The cover story of a recent issue of Bloomberg Businessweek, “Everything is Private Equity Now,” caught my eye. I do see some truth in this seemingly exaggerated title. Over the last 10 years, I have witnessed most large private foundations I work with either venturing into private equity or gradually increasing their asset allocation to private equity. This article t [...]

As most who will read this know, the life of a CPA is very busy. Long hours, tight project timelines and competing priorities make it easy to let certain things fall to the wayside. Add having a family and LA traffic, and we all tend to stop doing certain things we enjoyed in our youth. For me the thing that I sacrificed for most of the past 10 years has been exercise [...]

Grants and contributions – rather than earned income from contracts with customers – make up the majority of income for many nonprofit organizations, so it is not surprising that the new clarifying standard for contributions received and made will have a wide-ranging impact. This blog is the second part of our blog series covering the implementation considerations of [...]

Originally published in Small Business Today Talent and client expectations in the workforce are changing significantly. Millennials continue to make up a majority of the workforce and their need for work-life balance is driving innovation and influencing the future of the industry. In fact, an article by ADP shows that work-life integration is changing the workplace [...]

Originally published in Philanthropy Journal News Many nonprofits serve diverse communities, and it makes sense for their staff to be a reflection of community they serve. However, in a study that interviewed over 200 nonprofit CEOs conducted by The Center for Effective Philanthropy, 70 percent of CEOs stated that it was important to have staff diversity, but just 36 [...]

The evolution of the traditional workforce has made a significant impact on how GHJ (GHJ) finds and retains top talent. With this evolving workforce, GHJ had two options: 1) resist and risk losing great talent or 2) lean into and embrace the changes. GHJ chose to embrace those changes, and the first step was to collaborate with The Mom Project. The Mom Project is rew [...]

The third blog in our series of consulting case studies takes a look at an unusual situation for four businesses going to market as one company and discusses how GHJ’ Consulting Team assisted in converting their financial statements to reflect as if they had operated as one. Recent work with this client involved: Assembling one set of financial statements from four d [...]

It takes planning and effort to bring in new board members, but what happens after they are voted in? At a recent Board meeting I attended, members were thrilled to vote in two new impressive members. Both bring skills and expertise that the Board had identified as needs, namely public policy and medical expertise. This brings the total new Board members in 2019 to si [...]

Originally published in HLB Insights There are many reasons why a business will operate on an international scale. Whether it is to generate additional revenues, gain exposure to foreign investment opportunities or to hedge against local market risks, there are many advantages to operating beyond domestic borders. However, as companies grow, so does the IT infrastr [...]

Highlighted in the recent New York Times article “The Rise of the Virtual Restaurant,” author Mike Issac and David Yaffe-Bellany discussed the rise of ghost kitchens and the current disruption that food delivery is causing in the food and, in particular, the restaurant industry. Food delivery apps like Uber Eats, DoorDash and Grubhub are reshaping the $863 billion Am [...]