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What Is Deferred Revenue: Accounting Principles and Tax Treatment

inDinero Accounting

Terms like “deferred revenue” can confuse non-accountants, but the concept is easy enough. Deferred revenue refers to when customers pay upfront for products or services they will receive later while your accountant recognizes that income over time rather than all at once. Why Use Deferred Revenue Reporting Over Cash Accounting?

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An Essential Guide to Accounting and Basic Accounting Principles for Beginners

Snyder

It can be hard to keep up with new opportunities and technologies in our rapidly changing and evolving world, especially in a professional field such as accounting. Why is accounting important? What are basic accounting principles? What is accounting software? Basic accounting and its secrets. Contents: 1.

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How to navigate accounting assumptions

ThomsonReuters

Jump to: What are the main accounting assumptions? Going concern assumption: A closer look How do common accounting assumptions relate to GAAP? Accounting assumptions, along with accounting principles and concepts, provide professionals with the necessary framework for preparing financial statements.

Account 96
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[05/10/21] Non-GAAP Earnings -Wishful Thinking or Real Profits

Baruch Lev

billion, were almost identical to same – quarter a year earlier, but GAAP (generally accepted accounting principles) earnings—a loss per share of 49 cents—tumbled 126% from a year earlier. What drew wide attention was Clorox’s release of an “adjusted (Non-GAAP) earnings” per share number of $1.62, after adding (canceling) the $2.11

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Accountant Vs. Controller: What's the difference?

Basis 365

Structuring your accounting infrastructure can be daunting, no matter how big or successful your company is. Companies often ask about the differences between accountants and controllers. Although the roles are different, they are integral to any accounting team. What is an accountant? What is a Controller?

Account 97
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Benefits of Matching Financial and Non-Financial Data

Withum

Healthcare-related not-for-profits have a myriad of different funding sources that support operations. With all these different funding sources, it is imperative that healthcare-related not-for-profits have a general ledger system that can support both financial reporting and operational efficiency.

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Guide to accountant responsibilities

ThomsonReuters

Jump to: What are the roles and responsibilities for accountants? Accountant vs. CPA vs. tax preparer: What are the differences? GAAP and AICPA What issues should accountants be aware of in the profession? How can accountants be more efficient? Accountant responsibilities extend far beyond number crunching.

Account 59