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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.

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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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What Is Deferred Revenue? Journal Entry and Examples

xendoo

As a business owner, you may have heard the term deferred revenue before. But, what is deferred revenue and what does it mean for your business accounting? . In accounting, deferred revenue can affect your balance sheet and profit and loss statement. . Companies that use cash basis accounting do not have deferred revenue.