By Vincent Howard, CPA | Managing Partner, Howard, Howard and Hodges | SkillAbility for Accounting Firms Last updated: August 27, 2026 | 30-minute read TL;DR — The Short Answer Debt accounting training should teach staff to prove what the borrower owes, what the debt actually costs, whether the company is in compliance, and how the
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By Vincent Howard, CPA | Managing Partner, Howard, Howard and Hodges | SkillAbility for Accounting Firms Last updated: August 27, 2026 | 22-minute read TL;DR — The Short Answer Consolidation accounting training should teach staff to move from legal-entity trial balances to one supportable economic story—not simply stack ledgers together and post eliminations until the
By Vincent Howard, CPA | Managing Partner, Howard, Howard and Hodges | SkillAbility for Accounting FirmsLast updated: August 27, 2026 | 37-minute read TL;DR — The Short Answer Intercompany accounting training should teach staff to make the entities agree before consolidation—not use elimination entries as plugs for unresolved differences. A review-ready staff accountant can map
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