Valuations for Distressed Companies

distressed company

While every business valuation is different, struggling businesses do face unique challenges during the evaluation process. There is no one magic formula to decide the value of a company, these numbers are based on both qualitative and quantitative factors, which is further complicated by a failing company. A distressed company is defined by the inability…

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Technology’s Role in Transforming Accounting

technology

From artificial intelligence to robotic process automation to blockchain, technology has seen a greater shift in the last decade than ever before. Big data has trickled its way into nearly every industry in the world and its impact has been profound. Sure, those facets of technology may seem irrelevant to accounting, but they are actually…

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7 Tips for Effective Succession Planning

succession planning

Research estimates that more than 66 percent of companies lack any type of formal succession plan for their organizations. But in today’s fast-paced, constantly-evolving markets, establishing a succession plan is critical for success in the present and in the future. Massaging talent to eventually fill leadership roles means positioning a company to retain their talent…

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7 Critical Things to Know Before Seeking a Business Valuation

business valuation

An organization will conduct a business valuation for all kinds of reasons. In fact, many experts recommend doing an assessment of company’s value on an annual basis. The reality is that knowing the value of a business with regard to its actual worth, in relation to its market competition, and understanding its asset and income…

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Forensic Accountants and Your Divorce Case

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Divorce rates in the United States fluctuate between 40 and 50 percent, ranking it 6th amongst countries with the highest divorce rates in the world. In fact, it is estimated that there is a divorce every 13 seconds in America. When a marriage ends, the separating couple and all of those close to them are…

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Litigation and the Role of a Forensic Accountant

Accounting.

Attorneys across the globe turn to forensic accountants and their expertise to assist in their efforts as they navigate their clients’ legal disputes and potential litigation. Often called upon either before litigation or during litigation, forensic accountants are tasked with the role of lending their specialized understanding and knowledge of financial issues as they relate…

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Forensic Accounting Basics Principles

Audit concept,Bookkeeper or financial inspector and secretary making report Financial Planning Report in Spreadsheet .Internal revenue Service inspector checking financial document vintage tone.

Forensic accounting, sometimes referred to as financial forensics or forensic accountancy, is a specialty practice area where accounting skills are utilized to investigate potential embezzlement or fraud through the analysis of financial information. This information is then eventually used in actual or anticipated legal proceedings, like litigation or disputes. In fact, the word “forensic” is…

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8 Things to Know About Business Valuations

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From asset values to income values and from market competition to knowing your company’s worth, getting a business valuation is beneficial for a wide variety of reasons. Business owners often get caught up in the day-to-day of running their company and neglect to look at their organization from a different perspective. In fact, far too…

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Hiring a Business Valuation Expert

Business Valuation

Conducting a thorough valuation of a business or other enterprise is critical to successful results. All too often, business valuation “experts” use a simple rule-of-thumb formula to do so, but this can lead to critical errors and misinformation. As such, the process of conducting a valuation of a closely-held business requires a comprehensive look at…

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The Value of Advisory Services for Business Growth

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Any business owner understands the daily challenges of operating and growing a business. Expertise in business plan development and management can be found in a variety of ways, however, ascertaining the most effective advisory services for your business can be difficult. From trend analyzation to financial forecasting and from cash management to succession planning, having…

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