Grant Lam

Partner, Armanino Advisory LLC
Partner, Armanino LLP

Understand why you’re doing what you’re doing.

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Bio

Meet Grant

Grant Lam began his career in public accounting in 2003 and currently is a Partner in Armanino’s San Francisco office. Grant provides audit, trust and consulting services for companies and organizations in a broad range of industries. He works extensively with nonprofit organizations and leads the firm’s Social and Human Services niche. Grant also serves as the firm’s government and compliance practice leader. Grant brings a collaborative approach to working with his clients and seeks to be a trusted advisor for all his clients.

Grant graduated from the Haas School of Business at the University of California, Berkeley with a B.S. in business administration. He is a licensed CPA and a member of both the American Institute of Certified Public Accountants and the California Society of CPAs.

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Experience

Professional History

Associations

  • American Institute of Certified Public Accountants
  • California Society of Certified Public Accountants

Education

  • University of California, Berkeley


Q&A

Q. What is it about accounting and consulting that first drew your interest?
Coming from a family of business owners, I’ve always been interested in how businesses operate and what makes them successful. I studied business administration in college and quickly gravitated towards accounting as a way to learn how companies operate across different industries. I was specifically drawn to public accounting and auditing because it allows me to work with a variety of different business entities. I get to see all facets of a company’s operations and help them be more successful.
Q. What was it that drew you to Armanino?
The people and the environment. I’ve been with Armanino since I graduated from college and love it here. From the time I took my first tour of the firm’s offices, I was sold. When I was given the opportunity to come work at Armanino, I cancelled all my other interviews and signed up right away.
Q. Make a prediction; describe your vision of the future of the general business environment.
I predict the culmination of what we are already seeing: increased globalization and reliance on technology. Tomorrow’s successful companies are going to be the companies that can fully understand and utilize technology in real time, as it develops. We’re going to see growth in overseas markets, and companies that are able to fully engage with new markets will be set up for success.
Q. What law or regulation in the accounting industry would you like to see changed?
I’d like to see an easing of the regulations around federal spending, so that organizations don’t have to spend excessive time dealing with burdensome administrative requirements. Ensuring federal funds are used for their intended purpose is still very important, but I think there are better ways to achieve that. The government recently issued reform in this area, but I think more is necessary. And with nonprofits in general, I’d like to see organizations measured more on the results they achieve for our communities and less on the financial data they report. The focus needs to be on performance and results.
Q. What keeps you up at night?
Thinking about the future. My mind is always on “what’s next” and what’s coming up around the bend.
Q. Who is (or was) the most influential person in your life
My parents have been my biggest influence. My dad taught me the importance of hard work and sacrifice. He’s a business owner and I don’t think he has taken a single day off in 30 years. I get my work ethic from him. My mom influenced me by teaching me how to be a good person and live my life the right way. She taught us the Golden Rule and to always do what’s right. They both sacrificed a lot for my sister and me, something I didn’t fully understand or appreciate until I was older.
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Industries Served
Grant's Thought Leadership
Regulatory and Industry News Alerts from Armanino
Article
Here’s how to avoid noncompliance, plus tips for reporting the ERC on financial statements.

May 25, 2022
Shuttered Venue Operators Grants: Timing and Recognition for Nonprofit Organizations
Article
Know these key considerations for grant accounting, restrictions on use of the funds and Single Audit requirements.

September 27, 2021
Implementing ASC 842 - What Private Company CFOs Should Know
White Paper
Learn the steps you can take to mitigate the challenges of the new lease accounting standard.

May 11, 2021