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 [...]

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 Changing Under ASU 2016-14,” GHJ Nonpr [...]

It has been just over one year since I officially took the role of Managing Partner. During this time, I have learned many lessons, faced many challenges and embraced even more opportunities. It has been the most professionally rewarding time of my career and a great year for GHJ. As I reflect back, there are several key ingredients that I am thankful for. Embracin [...]

The software licensing world is such a unique and focused industry that it is often overlooked as being one of the biggest areas of company risk. The decision to actively manage your software licenses can be the deciding factor of costing or saving you millions of dollars annually. In our upcoming blog series, we will educate and provide vital information for comp [...]

“Life is a balance of holding on and letting go.” - Rumi Balance is hard for anyone pursuing a life worth living. Juggling professional and personal demands and dreams is perhaps the toughest life lesson. Especially today: the world has gotten faster and more demanding. Technology is both an enabler and a task master that elevates expectations for speed and multipl [...]

Campus recruitment season is upon us! The campus recruitment process for accounting and finance students has become increasingly competitive over the years. For students it is imperative that you prepare and “do your homework” before entering the On Campus Recruiting (OCR) season. Below are some tips and tricks to help you navigate through the OCR season. Utilize Y [...]