Forensic Accounting Articles
Posted by Benjamin Schuver on May 03, 2021
Data stored on social media platforms may be fair game in pre-trial discovery — even if the user limits access to personal posts. Many courts have decided that private isn't necessarily the same as not public, and they're granting discovery requests to obtain relevant social media evidence in civil cases.
Posted by Louis Cercone Jr. on October 23, 2017
Filing insurance claims for business interruption may seem overwhelming, so many business owners hire outside financial experts to handle the details while insiders restore normal business operations.
Posted by Douglas Sosnowski on September 25, 2017
Thinking about selling your business? Before hiring someone to advise on its value, it's important to get referrals from trusted sources and conduct due diligence on the qualifications and reputation of the individual and his or her firm.
Posted by on August 30, 2017
Cyberattacks against individual taxpayers are down, thanks to security measures set forth by federal and state tax agencies. Thefts of business data, however, are rising, and the costs of these breaches can be significant.
Posted by William Allen on August 29, 2017
A buy-sell agreement is a critical component of succession planning for many businesses - don't underestimate the human side to these arrangements.
Posted by Louis Cercone Jr. on August 28, 2017
During discovery, the lawsuit parties may intentionally withhold evidence until the last minute to gain an advantage. Most judges frown upon such game-playing, so it's a good idea to share information openly, though legitimate delays may occur.
Posted by Jill Johnson on August 15, 2017
A federal grand jury indicted two former officials of a Florida technology firm with conspiring to obstruct an SEC probe into the sale of their company. The charges run parallel to allegations against two former executives of the acquiring company for accounting fraud.
Posted by Louis Cercone Jr. on July 26, 2017
Assets transferred to a limited partnership in an effort to remove them from an estate were, in fact, included in the value of that estate, the U.S. Tax Court ruled in one case. The reason: The deceased woman retained her rights related to the assets until her death and the transfer was made less than three years before her death.
Posted by William Allen on July 26, 2017
When it comes to valuing intellectual property assets, experts don't rely on gut instinct. Here's an overview of tried-and-true methods used to value copyright portfolios and other types of intellectual property.
Posted by William Allen on June 27, 2017
Here’s a recent appellate court decision that distinguishes a husband’s viable going concern entity from case law involving “diminishing” assets.