Remove Auditing Remove Profit and Loss Remove Startups Remove Valuation
article thumbnail

OYO May Not See Profits In China, India Until 2022

PYMNTS

India-based OYO has filed a valuation report with India’s ministry of corporate affairs indicating that the company did not expect to turn a profit until 2022, Reuters reported on Monday (Nov. The losses were six times higher in 2019 through March compared to 2018, but its revenue more than quadrupled for the same time period.

article thumbnail

Which IRS Form 990 Should Your Nonprofit File?

The Charity CFO

In fact, as a nonprofit organization, the expectations for transparency and accountability are higher than those for for-profit businesses. It simplifies the filing process for very small and startup nonprofits. . Balance sheet that matches the profit and loss information . Why do nonprofits need to file Form 990?