Why Are Expert Witnesses Important?

expert witness

When representing a case, the attorneys have no say who they can use as a witness, as relevant witnesses are ones who were at the scene of the crime or have useful information. However, when consulting an expert witness, attorneys can choose a person with key knowledge that can help them in a case. An…

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Succession Planning and the Importance of Business Valuation

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Companies across the globe are leaning more readily on regular business valuations, particularly in the sector of small and medium-sized enterprises (SMEs). Business valuations are conducted for a variety of reasons. Whether an organization is considering restructuring the business, dealing with relationship issues, looking into transactional retirement planning, or proactively preparing for a sale, business…

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The Cost of Fraud on a Global Scale

global fraud

In today’s financial landscape, the economic effects of fraud across the world is monumental. While there have been massive developments in new tools to counter fraud, particularly in the last two decades, the presence of corruption in the corporate world is still pervasive. In fact, new reports suggest that fraud is currently at an all-time…

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Forensic Accounting Basics Principles

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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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Fascinating Facts About Forensic Accounting


While the forensic accounting profession has technically been around since the early 1900s, the evolution of the industry has been drastically transformed in light of progress in the economy, society, and technology. This progression has opened the doors to the massive importance of forensic accounting investigations in all types of fraud today. From Ponzi schemes…

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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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Factors in Choosing an Accounting Firm for Your Business

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Choosing the right accounting firm can make or break an organization. For small businesses, using accounting software like QuickBooks or Quicken may seem like the logical solution. However, as public and private companies expand, the need for the right accountant or accounting firm becomes indispensable. While every company’s needs are different, far too many organizations…

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Three Ways to Add Value to Your Business


Many small business owners will go for years without using common sense analytical techniques to manage the value of their company. Value doesn’t just happen. It is the result of strategic moves made resulting from sound, tried and true techniques. Below are three simple actions you can take that may result in increased value for…

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The Steps to Become a CPA

The title of a certified public accountant, or CPA, is one that many view as having a great deal of competence, experience, and being a trusted business advisor. This is due to the fact that becoming a licensed CPA requires the individual to possess these characteristics. There are 3 essential steps to become a licensed…

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