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FAQs Business Owners Need to Know About The 3 Essential Financial Reports

inDinero Accounting

At inDinero, we believe accounting supports business. If a business owner doesn’t understand an accounting term , we don’t use another accounting term to explain it. We specialize in accountants who speak business to business owners and CEOs. Sometimes there’s just no avoiding accounting speak.

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ARE ALL ACCOUNTING SERVICES THE SAME?

Basis 365

ARE ALL ACCOUNTING SERVICES THE SAME? COMPARING DIFFERENT ACCOUNTING PARTNERS CAN BE LIKE COMPARING APPLES AND ORANGES. ACCOUNTING SERVICES (OR OFFERINGS) ARE NOT ALL THE SAME. BREAKING DOWN THE DIFFERENT ACCOUNTING PARTNERS YOU MAY BE CONSIDERING AND WHICH ONE IS RIGHT FOR YOU. DON’T OVER- OR UNDER-HIRE.

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SEC Slaps CohnReznick and Three Partners with Improper Professional Conduct

Going Concern

previously were charged by the SEC for filing fraudulent financial statements prior to their bankruptcies and Nasdaq delisting. Hilbert with improper professional conduct for violating numerous professional standards in their third quarter 2017 interim review and 2017 annual audit of Sequential’s financial statements.

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Top 5 Accounting Issues to Master to Avoid Snags in SPAC IPOs

ThomsonReuters

Use of Special purpose acquisition (SPAC) vehicles have spiked over the past year because private equity and venture capital firms have excess cash they need to put to work, accounting practitioners said mid-June. To avoid financial reporting woes, accounting teams said the SPAC-IPO marketplace should be mindful of the following: #1.

Account 64
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Free Small Business Expense Tracking Spreadsheet

xendoo

Come tax time, no one wants to sift through old receipts to account for each expense. . With reliable accounting software, you’ll have expense reports. In addition, you can learn how to read and interpret financial statements. . Bank charges – Fees and costs for a business bank account and credit cards.

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In Wake of Coronavirus, Takeovers (And Liabilities) Loom

PYMNTS

In accounting terms, that means eyeing possible write-downs of assets, and “write-ups” of liabilities. The impact is not confined to China. One standout: Operating leases – tied to the real estate that is owned or is integral to a company’s daily activities – could be written down.