"What does that mean? *What that means is that there has to be a consistent method* that we are using to keep track of this stuff...."
"We always count a free-throw made ___as if it goes through the hoop___, right?"
"We identify things that need to be recorded. These will be transactions that need to be recorded such as buying _office supplies__"
"Through a report, through a __summation__" (a summation is a summary, or "summing up" the results)
"So _does that__ flesh that out a little bit for ya?" (he spoke quickly so it sounded like: "So zz'at flesh that out...")
"I don't like it to __just be__ me talking" (again, he spoke too quickly and the words were not clear. This is bad public speaking :) )
"Because we haven't __really done anything yet__ right?"
Hope that helps.