Remove Accounting Principles Remove GAAP Remove Investments Remove Numbers
article thumbnail

PayPal And The Rewards Of Non-GAAP Accounting

PYMNTS

The headline numbers show revenues were up 18 percent year-over-year, with $3.1 On Wall Street, it seems, you can adjust numbers in a variety of ways to get things to look, well, positive, and “beating the Street” is often a management priority when it comes to publicly-traded companies. billion reported in the second quarter.

GAAP 54
article thumbnail

Do Nonprofits Use Cash or Accrual Accounting?

The Charity CFO

But that’s not quite true—nonprofits face a decision between 2 different accounting methods for tracking their financial activity: cash accounting vs. accrual accounting. Though both systems use the same numbers, looking at those numbers differently can give you a very different perspective on the state of your finances.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Highest Paid CFOs in the World in 2024

The Finance Weekly

In a nutshell, companies are starting to view CFOs as smart investments rather than just expenses. He held the position of Chief Financial Officer (CFO) at CBS Corporation, a major media player, for a good number of years. It's like looking at the gain or loss you make from an investment compared to what you spent.

CFO 97
article thumbnail

Profit and loss – get financial insight

Jedox Finance

It is crucial to avoid having too small a number of customers or sources of income. Making informed decisions about future investments. This information can help inform decisions about future investments, such as expanding the business or changing the current business model. Common problems associated with P&L accounts.

article thumbnail

Set Up a Nonprofit Chart of Accounts (Free Template)

The Charity CFO

If you’re brand new to nonprofit accounting, the Chart of Accounts might be the best place to start. Because even if you only have one bank account, bill, investment, or expense, you’ll need one. What is a Chart of Accounts? How to Organize a Nonprofit Chart of Accounts . Account Description.

article thumbnail

Nonprofit Accounting Basics for Founders, Board Members & Executives

The Charity CFO

The basic accounting principles for nonprofit organizations are the same as accounting for for-profit companies. . So let’s start with the basics, and later we’ll dig into some of the things that make nonprofit accounting unique. . Under cash accounting, you would show the revenue in September and the expenses in October.

article thumbnail

California CPAs Call For Crypto Accounting Clarity

PYMNTS

Reports in The Block Crypto late last week said a group of California CPAs has sent a letter to the Financial Accounting Standards Board, a federal board that sets Generally Accepted Accounting Principles (GAAP), requesting that it consider establishing a task force to address a lack of clarity in cryptocurrency accounting standards.