Hi guys! So okay I’m planning to do this podcast network about business, finance and accounting. Right now I’m just trying to get as many suggestions as I can about what interests listeners and what needs have yet to be filled in this market niche.
- Basic accounting podcasts. Undergraduates or those doing their MBAs can listen to these podcasts during their dead time or when they can’t handle reading their accounting books anymore. I don’t think you should discuss journal entries that much though. It would be hard to picture the entries and it might get all confusing. Like, imagine two people screaming at each other over which account to debit and which account to credit. That’s crazy. Or maybe boring for some. Me, I like it. Maybe just simple issues like, what is the rationale behind accounts receivable aging? How is it to be used when analyzing the effectivity of a company’s billing and collections process? Something like that.
- Advanced accounting podcasts. Those in their third or fourth year of college would be interested in advanced accounting. Here, maybe, we could discuss real life examples of mergers and consolidations. Like, current business news about a buy-in or a divestment and how that ought to reflect in the books of the companies involved. Take for example, Microsoft’s $100 million investment in Uber. How would that reflect in Uber’s books? How would that reflect in Microsoft’s books? Will it require consolidated financial statements or not? That kind of stuff.
- Finance podcasts. Maybe here we can also delve in real life M&As and current business news but this time we’re going to focus more on the finance aspect of the business transactions. Like how did Microsoft value Uber when it infused the $100Mn? What assets in Uber’s balance sheet got a good appraisal value? Which ones were written off? How did they value intangibles? What is Microsoft’s internal rate of return for Uber? What interest rate did it use to discount the cash flows? How much in revenues were projected for the ten-year horizon they were looking into?
- Accounting Software podcasts. Here we can discuss the basic computerized accounting systems used by businesses – like Quickbooks, Xero or SAP. Cloud accounting and any other new developments in technology that are affecting businesses – like in their remittances and billing systems would also fall under this group of podcasts.
- Business Law podcasts. Corporate lawyers can discuss basic concepts in business law as well as any changes forthcoming. Definitely, there should be real life business scenarios being discussed here. Even current business news wherein a certain principle in business law would apply. There’s bound to be a lot of gray areas here and there’s going to be a lot of room for debate and discussion.
- Career podcasts. This should help a lot of people since everyone wants to find a good job and stay ahead in their field. We can talk about basic things like how to make your resume stand out, how to prepare for an interview, what are the most likely questions to be asked in an interview and how you’re supposed to answer, how to dress sharp, things like that. We can also discuss salaries and what pays the most, where the most job vacancies are and maybe where the most promising areas in business and industry are right now.
- Millionaire secrets. This one can focus on personal finance and maybe we can get to interview famous people, or even just your neighbor with the simple house you didn’t know was a millionaire. Everyone want to know how they can become rich. A lot even want to know just how they can get themselves out of debt. So maybe we can also get some personal finance “gurus” to discuss those things.
- Taxation podcasts. We can get a lawyer to discuss tax laws and the IRS’ implementing rules and regulations. There are changes every year so this proves helpful to a lot of people and businesses especially as they prepare for tax filing season.
- Financial Reporting podcasts. This would focus on the preparation of financial reports for management accounting as well as for filing with the Securities and Exchange Commission. The topics should cater to both small and medium scale enterprises and Fortune 500 companies. We can get one filing of a listed company, for example, and dissect it to show how the relevant portions illustrate the proper way to do your financial reports.
So those are all the ideas I have for now. I need more so if you have any suggestions though, head to LOM, a financial services company I recommend if you are looking to invest…