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Are Your Compliance Processes Keeping Up with Evolving Audit Requirements?

Bramasol

Discover how SAP solutions lay a solid foundation for audits and next level PCAOB or AICPA compliance reviews. While passing each audit is a critically important milestone, companies also should understand that it is only one aspect of ensuring their financial transparency and integrity.

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Financial Accounting Hierarchy - By JP Puchulu

Boston Startup CFO

Familiarity with Generally Accepted Accounting Principles (GAAP) is essential. If you lack knowledge in accounting principles, you open yourself up to many potential risks, including inaccurate financial statements which can hinder your ability to make informed decisions.

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Pulling Back The Curtain On Corporate Finance Reports

PYMNTS

.” Accounting strategies can not only boost transparency for regulators and visibility for a firm’s own leadership, but regulators say they can also promote security. ” Meanwhile, previous research from Audit Analytics has also revealed that the number of accounting errors among the U.S.’s

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Reporting unearned revenue: what you need to know

Cube Software

Besides the wasted time involved in chasing down and correcting incorrect revenue recognition, it creates issues with meeting the Generally Accepted Accounting Principles (GAAP) standard for financial reporting. Your finance team should review all cash receipts to ensure they are properly allocated to their respective accounts.

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How to create & use pro forma statements

Cube Software

Pro forma financial statements and GAAP It's important to note that, since pro forma statements are based on hypothetical or projected data, they are not compliant with generally accepted accounting principles—GAAP statements must be based on actual financial results. Pro forma statements are also used to secure financing.

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How to Comply with Accounting Standards for Nonprofits

The Charity CFO

Because of their unique structure and operational model, nonprofits must comply with various accounting standards that are, in many ways, different from for-profit organizations. In the United States, these Generally Accepted Accounting Principles (or GAAP) are set by the Financial Accounting Standards Board (FASB).

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How Compliance Rules Vary For State- Vs SEC-Registered RIAs

CFO News Room

In the United States, Registered Investment Advisers (RIAs) are required to register in one of 2 ways: with the Federal government (namely the SEC) or with one (or more) state securities regulatory agencies. The Brochure Supplement – Form ADV Part 2B. The Brochure Supplement is the sister disclosure document to the Brochure.