Watch this five-part series video regarding the 2018 Accounting Standard Changes.
QUALITATIVE (LIQUIDITY) Disclose information on how the entity manages its liquid resources available to meet cash needs for general expenditures within one year of the date of the statement of financial position.
EFFECTIVE FOR YEARS BEGINNING AFTER DECEMBER 15, 2017.
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Creating and operating a business usually starts with a great idea, capital investment by one or multiple owners, and hard work. While the main focus of an owner should be on day-to-day operations, there are always items that should be in the back of their mind for events down the road.
with Customers (ASC 606) has gone into effect and will be significantly changing some financial statements and the recognition of revenue
Have you recently hired a new employee? Did you know you need to report the new hire with the State of Minnesota?
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