MSPC CPAs

Archive for February 2017

New lease accounting rules set to lift debt load by 24%

Companies with chartered-in fleets face changing rules when presenting their accounting statements.Although it will have little impact on actual cash flows, investors and creditors will have to adjust their performance measurements to account for the changes.A year ago, Although it will have little impact on actual cash flows, investors and creditors will have to adjust…

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5 Signs Your Small Business is Ready for a CPA.

Small business owners are used to assuming multiple roles within their companies including working on accounts and sales, human resource tasks, marketing and accounting. This is a common approach because of the lack of resources to hire dedicated professionals for each function. However, when business growth occurs the demands change making it more difficult for…

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