Category

Accounting

FASB and the Latest Accounting Standards Proposals
Accounting
August 7, 2019

FASB and the Latest Accounting Standards Proposals

On July 17, 2019 the Financial Accounting Standards Board (FASB) voted to delay several major accounting standards – including credit losses, leases, hedging and long-duration insurance contracts – for private companies, nonprofits and smaller reporting companies.…
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Seven Strategies for Effective AR Collection
Accounting
July 30, 2019

7 Strategies for Effective AR Collection

In 2018, CB Insights released the results of a survey regarding startup failures. Of the 101 failed startups surveyed, 29% named “Ran Out of Cash” as a top reason why their business collapsed. Depleting your…
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An interim report features condensed statements regarding a company’s financial status throughout the year.
Accounting
July 9, 2019

Interim Reporting: Understanding the Who, What and Why

It is critical to have a clear understanding of your business performance at any given point in time. This becomes particularly crucial when making thoughtful and strategic business decisions. Interim reporting supplements annual reporting in…
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