Remove GAAP Remove Investments Remove Profit and Loss Remove Startups
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SEC Flags Benchmark That Obscured WeWork’s Bottom Line

PYMNTS

The We Company , the parent of WeWork , uses a cash-flow metric called the “contribution margin,” which showed that its core services were profitable, Bloomberg Tax reported on Tuesday (Dec. The contribution margin — also used by Lyft and Peloton — ignores fixed and startup costs, and highlights core service revenue.

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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?

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The 5 Best Financial Reporting Software to Enhance the Productivity of CFO

Spreadym

Xero: Another popular cloud-based accounting software with strong financial reporting features, particularly favored by small businesses and startups. Compliance: Adherence to accounting standards and regulations, such as Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS).