article thumbnail

Friday Footnotes: Looking Elsewhere For Talent; MPs Talk Private Equity Concerns; The Burnout Queen | 8.25.23

Going Concern

The London-based International Accounting Standards Board issued rules specific to government assistance accounting decades ago. Perhaps US businesses should just follow those well-known rules, the Financial Accounting Standards Board has suggested. As it turns out, it’s not as simple as copying and pasting.

article thumbnail

Accounting for Startups

inDinero Accounting

Accountants’ specialized knowledge can support your startup business in many ways. As a result, the first few years may see negative returns, and hence no income tax liability. However, this doesn’t mean you shouldn’t concern yourself with taxes. All of these should be managed and handled by your accountant.

Account 52
article thumbnail

Accounting for Startups

inDinero Accounting

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. Accountants’ specialized knowledge can support your startup business in many ways. However, this doesn’t mean you shouldn’t concern yourself with taxes.

Account 52