The second blog in our series of consulting case studies takes an in-depth look at common pain points for rapidly growing businesses and tackles an improvement in terms with additional availability to a client’s debt structure. Our recent work with this client involved: Increasing company bank linesSimplifying company debt capital structureObtaining significantly bet [...]

Beyond Meat is a name that may be familiar to many, not just to individuals in the food and beverage industry but to the wide general public. Creator of "the world's first plant-based burger that looks, cooks and satisfies like beef," Beyond Meat Inc., is making waves to change up the future of the plant-based protein industry. In May 2019, Beyond Meat became the fi [...]

If you are involved in the finance function at your company, you have likely heard about changing revenue recognition rules. The FASB has been working since 2014 on a massive overhaul to the revenue recognition model, and it is finally here. The final standard (ASC 606 – Contracts with Customers) is effective for private companies beginning with fiscal years ending De [...]

This is the first in a series of consulting case studies where we take an in-depth look at common pain points in preparing businesses for the future. Our first case study highlights our recent work with a client preparing for a transaction and how our services guided the business to a successful outcome. The Challenge GHJ was engaged to assist a leading financial s [...]

The Tax Cuts and Jobs Act of 2017 enacted Section 951A of the Internal Revenue Code in order to prevent base erosion which requires a U.S. shareholder of any Controlled Foreign Corporation to include in gross income the Shareholder’s global intangible low-taxed income (GILTI). On June 21, the IRS and the Treasury Department published final regulations for the GILTI ru [...]

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 [...]