Back Office Accounting Services from CFO Solutions

While changes to the timing and amount of revenue businesses recognize will vary depending on the type of contracts they execute, the need to reconfigure accounting/ ERP systems will be broad-based. As a primer to meeting the new rev rec standards, and managing a...

Is Dividend Income Taxable?

Existing shareholders will receive the dividend even if they sell the shares on or after that date, whereas anyone who bought the shares will not receive the dividend. Yes, dividends payable are recorded as a liability on the balance sheet. The balance sheet is one of...