Financial Advisory Blog

Armanino’s Financial Advisory blog is your source for thought leadership around cloud ERP and accounting solutions and integrations. Supported by the Cloud Accounting Institute and numerous experts in cloud, finance, reporting, integration, compliance, and technology, Armanino’s Financial Advisory blog features must-read content on what’s happening in the finance industry, case studies, white papers, and much more.

December 2, 2017

Part 2 Blockchain & Cryptocurrencies: 4 Ways It Will Change How We Do Business

Cryptocurrencies and blockchain have emerged as an exciting alternative to regular money. (We covered the basics here if you need a refresher.) But, this technology could be much more than an alternative currency. It also has the potential to revolutionize the way we do business. Here are four areas where we may see big changes …

November 13, 2017

Part 1 Blockchain and Cryptocurrencies: What You Need to Know

Blockchain and cryptocurrencies are mainstream news, especially as Bitcoin continues to hit record prices. But while most people have heard of this exciting new technology, it’s still not widely understood. To help you get up to speed and better anticipate the potential impacts on your business, here are the basics. What is cryptocurrency? Cryptocurrency is currency that …

October 27, 2017

The 4 Tools for Distressed Companies: What’s Best for Your Business?

We receive calls every day from distressed companies that are running out of money and don’t know what to do. It’s a hard discussion if you’ve never been in this situation, but it is important to understand that not every situation is the same, and different options are available, depending on the goal. One thing …

August 30, 2017

Cash Is King: How to Optimize Your Cash Position With a Cash Flow Forecast

An entrepreneur I know says that someone truly becomes a business owner only after they’ve spent a sleepless night worrying about making payroll. We disagree. You and your organization can avoid many stressful situations, and make better decisions, by planning with a cash flow forecast. What is it? A cash flow forecast is a tool …

May 2, 2017

ASC 606: What Early-Stage Companies Need to Think About Now

As a CEO, COO or CFO of an early-stage company, you have enough to worry about. Lining up investors, getting a minimally viable product to market, and persuading customers to sign a contract are pursuits that get the lion’s share of your attention—as they should. However, there is one additional thing you need to focus …

April 6, 2017

New Form I-9 for Employment Eligibility Verification

The U.S. Citizenship and Immigration Services (USCIS) department has published a revised version of Form I-9, Employment Eligibility Verification. Here’s what you need to know: All employers must be aware that Form I-9 has been revised.Accounting Only the new version should be used as of January 22, 2017, for all new hires. Penalties can apply …

December 19, 2016

California Minimum Wage Increases – News You Should Know

Did you know? The California minimum wage law has been modified so that the wages will gradually increase to $15.00 by 2022. Also, for the first time, the increases are grouped by employer size. The schedule for the California minimum wage increases for large employers is as follows: Large employers (26 or more employees) January …

October 12, 2016

Bookkeeper vs. Accountant: Which Do You Need?

Although bookkeepers and accountants are often seen as interchangeable, they have different qualifications and fill different business roles. As your company evolves, you will likely need one or both of them. To help you find the right level of expertise, here’s a brief comparison of the two types of professionals to help you determine which …