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2016 MAJOR GIFTS AWARD Application For BSA Local Councils (FOR PRESENTATION/RECOGNITION IN 2017) COUNCIL NAME COUNCIL # COUNCIL HQ CITY/STATE REGION Further information, descriptions, and support
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Presentation recognition is an accounting concept that involves recognizing revenue or expenses in financial statements based on when they are earned or incurred.
Companies and organizations that follow generally accepted accounting principles (GAAP) are required to file presentation recognition in their financial statements.
Presentation recognition is filled out by accounting professionals who understand the principles of revenue recognition and expense recognition.
The purpose of presentation recognition is to accurately reflect the financial performance of a company or organization in its financial statements.
Information that must be reported on presentation recognition includes revenue earned, expenses incurred, and any corresponding adjustments.
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