Special purpose framework

Question 1

List 3 Non GAAP special purpose frameworks

Answer 1

1. Cash basis
2. Modified cash basis
3. Tax basis of accounting

Question 2

What is the formula to convert cash basis revenue to accrual basis revenue?

Answer 2

Beg. Cash Revenue
(-) Beginning AR
(+) Ending AR
(+) Beginning unearned revenue
(-) Ending unearned revenue
(=) Accrual revenue