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 [...]

On Sept. 11, 2019, the California Senate passed legislation under AB-5 to codify the California Supreme Court decision in Dynamex and clarify application of the ruling. On Sept. 18, 2019, Governor Newsom signed the bill into law. This bill affects all industries that regularly engage independent contractors. The ruling and new state law puts pressure on companies that [...]

Most companies are “elbows deep” in implementing the new revenue recognition standard. The new standard, ASC 606 - Revenue from Contract with Customers (which the FASB has been working on since 2014) represents the most significant change in accounting methodology in the past 20 years. The new standard is effective for private companies with annual periods beginning a [...]

On August 21, 2019, GHJ hosted its latest Women’s Empowerment Speaker Series on the importance of flexibility in the workplace. The session, titled “Flexibility isn’t a ‘women’s issue,’” was an intentional topic of discussion due to the common misconception that women are the only ones needing flexibility. Millennials, fathers, people caring for elderly parents, peo [...]

In 2018, China’s response to U.S. steel and aluminum tariffs was a 25 percent import tariff on fruit, nuts, wine, pork and many other products from the U.S. In retaliation, President Trump enacted a 10-percent tariff on $300 billion of additional goods from China to begin Sept. 1, which has now been delayed until Dec. 15. According to the Wall Street Journal, Chinese [...]

Effective Dates: Nonpublic Entities: Resource Providers- Annual periods beginning after December 15, 2019 Resource Recipients- Annual periods beginning after December 15, 2018 Early Adoption is permitted Background: In June 2018 Financial Accounting Standards Board (FASB) released Accounting Standards Update (ASU) 2018-08, Clarifying the Scope of the Accounting [...]

GHJ Partner Ilan Haimoff talks with Jeff Cole, Director of the Center for the Digital Future at USC Annenberg, on everything from consumer preferences to streaming wars and the role of 5G. Click here to listen.

Originally published in our Food and Beverage Whitepaper: Food Innovation: The Push and the Pull of Consumer Demand. Download your copy here. One of the primary goals of creating a website is to publicize your products and services, but if you are not ranking in search-engine results, your site is missing its mark. Below are three ways to make sure you are getting the [...]