>In Da News</strong>, Tyler is selling himself, well maybe just content, but professional content!!</p><p>In <strong>GAAP Vs Tax, </strong>GAAP has some rules that the IRS doesn’t care about. Tyler quizzes Jeremy on accounting principles: is it GAAP compliant, US tax compliant, or both?</p><p>It’s <strong>App Snack!</strong> We discuss <a href="https://www.becker.com/"><u>Becker</u></a>, a mobile study tool by Becker Professional Education. It helps students prepare for accounting and finance certification exams like the CPA exam.</p><p><br></p><p><strong>Follow Me if You Want to Live!</strong> Does Jeremy know where the final debit and credit land in the financial statements?</p><p><br></p><p>In <strong>Fast Figures</strong>, Tyler is in the hot seat to answer these Guiness-related trivia questions with numerical answers.<br></p><p><strong>Loser of the Week: </strong><a href="https://www.nbcphiladelphia.com/news/local/penn-state-students-accused-of-selling-cocaine-as-part-of-multi-state-drug-ring/4449230/"><u>This Guy</u></a><strong></strong></p><p><strong>Winner of the Week: </strong><a href="https://www.goodnewsnetwork.org/construction-worker-discovers-gold-hoard-after-literally-striking-a-gold-bar-with-his-jackhammer/"><u>Eureka</u></a></p><p><br></p><p>P.S. <a href="https://www.linkedin.com/event/manage/7489032782011072512/"><u>Don’t forget about UFAT</u></a>, our fortnightly trivia series with awesome prizes (thanks, Double!).  <a href="https://www.linkedin.com/event/manage/7489032782011072512/"><u>Click here for more info</u></a>! 12:00 pm MT / 2:00 pm ET</p><p><br></p><p>📣 What if the time-consuming parts of accounting just... handled themselves?</p><p>That&#39;s the idea behind Stack by Ramp: an AI-native platform that lets you deploy agents to do the repetitive work. Reconciliations, journal entries, flux analysis. Your processes, your rules, your clients. You decide where it runs on i