Shay CPA

JANUARY 25, 2023

In short, it’s the process of recognizing revenue received from customers at the right time periods for financial statement purposes. Because in order to appropriately scale your business and manage your runway, you need the clearest possible idea of your current and future financial state.

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xendoo

MARCH 16, 2022

A few fundamental documents you should make sure to keep include: Credit card and bank statements. Financial statement from your bookkeeper . Accounting, on the other hand, is a higher-level process. It is the most commonly used accounting method by individuals to balance their books. Canceled checks.

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inDinero Accounting

JANUARY 9, 2023

Accountants’ specialized knowledge can support your startup business in many ways. Because of this, there are deferred revenue components that you have to include in your financial reports to boost your profile with investors or banks. This requires accrual accounting rather than the simple cash-basis.

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inDinero Accounting

JANUARY 9, 2023

If your startup is relying on the person who’s best at numbers for your accounting, you can be setting yourself up for failure like: Misinterpreting cash flows. Becoming a certified public accountant (CPA) takes years of higher education (150 credit hours) and success in an exam as well as continuing education requirements.

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Anders CPA

DECEMBER 7, 2023

In this podcast episode from the Summit Virtual CFO by Anders Modern CPA Success Show , Tom Wadelton and guest co-host John Scott , Virtual CFO and legal industry leader, are joined by Terrell Turner , CEO of the TLTurner Group, to discuss the importance for non-finance professionals to understand financial metrics, specifically law firms.

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