DOPE CFO was recently featured on AccountingToday.com. Many businesses face challenging hurdles due to the complex IRS tax penalties. DOPE CFO aims to help educate cannabis businesses in the form of instructions, templates and libraries of documents about legal, tax, accounting and cannabis industry-specific issues. 

To read more at AccountingToday.com, click HERE

In an interview with Going Concern, DOPE CFO founders Andrew Hunzicker, CPA, and Naomi Granger, CPA, explain what common cannabis accounting mistakes CEOs make and why the industry presents a huge opportunity for accounting professionals.

 To read more at GoingconCern.com, click HERE

Currently, the cannabis  industry lacks a comprehensive software solution

In today’s cannabis world, there are monthly, quarterly, and yearly reporting requirements at the State and Federal level which include required bank reporting, and investor & lender reporting.   This reporting is complex and requires specific software tailored to the industry, which means general business solutions will not work. Popular accounting systems like Quickbooks and Xero don’t...

One of the single biggest mistakes made by cannabis CEOs is not paying enough attention to compliance. DOPECFO.com's Andrew Hunzicker breaks down the 5 biggest mistakes... and how to use them to land a client. 

To read more at cpatrendlines.com, click HERE

With an influx of new businesses in the cannabis space, it is easy to get caught up in the opportunity that this burgeoning market brings. As marijuana makes it’s transition from a street drug to a medicinal substance used in various treatments, to a state-legal - yet Federally classified Schedule I drug, some investors and CEOs are making the crucial mistake of not treating their investments as businesses.

Here are some common missteps that canna-business startups can avoid,...

Tracking Sales of Marijuana: It’s the Law

Under most States cannabis licensing requirements, thorough financial accounting and record keeping is part of State Law. A number of states have very high penalties for not keeping accurate books and financials. Under IRS codes sections 280E and 471, accrual accounting (as opposed to cash accounting) is required to maximize allowable allocations of certain costs into Cost of Goods Sold (“COGS”) and Inventory. See more information on...

In a recent article by DOPE CFO's Andrew Hunzicker, he shares five secrets to launching a cannabis accounting firm.

"To succeed in an accounting business in the booming cannabis niche, firms must be able to deliver real value to clients."

To learn more at cpatrendlines.com, click HERE

Andrew Hunzicker has created a course to teach other CPAs, accountants and bookkeepers what they need to know to break into the cannabis industry. 

 To read more at cpatrendlines.com, click HERE