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"Do things the right way. For the right reasons. Good things will follow."

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8 Signs QuickBooks is Holding Your Business Back

As an entry-level accounting system, QuickBooks is a logical choice for small businesses and entrepreneurs looking for an easy way to track basic finances. And it works – until it doesn’t. For many businesses, QuickBooks can create time-intensive...

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FASB declines to extend nonpublic lease accounting effective date

FASB declines to extend nonpublic lease accounting effective date

Private companies and nonprofits will not see further relief from the effective date of FASB’s new lease accounting standard after the board voted...

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It’s Time to Review Your Business Plan

It’s Time to Review Your Business Plan

Once your business is established and running well, you may be inclined to let things continue to run as they are. However, it's actually a good time...

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Lease Accounting

What is a Right of Use Asset?

A right of use asset, or ROU, is a lessee’s right to use an asset over the course of a lease. More formally stated, an ROU asset is any non-monetary...

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