GHJ recently hosted the 2019 HLB Asia Pacific Conference in Los Angeles, marking the first time the conference was hosted in the U.S. HLB is a worldwide network of independent accounting firms and business advisers, with member firms in 150 countries, 25,000 staff including partners in 700 offices worldwide. This year’s conference gathered approximately 100 delegat [...]

Have you ever considered moving outside California because of the state taxes and cost of living? If so, you are not alone. However, moving to another state and changing your tax residency is not as simple as it seems. Test to Determine Residency Once you establish residency in California, there are primary and supporting factors that may determine if you can chang [...]

This blog is originally published as an article in the June 17 issue of LABJ. In 2018, over $3.5 trillion was spent globally in association with over 19,000 mergers, acquisitions and divestitures with no expected slowdown. For any M&A projects, there is one overlooked area that can result in unexpected costs: software asset management (SAM). The integration of IT envi [...]

GHJ recently completed an in-depth study of key performance indicators (KPIs) in connection with theatrical motion pictures that were released in the United States in recent years. These KPIs shed light on the challenges and opportunities faced by producers, distributors and investors across the film industry. Overall, the various KPIs explore the general direction of [...]

HLB is a world-wide accounting network of which GHJ is a member. Originally published by HLB member firm HAMT, located in Dubai, UAE, the below blog is your guide to VAT in the UAE. Find out more on how your international business will be affected and possible implementation challenges. UAE is one of the most competitive economies in the Middle East and North Africa [...]

Following the 2 part blogs “How and Why are Private Foundation Financial Statements Changing Under ASU 2016-14?” by Amy Eybsen, I decided to share certain frequently asked questions from our private foundation clients during their implementation of the ASU. Investment Expenses Q: The ASU states that investment return shall be displayed as net of external and direc [...]

Originally published on HLB Insights The Wayfair decision has had an impact on M&A deals for sellers and acquirers globally. Previously, online sellers had an advantage in any U.S. state that did not require them to collect sales tax unless the seller had a physical presence in the state. The Wayfair Supreme Court decision changed that by allowing states to impose ta [...]

The Financial Accounting Standards Board’s (FASB) Accounting Standards Update (ASU) No. 2016-14 “Not-for-Profit Entities (Topic 958): Presentation of Financial Statement of Not-for-Profit Entities” is the biggest change to nonprofit financials in years. In our two-part series “How and Why Private Foundation Financial Statements are Changing Under ASU 2016-14,” GHJ [...]

When a business has more women in leadership positions, or significant numbers of diverse decision makers, it will generate more profits and out perform competitors. Research backs this up: McKinsey found that diverse companies studied were 35% more likely to have financial results above industry average. Those business improvements include surges in innovation, whi [...]

To stay up to day on the latest trends and innovations in the food and beverage industry, I tend to read daily or weekly publications or even attend industry related conferences. However, lately, like many of you, who enjoy storytelling with a side of expert insight, I recommend listening to the below podcasts. Listening to podcasts is a fun way to learn from indust [...]