Freedman & Grinshpun, PC
Skilled Representation From Philadelphia To Cherry Hill
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December 2018 Archives

Should you use GAAP or non-GAAP reporting?

Part of owning a business is accounting for income and expenses and there is more than one way to do this. For example, you can follow Generally Accepted Accounting Principles (GAAP) or choose a non-GAAP method such as cash basis accounting. The format you choose is going to affect the net income you report to the Internal Revenue Service (IRS) and the numbers you provide to current and potential investors.

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Philadelphia Office
7909 Bustleton Ave
Philadelphia, PA 19152

Phone: 215-268-7116
Phone: 215-708-7390
Fax: 215-708-7391
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Cherry Hill Office
1874 E. Marlton Pike
Suite 5
Cherry Hill, NJ 08003

Phone: 215-268-7116
Phone: 215-708-7390
Fax: 215-708-7391
Map & Directions

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