Leases are contracts that control the right to use something for a consideration, and companies use them to benefit from plant and equipment as well as to provide customer facing services. With the new FASB rules, how contracts are accounted has changed, therefore there is a need to identify the essential attributes of your leases […]

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Mitigate your risks by managing your contracts. Every upside has a downside somewhere and when it’s a hard obligation in a contract it is essential to know about it so you can manage it on time. Risks can include penalties, overcharges, under-billing and being late. All can hit the bottom line, destroy a dependent contract […]

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