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.

July 19, 2019

FASB Votes to Propose Deferral of Lease Accounting Compliance

On Wednesday, July 17, 2019, FASB proposed delaying the effective dates for four key standards, including extending the lease accounting deadline for private companies and nonprofits to January 1, 2021. There is a 30-day public comment period, but it is highly likely that these proposed delays will pass. Here’s what it means for lease accounting …

June 3, 2019

Three Ways to Fail at Change Management

Many companies have a culture of closing deals and providing great customer service. But typically, there’s zero focus on improving their own internal systems, until a process breakdown occurs. Once a company is broken, the rush is on to implement a software solution to fix all the problems. But this never works without engagement throughout …

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 28, 2018

Monte Carlo Simulations: What The NCAA Tournament’s First Ever #1 Seed Upset Can Teach Us

As companies strive to accurately align executive equity compensation with company performance, an increasing number of companies are granting market or performance-vested restricted stock rather than time-vested restricted stock. Performance-based restricted stock awards vary in their terms and complexity, but they are often dependent on the company’s stock price performance over a given period of …

March 19, 2018

GDPR is Coming – Learn What You Need to Know

Don’t get burned by the new GDPR rollout. U.S.-based companies aren’t exempt―here’s what you need to know about your risks and how to prepare. What You Need to Know About GDPR GDPR, or the General Data Protection Regulation, is coming and is being called the biggest change to data security in the last 20 years. …

March 24, 2017

409A Valuations & Equity Management: The Need for Forward Thinking

The process of developing a business to ultimate enterprise success includes anticipating and avoiding potential future road blocks through the development of high quality, supportable and defensible procedures as early in the business life cycle as possible. One critical factor in developing such a process for ultimate business success―whether defined by efficient audits, or, even better, …

March 15, 2017

ASU 2016-09 and Forfeiture Rates

As some of you may have heard, FASB issued ASU 2016-09, new guidance that will have some positive effects on companies that calculate stock-based compensation expense. While the guidance covered a few provisions, the focus of this post will be on the provision that relates to accounting for forfeitures within compensation expense. How forfeitures are …

December 6, 2016

Diginomica Features Armanino’s Intacct Advantage CFO Evolution

Leading Tech Publication, Diginomica, Features Armanino’s Intacct Advantage Presentation on the CFO Evolution ® Diginomica, a leading media outlet featuring US and European tech and business disruption in the digital era, recently featured Matt Armanino and Lindy Antonelli’s presentation at Intacct Advantage around the CFO Evolution®. (Read the full article.) At the event, the Armanino team …