Top 5 Reasons Superior Financial Reporting is Crucial to Cannabis Businesses
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...
Five Secrets to Launching Your Own Cannabis Accounting Firm | CPATrendlines.com
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
CPA Andrew Hunzicker Creates Course in Cannabis Accounting | CPATrendlines.com
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