On Friday, August 29, 2014, the Council on Financial Assistance Reform (COFAR) released the second set of FAQs related to understanding and applying the new Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards, otherwise known as the Supercircular. Over two hundred questions and comments have been received from grantors, grant [...]

The GHJ Nonprofit Conference, titled Sustainability: Imagine, Innovate, Impact is designed for nonprofit leaders, board members and professionals and will feature ideas to help catapult your organization to the next level of growth and sustainability.Conference attendees will hear from industry leaders on topics including diversified funding, social enterprise, merger [...]

Last week I blogged about the new FAQs related to understanding and applying the new Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards, otherwise known as the Supercircular. The AICPA’s Governmental Audit Quality Center (GAQC) has scheduled an event open to non-GAQC members that may be of interest to you as a recipient of f [...]

Legislation to protect unpaid interns and volunteers from sexual harassment and discrimination in the workplace was signed by Gov. Jerry Brown last week, on Sept. 9, 2014. The bill, AB 1443, expands current protections against sexual harassment and discrimination for employees to unpaid interns and volunteers. The types of discrimination covered in the bill include ra [...]

Steve Sills is taught the Motion Picture and Television Industry: Accounting and Auditing Overview Webcast Date: September 22, 2014 Event Time: 8:30 AM -4:30 PM Objectives: Understand the motion picture budgeting and production process. Learn how to apply the capitalization and amortization of film costs: SOP 00-2, Accounting by Producers or Distributors of [...]

GHJ invites you to our 3rd Annual Food and Beverage Industry Forum on September 23, 2014. Similar to last year, the event will feature speakers and panelists who are familiar with the trends and challenges in the food industry. Attendees will hear highlights from our 2014 Food and Beverage Industry Survey, including an in-depth view of trends in innovation, e [...]

The dynamic U.S. food and beverage industry is driven by constantly shifting consumer trends, increased competition and constant innovation. To remain competitive, it is important for companies to continually evaluate their business models and offerings. Executives are cautiously optimistic about the future, reporting slower growth than anticipated over the last 12 mo [...]

The State of California recently announced three application periods for the California Competes Credit program for fiscal year 2014/2015. The State has allocated over $150 million to the program for fiscal year 2014/2015. This tax alert contains information on the following: What is the California Competes Credit? When are the remaining ap [...]

Over the past two years, a number of high profiled transactions involved U.S. domiciled multi-national companies acquiring a foreign-based company resulting in the U.S.-based acquirer changing its domicile to the country of the foreign company that it had acquired. This is broadly referred to as an "inversion" transaction, which is the latest scrimmage in the corporat [...]

The California Film and Television Job Retention and Promotion Act was signed into law by Governor Jerry Brown on Sept. 18, 2014. The new law significantly increases the amount of film and television tax credits and eligibility to participate in the film and television tax credit program.This tax alert contains information on the following:What is California’s new fil [...]