New Lease Standard ASC 842 and its Impact on Debt Covenants

Adoption of New Leasing Standards

For private companies, the Financial Accounting Standard Board (FASB) lease accounting standard (ASC 842) will affect periods beginning after December 15, 2021 (calendar-year 2022). This standard brings many operating leases onto the balance sheet this year (2022) and could significantly impact a business’s financial statements, disclosures, and bank covenants. Most

Read More

Hart, Kantar, Media+ and More

revolving door

This week the agencies world was full of exciting partnerships, surrounding everything from the metaverse to music to fashion. Check out the highlights to see how your favorite industries are being transformed by top disruptors.


BR was selected by innovative healthcare brand ArchWell Health as its agency of record. The deal taps into BR’s

Read More

The Number One Mistake You’re Making in Your Business Development

Opinions expressed by Entrepreneur contributors are their own.

Do you struggle with business strategies? I know I have in the past. All it takes is hearing what Elon Musk‘s morning coffee routine is, and you throw everything out the window in favor of drinking mountain beans, standing on your head with a lemon between

Read More

US sanctions ban provision of accounting, consulting services to Russia

Expanded U.S. government sanctions against Russia in response to the war in Ukraine include a ban on accounting and management consulting services by U.S. citizens.

The sanctions announced Sunday “prohibit U.S. persons from providing accounting, trust and corporate formation, and management consulting services to any person in the Russian Federation,” a White House statement said.

Read More

Incrementors Featured In 10 Most Innovative Companies of 2022 | Nation and World

SACRAMENTO, Calif., May 13, 2022 (SEND2PRESS NEWSWIRE) — Incrementors has been featured as the Most Innovative Companies in 2022 by popular magazine Industry Era Review. Incrementors has been awarded this title for their persistent work in the field of innovative technologies such as Voice Search SEO, AI and Metaverse marketing.

In the recent video by

Read More

6 business success stories recognized by Small Business Development Center at OCC

The Small Business Development Center at Onondaga Community College is celebrating National Small Business Week this week by presenting “Small Business Of The Year” awards to one business in each of the six counties it serves.

The 2022 honorees are:

The center is also handing out two more awards:

  • Small Agricultural Business of the Year:
Read More

Understand online marketplaces, SLOs for providers

Dave Sobel is host of the podcast The Business of Tech and co-host of the podcast Killing IT. In addition, he wrote Virtualization: Defined. Sobel is regarded as a leading expert in the delivery of technology services, with broad experience in both technology and business.

In this video, Sobel spoke with Marcin

Read More

Stephen McNabb Appointed CITGO Treasurer

HOUSTON, May 11, 2022 /PRNewswire/ — CITGO Petroleum Corporation today named Stephen McNabb the Company’s new Treasurer, where he will oversee liquidity management and the company’s capital structure, manage financial risk and insurance, steward bank relationships and investor relations, and assist the CFO in developing financial strategies. McNabb previously served as Assistant Treasurer and

Read More