It was this contract that Kenney gave his accounting department.

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Frank Dadah, a principal account manager and general manager at WinterWyman , a recruitment firm that specializes in search and contract staffing in the Technology, Accounting and Finance, Human Resources, and Investments and Financial Services industries, says job hopping is moving from one company to the next for either a lateral move or promotion.

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Even back office work like human resources and accounting, is now handled by part-time or contract labor.

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In some companies, they may even be temporary or contract staff, sometimes provided by a large public accounting firm, if specialized expertise or extra arms and legs are needed for a merger, a restatement, or a tax problem.

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He laments the fact that accounting rules require PeoplePC to recognize revenue over the life of a contract, and certain losses all at once, even though the company sells its receivables and takes in cash immediately.

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The US company, in accordance with the terms in its contract, makes quarterly payments to the national oil company, accounting for everything accurately in its books.

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