Our weekly #FinancialDigestive 🍪 is out! 👉 Check out our latest slides for an intro into 𝘁𝗵𝗲 𝗰𝗼𝗻𝗰𝗲𝗽𝘁 𝗼𝗳 𝗿𝗲𝘃𝗲𝗻𝘂𝗲 𝗿𝗲𝗰𝗼𝗴𝗻𝗶𝘁𝗶𝗼𝗻! Keen to get to grips with it all? 🌊 Follow Onda Advisory for our weekly #FinancialDigestives. Next week we’ll talk about, you guessed it, 𝘵𝘩𝘦 𝘤𝘰𝘯𝘤𝘦𝘱𝘵 𝘰𝘧 𝘦𝘹𝘱𝘦𝘯𝘴𝘦 𝘳𝘦𝘤𝘰𝘨𝘯𝘪𝘵𝘪𝘰𝘯. Stay tuned! #StartupFinance #FinancialStrategies #BusinessStrategy #Entrepreneurship #BusinessGrowth #FinancialDigestives #OndaAdvisory
Onda Advisory | Turning financial complexity into strategic clarity for startups and enterprises. #FinancialPlanning #BusinessStrategy #Entrepreneurship #BusinessGrowth #FundingStrategy #FinancialDigestives
“Cash is revenue, right?" Well … it's not that simple … That’s why there's a fundamental principle called 𝗿𝗲𝘃𝗲𝗻𝘂𝗲 𝗿𝗲𝗰𝗼𝗴𝗻𝗶𝘁𝗶𝗼𝗻. The revenue recognition principle is the cornerstone of accurate financial reporting. It dictates not just when and how income is reported, but its reflection on the overall financial health of a business. In this presentation, we’ll unwrap: · The 𝗱𝗲𝗳𝗶𝗻𝗶𝘁𝗶𝗼𝗻 of revenue recognition and its pivotal role in financials · The 𝗳𝗶𝘃𝗲 𝗲𝘀𝘀𝗲𝗻𝘁𝗶𝗮𝗹 𝘀𝘁𝗲𝗽𝘀 to recognize revenue properly · Handling of 𝗹𝗼𝗻𝗴-𝘁𝗲𝗿𝗺 𝗰𝗼𝗻𝘁𝗿𝗮𝗰𝘁𝘀 and their unique considerations · And most importantly, 𝘄𝗵𝘆 𝗶𝘁 𝗺𝗮𝘁𝘁𝗲𝗿𝘀 for your startup. Understanding this principle can be the difference between a true representation of your company's financial progress and a misleading facade. Dive into our slides for a thorough exploration of revenue recognition and discover why it's more than just an accounting standard—it's a strategic tool for growth. Have you encountered situations where revenue recognition impacted your business decisions? Share your experiences or questions below and let's demystify the complexities together! Keen to get to grips with it all? Follow Onda Advisory for our weekly #FinancialDigestives. Next week we’ll talk about, you guessed it, 𝘵𝘩𝘦 𝘤𝘰𝘯𝘤𝘦𝘱𝘵 𝘰𝘧 𝘦𝘹𝘱𝘦𝘯𝘴𝘦 𝘳𝘦𝘤𝘰𝘨𝘯𝘪𝘵𝘪𝘰𝘯. Stay tuned! #StartupFinance #FinancialStrategies #BusinessStrategy #Entrepreneurship #BusinessGrowth #FinancialDigestives #OndaAdvisory
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