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Gear Up Accounting DATES: Wednesday, December 5, 2007, LOCATION: Springfield Country Club, 400 West Sprout Road (Route 320) Springfield, Delaware County SEMINAR LENGTH: 8 CPE Credits in A & A SEMINAR
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Gear up accounting is a method of accounting used to track and report expenses related to gearing up for a specific project or initiative.
Any individual or organization that is undertaking a project or initiative that requires significant expenses related to gearing up is required to file gear up accounting.
Gear up accounting should be filled out by documenting all expenses related to gearing up for a specific project, including costs for equipment, materials, and labor.
The purpose of gear up accounting is to track and report all expenses related to gearing up for a project in order to accurately assess the total cost and budget accordingly.
Information that must be reported on gear up accounting includes detailed expenses for equipment, materials, labor, and any other costs related to gearing up for a specific project.
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