BOI What Gives?
Court of Appeals Reverses its Previous Reversal of the Preliminary Nationwide Injunction on BOI Reporting Cross References• Texas Top Cop Shop, Inc. v. Merrick Garland, Attorney General of the United States, U.S. Courtof Appeals for the 5th Circuit, December 26,…
Read moreBusiness Formation
A day does not go past where a potential or existing client asks, what is an LLC, S Corp, Partnership, C Corp, Sole Proprietorship. So we have attached some handy articles about these types of entities. Remember these are just…
Read moreFASAB clarifies federal accounting rules for debt cancellation
The Federal Accounting Standards Advisory Board (FASAB) has issued a new interpretation that clarifies that federal accounting standards provide that debt cancellation is a nonexchange activity that should be reported by federal entities on the statement of changes in net…
Read moreUSES OF FINANCIAL REPORTS
Financial statements may be used by different stakeholders for a multitude of purposes. Owners and managers require financial statements to make important business decisions affecting its continued operations. Financial analysis is then performed on these statements, providing management with a more…
Read moreACCOUNTING 1 ON 1
Financial statements are prepared according to agreed upon guidelines. In order to understand these guidelines, it helps to understand the objectives of financial reporting. The objectives of financial reporting, as discussed in the Financial Accounting standards Board (FASB) Statement of…
Read morePROPER INVOICE INFO
Financial statements are prepared according to agreed upon guidelines. In order to understand these guidelines, it helps to understand the objectives of financial reporting. The objectives of financial reporting, as discussed in the Financial Accounting standards Board (FASB) Statement of…
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