• The Cannabis Accounting Podcast

  • Von: DOPE CFO
  • Podcast

  • Inhaltsangabe

  • The Cannabis Accounting Podcast discusses the ins and outs of cannabis/cbd/hemp accounting. Topics include 280E, chart of accounts, starting & growing your own firm, overcoming software challenges, and more! Looking to get into cannabis accounting? To learn more visit dopecfo.com.
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  • Ep. 153: Navigating Accounting Discrepancies in Cannabis - Compliance, Prevention, and Resolution
    Sep 9 2024

    Missing cash. Unaccounted expenses. Vanishing inventory. In the Cannabis industry, these aren't just minor bookkeeping errors – they're ticking time bombs that can obliterate your business's compliance, credibility, and bottom line.

    Ignoring or glossing over these issues isn't an option. Cannabis companies operate under intense scrutiny, and the consequences of mishandling discrepancies can be severe. But how do you address these problems compliantly without derailing your operations?

    Join us for this critical podcast: "Navigating Accounting Discrepancies in Cannabis: Compliance, Prevention, and Resolution" with Andrew Hunzicker, CPA and Cannabis accounting expert.

    In this no-holds-barred session, we dive into:

    • The real risks of unresolved accounting discrepancies in the Cannabis industry

    • Step-by-step protocols for addressing missing cash, unaccounted expenses, and inventory gaps

    • Proactive strategies to prevent discrepancies before they occur

    • How to maintain ironclad documentation that satisfies even the strictest regulators

    • Building a culture of accuracy and accountability in your Cannabis operation

    Don't let accounting discrepancies threaten your Cannabis business's future. Arm yourself with the knowledge and strategies to tackle these issues head-on and keep your operation running smoothly and compliantly.

    Tune in and transform your approach to Cannabis accounting accuracy.

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    16 Min.
  • Ep. 152: Providing Capital Raising Services to Cannabis Companies
    Aug 26 2024

    Cannabis companies need capital to grow. As their trusted advisor, are you prepared to help them get it?

    Many accountants struggle to structure, price, and sell capital raising services to Cannabis clients because they've...

    • Never done it.

    • Don't know how to do it.

    • Aren't aware of the crucial role that they play in helping companies proactively stay capitalized enough to fund future endeavors and whether the turbulent storms of the industry.

    But with the right approach, you can become an indispensable partner in your clients' growth journey.


    In this episode, you'll learn:

    • How to package and price capital raising services for Cannabis clients

    • Effective strategies to pitch these services and demonstrate their value

    • Key considerations for Cannabis fundraising that set you apart from generalist accountants

    • Techniques to guide clients through the due diligence process investors demand

    • The importance of maintaining connections with investors and potential providers for your clients.

    Don't let uncertainty hold you back from offering this vital service. Expand your expertise, grow your practice, and become the go-to CFO for ambitious Cannabis companies.

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    18 Min.
  • Ep. 151: Compliant Rock Solid Live Inventory Counts
    Aug 12 2024

    With the Cannabis industry constantly changing, staying on top of the latest compliant inventory practices can feel untenable. Unfortunately, failing to remain compliant can lead to disastrous financial and legal repercussions for your client, your business, and your reputation.

    If you are struggling to navigate inventory compliance, you are not going to want to miss our latest podcast “Compliant Rock Solid Live Inventory Counts." Led by DOPE CFO Founder, Andrew Hunzicker, CPA, learn directly from Andrew as he shares his expert insights and strategies on maintaining accurate inventory compliance.

    During this podcast, you will learn:

    • Internal Revenue Code 471 and how to stay compliant

    • Best practices, tools, and workpapers for successful inventory accounting

    • Compliant inventory count practices and procedures

    • RC 471-2 Lower of Cost or Market considerations along with tools and processes for cost accounting

    • Legal and financial liabilities for mismanaged inventory

    • And so much more…

    Whether you are looking for help understanding inventory compliance or searching for tools to effectively better manage inventory, this podcast will guide you through the intricacies of inventory compliance accounting.

    Don’t let poor inventory accounting practices jeopardize your business!

    Tune in and equip yourself with compliant best practices to drive your business’ growth in the Cannabis industry.

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    16 Min.

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