recording transactions<\/a> of future cash flows. Tech companies often have entirely different revenue models, cost structures, and growth targets compared to more traditional businesses. Accounting can be complicated further by complex cap tables and ambitious fundraising plans, another characteristic of many tech businesses. As finance functions become more complex, they must balance traditional responsibilities with the integration of new technologies. Recognising revenue is one of the financial reporting challenges unique to companies in the technology sector.<\/p>\n","protected":false},"excerpt":{"rendered":"Without careful monitoring, these companies risk running out of capital before achieving profitability. Therefore, managing cash flow and burn rate is crucial for maintaining financial stability and ensuring long-term success. By following ASC 606 or IFRS 15, tech companies can ensure a fair and accurate portrayal of their financial performance. How Do Tech Companies Typically […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[],"class_list":["post-1863","post","type-post","status-publish","format-standard","hentry","category-bookkeeping"],"_links":{"self":[{"href":"https:\/\/menezespolyclinic.com\/wp-json\/wp\/v2\/posts\/1863","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/menezespolyclinic.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/menezespolyclinic.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/menezespolyclinic.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/menezespolyclinic.com\/wp-json\/wp\/v2\/comments?post=1863"}],"version-history":[{"count":1,"href":"https:\/\/menezespolyclinic.com\/wp-json\/wp\/v2\/posts\/1863\/revisions"}],"predecessor-version":[{"id":1864,"href":"https:\/\/menezespolyclinic.com\/wp-json\/wp\/v2\/posts\/1863\/revisions\/1864"}],"wp:attachment":[{"href":"https:\/\/menezespolyclinic.com\/wp-json\/wp\/v2\/media?parent=1863"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/menezespolyclinic.com\/wp-json\/wp\/v2\/categories?post=1863"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/menezespolyclinic.com\/wp-json\/wp\/v2\/tags?post=1863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}