Cube Software

MAY 11, 2023

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. A pro forma invoice is not a type of pro forma financial statement.

GAAP 40

GAAP Financial Planning and Analysis (FP&A) Profit and Loss Accounting Principles 40

The Charity CFO

APRIL 5, 2022

Furthermore, accrual accounting is required by Generally Accepted Accounting Principles ( GAAP ) because it gives you a more accurate picture of your organization’s fiscal situation and allows for easier side-by-side comparison with financial statements of other organizations. Cash accounting is less complex than accrual accounting.

Nonprofit 98

Nonprofit Accounting GAAP Auditing 98

The CFO College

JUNE 3, 2021

You will gain confidence through having a few more advanced tools in your toolkit to help efficiently cut down on time budgets, while providing more value-add services. Don’t worry, no construction skills are necessary! There are new documents and files that come in on a daily basis (invoices, AP, AR, receipts, etc).

Accounting 52

Accounting CFO Auditing General Ledger 52