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New Lease Accounting Standard: How to Identify Embedded Leases

New Lease Accounting Standard: How to Identify Embedded Leases

The New Lease Accounting Standard Checklist: How to Identify Embedded Leases While embedded leases are not a new concept in accounting, they are now receiving a lot more attention. In the past, operating leases weren’t recorded on the balance sheet,...

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Lease Accounting Software

Lease Accounting: Why You Should Not Use Spreadsheets

If you are using spreadsheets to maintain your leases, you know what a pain those spreadsheets can be. They are error-prone, difficult to adjust, and...

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Outsourced Accounting

Grow Your Business With Outsourced Accounting

As a small business owner, you realize the importance of keeping your overhead costs as low as possible. You probably are spending lots of your time...

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Retained Search vs Contingent Search: Key Differences

Retained Search vs Contingent Search: Key Differences

If you are finding yourself unsure of the difference between a retained search and a contingency search – you are not alone! At first glance, it...

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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...

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Improve Your Profits by Hiring the Right Accounting Staff

As a CPA and Co-Founder/Partner of ProNexus, I am often asked if our firm can help our clients fill a vacant CFO or Controller position on an interim...

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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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