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GAAP: What It Is and Why Your Investors Expect It

inDinero Accounting

Accrual Accounting is a vital component of Generally Accepted Accounting Principles (GAAP). It is like a complex machine, with many parts that must work together to create an effective system. What are Generally Accepted Accounting Principles (GAAP)?

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Key Accounting Challenges Facing Professional Services Businesses

Basis 365

Service-based businesses, such as marketing agencies or management consultants, face several accounting issues that are unique to their industry. The overall accounting issue revolves around the matching of project-related revenue with the corresponding costs. A system is almost always needed to track your WIP.

Account 52