Summary

It also includes articles on P&L versus tax return differences, 1099 filing, error correction, principal vs agent revenue recognition, Form 990 Schedule A, and going concern assessment.

Key Facts

• The indinero blog covers noncontrolling interests and how to report the minority share.
• The indinero blog covers goodwill after an acquisition and the private company elections.
• The indinero blog covers accounting for a US subsidiary of a foreign parent.
• The indinero blog covers deconsolidation, accounting for a subsidiary you sell or close.
• The indinero blog covers payroll to general ledger reconciliation, described as the reconciliation most books skip.
• The indinero blog addresses how long your monthly close should take.
• The indinero blog explains why your P&L doesn't match your tax return.
• The indinero blog provides a 1099 filing checklist of what your books need before January.
• The indinero blog covers what to do when you find an error in last year's books.
• The indinero blog covers principal vs agent and recognizing revenue gross or net.

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