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Refresh Your Finances: Spring Clean Your Bookkeeping to Prep for Your Next Fundraiser

Shay CPA

Giving your bookkeeping a spring clean could be the key that unlocks success in your next rounds of fundraising. With that in mind, our team of expert tech startup bookkeepers and accountants put our heads together. GAAP stands for Generally Accepted Accounting Principles. Your bookkeeping is no different.

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Spring Cleaning: How Organizing Your Bookkeeping Now Can Get You Ready for Your Next Fundraise

Shay CPA

In fact, giving your bookkeeping a spring clean could be the key that unlocks success in your next rounds of fundraising. With that in mind, our team of expert tech startup bookkeepers and accountants put our heads together. GAAP stands for Generally Accepted Accounting Principles. Your bookkeeping is no different.

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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). Understanding the principles of GAAP accrual accounting can be challenging and daunting; however, with the right guidance, it can be achieved. What are Generally Accepted Accounting Principles (GAAP)?

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What Needs to Be Included in Your Nonprofit’s Balance Sheet (AKA Statement of Financial Position)

inDinero Accounting

Mission-based organizations in compliance with Generally Accepted Accounting Principles (GAAP) should prepare these financial statements: Statement of Financial Position (Balance Sheet) provides a picture of the NFP’s assets and liabilities. Net Assets post-FASB Accounting Standards Update 2016-14.

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Guide to accountant responsibilities

ThomsonReuters

In general, an accountant’s job description includes common accounting tasks such as: Performing risk analysis evaluations. Recording expenses and preparing financial reports. Ensuring the accuracy of bookkeeping and that the bookkeeping is compliant with state and federal laws. Working with external auditors.

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Staying Ahead of 2024: Essential Accounting Tips for Founders

Shay CPA

So that’s your best option if you want to maintain access to leading-edge accounting tools. Stay up on lease accounting requirements Lease accounting has changed a lot in the last five years. These are just a few suggestions to help set you up for accounting success in 2024. These are all very general, though.