GASB established a single approach to accounting for and reporting leases by local and state governments in a new statement issued Wednesday. GASB Statement No. 87, Leases, is based on the principle that a lease finances the right to use an underlying asset. The standard offers guidance for nonfinancial assets, including vehicles, heavy equipment, and […]

There was a time not long ago when I considering retirement. As an entrepreneur, the question is always, “how can I step away from the business and be assured that my clients are taken care of and my legacy and cash flow are preserved?” For most practitioners, the first thought is to sell the practice […]

Who doesn’t want to take multiple vacations every year. Better yet, visiting exotic locations around the world while still maintaining a high level of productivity, training staff or meeting with clients. Sounds too good to be true, right? Or maybe you’re thinking that you have to be super rich or have the last name “Trump”. […]