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Accounting for In-Kind Donations to Nonprofits

The Charity CFO

But accounting for in-kind donations presents its own unique challenges. In this article, we’ll dig into how to account for in-kind donations on your nonprofit’s books. Why accounting for in-kind donations matters. Accounting for in-kind donations isn’t just important; it’s required for many nonprofit organizations. .

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How Do I Forecast with Tax Code 280E?

CFO Share

The difference between cost of goods sold and ordinary business expenses is well defined in Generally Accepted Accounting Principles (GAAP) but routinely ignored by small business bookkeeping services. Proper cannabis accounting must recognize these costs on regular financial statements to comply with 280E tax code.

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Under Armour Defends Reputation Amid Investigations

PYMNTS

1, said that while the report questions the retail apparel company’s integrity, Under Armour is unaffected and deserves more respect. Under Armour CEO Kevin Plank has responded to allegations that he borrowed business from quarters in the future to mask slowing demand for the company’s offerings in 2016, according to a report by CNBC.

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Reporting unearned revenue: what you need to know

Cube Software

This could be retail stores offering layaway plans or a media company offering subscriptions to streaming services. Accruals and prepayment: Unearned revenue explained In accrual accounting, revenue is recognized when it’s earned. What if I use cash basis accounting?

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T-Mobile Sales Practices Under Fire

PYMNTS

Change to Win writes in its report, “T-Mobile’s high-pressure sales culture, coupled with low hourly pay for retail workers, puts employees in an untenable position where they have to choose between doing what is right for customers and meeting the strictly enforced sales metrics needed to safeguard their job and their own financial survival.”.

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

CFO News Room

The Client Relationship Summary (also known as “Form CRS”) is only applicable to SEC-registration applicants that serve retail investors (with the odd exception of advisers seeking state registration in Rhode Island ) and is also a wholly-narrative document to be uploaded to the IARD system in a text-searchable PDF format.