A term you may have heard recently in the food and beverage industry is “sustainable sourcing.” According to the Institute of Grocery Distribution (IGD), stainable sourcing “ensures that, to the best of the food supply chain’s ability, products or goods purchased have no, or limited, negative impact on the communities and ecosystems they are sourced from.” As awarene [...]

By Margaret Karren The Financial Accounting Standards Board (FASB) has issued an exposure draft for the presentation of financial statements of not-for-profit entities. The comment period ends on August 20, 2015, public roundtables will occur in September and October 2015, and the FASB board re-deliberations would start in October 2015. The FASB states that this is p [...]

Over the past 10 years it has been well publicized that state tax incentives have been increasingly beneficial and lucrative for entertainment companies, often in the form of state film credits. We recently wrote about California’s credit changes in their attempt to remain competitive in attracting and retaining media-production activity. But what has sometimes been o [...]

By: Helen Han (guest blogger from R&D Incentives Group) Another guest blogger, Kevin Zolriasatain from KBKG, recently wrote aboutR&D credits for the food and beverage industryfor this blog. Expanding on the topic, this post dives deeper into the R&D credits specifically for the wine industry. People familiar with the workings of wineries and vineyards kn [...]

And By: Andrew Bird (Marketing and Communications Consultant) (Excerpt from their book, Putting the Profit in Nonprofit! 5 Power Success Strategies for Nonprofits) Donors can’t give you money if they don’t understand who you are and who you help. They also can’t give you money if YOU can’t effectively explain who you are and who you help! Why does your organization e [...]

On Friday, July 31, the Surface Transportation and Veterans Health Care Choice Improvement Act of 2015 (ACT) was signed into law. The Act, which was mainly intended as a temporary extension of the Highway Trust Fund, includes many important tax provisions. This Tax Alert provides some of the main highlights of the tax aspects of the Act. This [...]

LOS ANGELES, CA (August 7, 2015) – GHJ was recently named as one of the Best Places to Work in Los Angeles by the Los Angeles Business Journal and Best Companies Group. This is the seventh time GHJ has been recognized.Founded in 1953, GHJ is one of the oldest independent firms on the west side of Los Angeles. Ranked as a top-20 largest accounting firm on the Los Angel [...]

By Margaret Karren On April 22 the Financial Accounting Standards Board (FASB) issued an exposure draft which would significantly change the existing not-for-profit financial reporting model. Comments are due by August 20, 2015. I decided to try making a comment to see how the process worked. I went on to the FASB.org website; it took a couple of tries to get to the [...]

By Ronald J. Nessim (guest blogger from Bird, Marella, Boxer, Wolpert, Nessim,Drooks, Lincenberg & Rhow) Historically, disputes between talent and the major studios were litigated in a public courtroom where the judge and jury had no inherent biases for or against talent or the studio. Increasingly, however, the major studios have increasingly required talent – as [...]

By: Richard Ruvelson I am taking this opportunity to pass on information gleaned from the Nonprofit Law Prof blog dated July 13, 2015. It is reassuring to know that, even during contentious times at the beginning of a presidential-election campaign, bipartisanship still exists. This particular blog addressed the July report of the Senate Finance Committee’s Business [...]