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Hey, friend!
Welcome back to Miles’ weekly update!
In this edition, we’re focusing on your accounting future, sharing insights on revenue recognition principles, and testing you with last week’s quiz on hedging.
Would you like to hear a prediction about your future? |

We know your goal is to become the best accountant possible.
And our magic ball says you’re destined to live in the US, earn US dollars, and make ur parents proud!
But there’s just one catch:
This prediction only holds true for the version of you who joins our Miles US Pathway - Recruitment Drive.
What Awaits You:
🎤 Advice from Successful Miles Alumni.
💰 Earn Over $60,000 (₹50 Lakhs) Per Year!
💬 One-on-One Chats with Miles Graduates in the US.
Don’t miss your chance to turn this prediction into reality!

We left slow dial-up for lightning-fast 5G.
We traded bulky desktops for sleek iMacs.
We upgraded from Windows 95 to Apple Vision Pro.
So why are you still relying on outdated CPA tips and tricks?
In the world of accounting, holding on to the old ways is holding you back. So, it’s time to Ditch and go for better.

Understanding revenue recognition principles is essential for accurately reporting a company’s financial performance. Let’s break down the key concepts:
For a deeper dive into business combinations and goodwill accounting,

Stay updated with the latest industry insights:

Can’t see the number? It’s a sign — time to upskill.
Picture yourself stepping confidently into prestigious firms like Deloitte, KPMG, EY, or BDO. With the Miles US CPA Pathway, that vision becomes a reality.
Here’s how we prepare you for success:
• Gain access to top-notch study resources that simplify your preparation.
• Receive expert guidance from industry leaders who know the path and how to guide you.
• Seize interview opportunities with top accounting firms in India and the U.S.
Take control of your career vision:
• Land your dream role at the Big 4 in India — Why Wait?
• Or, become a CPA and unlock opportunities in the U.S. — Start Your Journey Today!
Your future is calling — make it clear.

Which of the following is not considered a financial instrument under U.S. GAAP? |
How are derivatives typically recorded on the balance sheet? |
For a cash flow hedge, where are unrealized gains and losses initially recorded? |
We hope you enjoyed the quiz and nailed every answer!
If you have any questions, especially about becoming a CPA, feel free to reach out to us at [email protected], and we’ll get back to you as soon as possible.