On August 26, 2016, the FASB issued Accounting Standard Update 2016-15, Statement of Cash Flows (Topic 230). The new guidance is intended to reduce diversity in practice in how certain cash inflows and cash outflows are presented in the statement of cash flows. This update provides guidance on the following eight topics: Debt prepayment or …
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What Should You Keep For Taxes?
Let’s be honest: No one likes hoarding receipts. Download our Record Retention Guide to figure out what you should keep, and what you can toss.Get the Guide