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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 can even increase risk. Or, as one audit partner excellently put it to me recently, “Spreadsheets...

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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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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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