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How to navigate accounting assumptions

ThomsonReuters

Jump to: What are the main accounting assumptions? Going concern assumption: A closer look How do common accounting assumptions relate to GAAP? Staying up to date with GAAP standards Running an efficient and successful business isn’t easy. What are the main accounting assumptions?

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

Shay CPA

This doesn’t just apply to your abode. Employing a spring-cleaning mentality at your startup — especially when it comes to your books — can do a lot to help you thrive in the rest of 2024 and beyond. Giving your bookkeeping a spring clean could be the key that unlocks success in your next rounds of fundraising.

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Preventing misapplication of GAAP standards

ThomsonReuters

Therefore, preparing financial statements that are in compliance with generally accepted accounting principles (GAAP or U.S. Therefore, preparing financial statements that are in compliance with generally accepted accounting principles (GAAP or U.S. What are the GAAP standards?

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

Shay CPA

This doesn’t just apply to your abode. Employing a spring cleaning mentality at your startup — especially when it comes to your books — can do a lot to help you thrive in the rest of 2023 and beyond. In fact, giving your bookkeeping a spring clean could be the key that unlocks success in your next rounds of fundraising.

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Accounts payable vs. accounts receivable: What are the differences?

ThomsonReuters

Accounts payable and accounts receivable are opposite but interconnected procedures. Together, they comprise the very basics of business and can be used to gauge financial health. When accounts payable and accounts receivable are in balance, a business can plan ahead for growth.

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2024 Tech Company Tax Tips

Shay CPA

Does thinking about filing your taxes put some tension on your shoulders? By giving you a heads-up in some key areas, we can make filing your tech company’s 2024 taxes a whole lot easier — and less stressful. He teed up a few tips to help you avoid unwelcome surprises as you navigate your 2024 tech company tax filings.

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Top accounting issues in 2023

ThomsonReuters

The accounting profession has faced a profound shift in recent years: from significant regulatory changes to an influx of innovative technologies, to reimagined business models, to an increase in client expectations. What are the current issues in accounting? but there are several common hurdles that often run industry wide.

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