- NY Credits : 3.0
- TX Credits : 3.0
GAAP Reporting for Revenue and Expenses
Upon successful completion of GAAP Reporting for Revenue and Expenses, the user should be able to:
recognize the proper accounting and reporting for involuntary conversions, percentage revenue, shipping and handling costs, reimbursements and gift certificates;
identify GAAP for reporting revenue gross versus net;
determine the appropriate reporting for depreciation and amortization; and
recognize how to report concentrations, fiscal years and personal financial statements in accordance with GAAP.