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Accounting for Startups

inDinero Accounting

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.

Account 52
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Accounting for Startups

inDinero Accounting

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.

Account 52