The Profit and Loss Statement: Does it Matter?

Dental podcast hosted by Dr. Phil Klein: This Viva Podcast will discuss the profit and loss statement. Although the profit and loss statement is the most commonly viewed financial statement, dental practice owners often miss the value of the details by simply looking at the profit number only. Having a working knowledge of the profit and loss statement can impact how a dentist makes management decisions. Our guest is Trent Watrous, a dental specific CPA from Nashville, TN. Trent continues to work with practices in varying levels of success, from startup, to fully operational, or actively struggling to overcome prior financial decisions.