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“It’s Not Business, It’s Personal”: The Application of Personal Goodwill in Accounting Firm Deals

JD Supra: Mergers

Personal goodwill refers to the reputation, relationships, and other intangible assets directly attributable to an individual professional rather than the business entity itself. By: Levenfeld Pearlstein, LLC

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Zero Balance Current Account: A Quick Explainer

Razorpay

Powerful current accounts always come with a caveat; a minimum balance requirement. Whether it is a few ten thousand or a few lakhs, most accounts are not zero balance current accounts. Would a zero balance current account really be so beneficial to businesses?

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Reconciled CEO Michael Ly Shares Lessons Learned from Acquiring Accounting Firms

How2Exit

b' E162: Reconciled CEO, Michael Ly Shares Lessons Learned from Acquiring Accounting Firms - Watch Here rn rn Sponsor: rn rn Reconciled provides industry-leading virtual bookkeeping and accounting services for busy business owners and entrepreneurs across the US.

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Business Combinations vs Asset Acquisitions.

JD Supra: Mergers

The classification of a transaction as either a business combination or an asset acquisition for financial reporting purposes has recently received greater attention.

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Accounting Information System (AIS)

Wall Street Mojo

What Is Accounting Information System? For example, AIS may be a very simple ledger for various accounting, costing, and financial reports like Statement of Profit and Loss, Balance Sheet, etc. Table of contents What Is Accounting Information System?

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Patrick Dichter Shares Lessons Learned from Acquiring Accounting Firms

How2Exit

Ron rn rn Sponsor: rn rn Reconciled provides industry-leading virtual bookkeeping and accounting services for busy business owners and entrepreneurs across the US. He acquired Appletree Business Services and has since grown the firm through additional acquisitions.

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Staging Your Business for Sale: The Benefits of Having a “Paper Trail” in Place

JD Supra: Mergers

Selling a business often becomes a second full-time job. Often, sellers are perplexed by the volume of document requests and the endless follow up inquiries from buyers legal, accounting and tax advisors. For first-time sellers, the process can be overwhelming. By: Hahn Loeser & Parks LLP

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