There’s no such thing as an accounting emergency.
Who is/was the biggest influence in your business life and how did s/he shape who you’ve become?
I have to name two – Tom Barry and Donella Wilson. Tom mentored me through my earlier years, helped me succeed in the hardest transition from senior associate to manager, and convinced me to stay in public accounting after having my first child. Donella more recently challenged me out of my comfort zone, helped me find my passion and career path, and emerge as a leader.
Describe the best thing about Green Hasson Janks and why it matters to you.
GHJ truly lives up to its core values. Decisions are made, actions are taken based on such. Its people-centric culture is truly wonderful.
What makes you get up in the morning, and how does it impact your work style?
My kids. Literally and figuratively. I wanted to show them that work is much more than paying bills. I don’t take it for granted that my work is stimulating and meaningful.
What is your proudest professional moment, and why?
I am just very proud of what I have done so far overall – migrating from a non-English speaking country as a young adult, acing the CPA exams, and growing professionally within GHJ while raising two children.
What is your favorite quote that best describes your professional philosophy?
“There’s no such thing as an accounting emergency.” I often get complimented on my calm demeanor. It doesn’t mean I don’t care enough. Contrarily, I stay poised and professional in stressful situations, so that my team and my clients don’t feel like the sky is falling.
Stephanie Yan, CPA, has 20 years of public accounting experience providing audit, accounting and general business consulting services. Before coming to Green Hasson Janks in 2004, Stephanie spent three years working in corporate accounting for both privately held and public companies.
Her industry experience includes closely held entities operating in a wide variety of industries including private foundations, museums, import and distribution and real estate. Stephanie also has expertise with employee benefit plan audits.
Stephanie graduated with a Bachelor of Science degree, majoring in International Business, from Shanghai Jiao Tong University, China. She also attended the University of California, Los Angeles (UCLA) Extension for Accounting Certificate Program. Stephanie is a member of American Institute of Certified Public Accountants.
Stephanie resides in San Marino with her husband and two daughters. Her personal interests include traveling and tennis.
Favorite place in the world:
Favorite movie or book of all time:
One word that best describes me:
When I’m not working, you’ll catch me doing this:
Spending time with my husband and two daughters.
The stay-at-home order amidst the COVID-19 pandemic unexpectedly launched the world’s largest remote-working experiment. Over the past weeks, we have seen organizations, including our clients and our own firm, spring into action to adapt to running either a partial or a completely remote operation. GHJ has been fielding questions in the process as our clients put new policies and procedures in place to minimize the disruption. We are delighted to see that internal controls remain top of mind […]
The cover story of a recent issue of Bloomberg Businessweek, “Everything is Private Equity Now,” caught my eye. I do see some truth in this seemingly exaggerated title. Over the last 10 years, I have witnessed most large private foundations I work with either venturing into private equity or gradually increasing their asset allocation to private equity. This article turned out to be a very informative read. It explains how private equity works, and it further explores its impact on the economy […]
Following the 2 part blogs “How and Why are Private Foundation Financial Statements Changing Under ASU 2016-14?” by Amy Eybsen, I decided to share certain frequently asked questions from our private foundation clients during their implementation of the ASU. Investment Expenses Q: The ASU states that investment return shall be displayed as net of external and direct internal investment expenses. I understand the external expenses, which are basically what we pay to the investment consultants, […]
In our previous blog, No Strings Attached, we discussed the importance of unrestricted general operating support from grant makers. However, general operating support may not be the best – or only way – to assist every grantee organization. Instead of, or in addition to a grant, program-related investment (PRI) sometimes makes sense. If you haven’t ventured into program-related investments, you may ask, “What is it?” The IRS defines it as investments in which: The primary purpose is to […]