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Revenue Recognition’s Effect On M&A

YoungUpstarts

There has been a lot of chatter regarding changes in revenue recognition criteria lately, but the effects it will have on the evaluation of companies planning an exit is just beginning to emerge. Specifically, the new standard will follow a five step model for revenue recognition: Identify the contract (the deal that has been reached).

Revenue 124
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4 Reasons Why You Should Have An Accounting Process In Your Business

YoungUpstarts

by Krystal Russell, CPA at LYFE Accounting. Entrepreneurs sometimes get too wrapped up in covering monthly expenses or meeting a specific revenue figure. Depending on your business type, all revenue and expenses passes through to your personal return. Apart of being a successful entrepreneur is wearing many different hats.

CPA 100
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The Startup Guide to Affordable Accountancy

The Startup Magazine

While hiring a CPA may be quite costly for a startup that is yet to establish a footing in the business world, it does have its own benefits. Needless to say, you don’t need to hire a CPA for his or her accounting services on day one. Sometimes, your business may be growing but you don’t have enough resources to hire a CPA.

CPA 69
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6 “Shark Tank” Questions Every Business Owner Should Be Able To Answer

YoungUpstarts

By Richard Weinberger, PhD, CPA, CEO of the Association of Accredited Small Business Consultants and author of “ Propel Your Small Business to Success: Accelerated Actions to Maximize Profit “ If you had to stand before the shark investors in ABC’s “Shark Tank,” would you get stumped by their questions?

CPA 160
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Crucial Things You Need To Know About Your First External Audit For Series B

YoungUpstarts

by Bryce Welker, founder of Crush The CPA Exam. You are sure to be happy when your business reaches a Series B financing round because it usually means your company has a higher valuation. A certified public accountant (CPA) will perform the audit. Revenue Recognition. Accounting for Income Tax. Share-Based Compensation.

CPA 149
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Fortifying Profits: Strategies to Shield Your Business from Embezzlement

Duct Tape Marketing

Key Takeaways: Amidst the challenging landscape of small business finances, Todd Rammler sheds light on the critical issue of embezzlement. Todd Rammler’s expertise promises to redefine your approach to safeguarding your finances as your business grows. John (05:40): So you hit on two things that I want to come back to.

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The Latest Questions Small Businesses Are Asking

Up and Running

Many people who want to start a business believe they will be able to get grants or loans to help them finance the venture. Do I need to hire a Certified Public Accountant (CPA) for my small business? As a licensed professional, a CPA has to adhere to a code of professional ethics. If not, the business idea is not feasible.