How to Account for a Lease Termination including Partial Lease Terminations under ASC 842 This is one of the reasons why audit firms suggest using software for compliance. Below are summaries of lessee and lessor accounting […]
Balancing the Books: A Bookkeeping Firm’s Guide to Franchise Financials Professional accountants typically have a bachelor’s degree in accounting or a related field along with a professional certification on top of that. […]