Apple Growth Partners

Got Leases? Get Ready.

If you thought it was time to relax as summer winds down, guess again. It’s time for privately held businesses to get ready for the new accounting guidance for leases.  A lease liability for all future lease payments will be recorded for all leases under the new lease accounting guidance, even operating leases for buildings, cars, equipment – any leased asset. At its highest …

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New Accounting Standard for Leases (ASC Topic 842)

Effective Date for Private Companies and Most Nonprofit Organizations  In February 2016, the FASB issued Accounting Standard Update 2016-02 Leases (Topic 842) after many years of deliberation. The new accounting standard fundamentally changes accounting for leases, with the biggest impact on lessees – entities that lease property, equipment, and other assets. The new standard has been in effect for publicly traded companies since 2019. The FASB delayed the effective date …

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Apple Growth Partners’ Leader Recognized by Crain’s Cleveland Excellence in HR Awards

CLEVELAND, Ohio – (August 19, 2021) – Apple Growth Partners (AGP), award-winning accounting and business advisory firm, is proud to announce Jennifer DiFranco, PHR, SHRM-CP, was named winner of the overall excellence (individual/private company) category during Crain’s Cleveland Excellence in HR awards. On Wednesday, August 18, the virtual awards ceremony highlighted human resource professionals throughout …

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Apple Growth Partners Announces Promotions, Top 300 Consecutive Ranking

AKRON, Ohio – (August 12, 2021) – Apple Growth Partners (AGP), award-winning accounting and business advisory firm, has announced staff promotions effective July 1. Six employees earned career advancement due to their commitment to the firm’s clients, including three members of the firm’s business valuation department. Business valuation department: Bethany (Dria) Lawrence, ASA, manager Eric …

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Leadership Styles: Transactional vs. Transformational

Although transactional and transformational leadership are quite different approaches to leadership, comparing the two is not a question of good vs. bad or right vs. wrong. Both offer advantages in certain situations, and while you may naturally gravitate toward one style, understanding both and knowing when to utilize their strategies can make you an even stronger leader.

Apple Growth Partners’ Charitable Giving Fund Announces Request for Proposals

AKRON, OHIO– (August 2, 2021)—Apple Growth Partners’ (AGP) Community Outreach Charitable Giving Fund of Akron Community Foundation is now accepting grant proposals for financial literacy education. Established in 2009, the Apple Growth Partners Community Outreach Charitable Giving Fund of Akron Community Foundation was created to recognize the importance of supporting civic events and philanthropic organizations …

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