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.

Financial Advisory Blog

May 2, 2019

Migrating to Salesforce Lightning: The Fast, the Beautiful and the Unique

Salesforce Lightning provides a modern, robust and productive user experience designed to help boost sales and services and support customers. It’s not just an interface, it’s all the features and functionalities built in a way to help deliver customer success. As many of you have heard, migrating to Lightning has been a hot topic of …

How Artificial Intelligence Can Help HR

Artificial intelligence (AI) is a prevalent topic in the media right now because it is impacting a wide range of industries and fields, including Human Resources. So how are we going to use AI in HR? Isn’t HR all about the “human” element? Many HR professionals would say that working with people is one of …

May 1, 2019

Countdown for California Employers: Anti-Harassment Training

Starting in 2020, California businesses must comply with new, more extensive anti-harassment training requirements. The new rules also apply to much smaller businesses. The Old Law Since 2005, Assembly Bill 1825 has required California employers with 50 or more employees to provide two hours of sexual harassment prevention training to supervisory employees.  Subsequent laws required …

More Risky Business: New Labor Rules to Watch Out For

Labor statutes change multiple times per year, and states vary in their application of these changes.  This year is no exception. Labor rules changed again in over half the U.S. on January 1, 2019, and there have been additional changes, as well. Here’s a short list of what you may need to update in your …

Lessons From the PG&E Bankruptcy: Managing Key Customer and Credit Risks Is Critical

The bankruptcy filing in late January 2019 by the California utility PG&E Corporation is the latest example of how a significant event at one organization can have ripple effects through the ecosystem of companies that do business with that organization. In an interconnected global economy, every company must understand its markets and growth opportunities while …

April 12, 2019

Why Fighting Your Own Fraud Battles Can Be a Bad Idea

A recent global study by the Association of Certified Fraud Examiners found that 22% of the occupational fraud (fraud committed by employees) cases reviewed resulted in losses of over $1 million. The same Report to the Nations Global Study on Occupational Fraud and Abuse also found that 53% of fraud victims recovered nothing. As these …

April 3, 2019

Armanino TrustExplorer: A Software Solution for the Future of Digital Assets

For some time now we have been asking ourselves, what does the future of trust and transparency look like with increased adoption of digital assets, increased use of smart contracts and a world of DApps? There are so many challenging problems to solve, and we are actively working on a number of them. Some of …

April 1, 2019

When Outsourcing Finance, HR and Accounting Makes Sense

Most companies consider hiring a virtual accounting/HR/finance team when they’re small or are just starting operations. But outsourcing finance, HR and accounting departments can be the right move for larger companies, as well. Bang for the Buck for Small Companies If you’re a startup or small business, outsourcing is a fantastic solution because it’s so …

March 21, 2019

New FASB ASU 2018-07 Guidance Simplifies the Equity Accounting Process

If your company grants equity to non-employees/consultants, this is exciting news because it simplifies your equity accounting process! Updated Guidance that’s helpful!ASC 718 has expanded to now include non-employee and consultant grants within its scope. With the updated guidance under ASU 2018-07, employees and non-employees/consultant, will have the same overall treatment: Equity classified option and …

March 18, 2019

The Problem With ‘It’s Blockchain But Not Crypto’

As we build our new Blockchain practice, I keep on hearing the phrase “it’s blockchain, but not cryptocurrency” in an attempt to satisfy business audiences that you are talking about something “corporate legitimate.”  The premise with “blockchain but not Bitcoin” is that we could get the clean, green pastures of a controlled enterprise blockchain with …

 
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