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  • Monthly: GAAP Balance Sheet and Income Statement

    • Share:
    Name: Monthly: GAAP Balance Sheet and Income Statement
    Date: September 10, 2024 - September 9, 2024
    Event Description:
    RIA firms are expected to maintain their accounting records according to Generally Accepted Accounting Principles, or GAAP. This means reconciling the previous month's financials and generating a monthly balance sheet and income statement. The SEC and most state jurisdictions do not specify the date by which this must be done; those that do tend to use the 10th of the following month. The firm's accounting must be done on an accrual basis, not on a cash basis. Many accountants do not realize... For details, click here: https://community.cs2compliance.com/event/monthly-gaap-balance-sheet-and-income-statement-15 https://community.cs2compliance.com/event/monthly-gaap-balance-sheet-and-income-statement-15
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