Posts Tagged ‘Forensic Accountant’
Fighting Elder Financial Exploitation
Elder abuse is a serious and widespread problem in the United States. In fact, about 1 in 10 people aged 60 and above have experienced some kind of elder abuse, according to reports from the National Council on Aging. Most people think about elder abuse in terms of physical abuse or neglect, however, there are…
Read MoreA Forensic Accountant and Your Shareholder Dispute
Shareholder disputes happen in all different forms. In the simplest terms, a shareholder dispute is when there is a disagreement among shareholders or between shareholders about how the corporation is being governed or about something else involving the company’s finances, operations, or other relevant handling. Having financial stake in an organization means that disputes of…
Read MoreThe Value and Benefit of an Expert Witness
In the United States, as well as Australia and the United Kingdom, expert witnesses are utilized in trial or deposition to lean on their opinion. Qualifications of an expert witness depend on things like education, experience, training, skills, and certification. Whether the judge looks to the expert witness to gauge their opinion about facts or…
Read More9 Things I Wish I Knew Before My Divorce
America’s divorce rate is already about 50 percent, but what does that number look like during and after this pandemic? From quarantining together to monetary stresses, a lot of couple are struggling to survive the coronavirus with their partners. The trouble, many are saying, is that planning a divorce when you are together virtually every…
Read MoreTop 10 Reasons for a Business Valuation
A business valuation is the process used to evaluate the economic value of the owner’s interest in their business. While many business owners only receive a valuation when absolutely needed, it can be very beneficial to be proactive with business valuations, especially when planning for the future. Here are the top 10 reasons for a…
Read MoreForensic Accounting Explained
Unfortunately, fraudulent activity among businesses has experience a steady increase in the past few years. With the increasing power and connectivity of the internet, it seems to be easier than ever to experience fraud. The Global Fraud and Identity Report from 2018 reported that 33% of businesses experienced more fraud losses than they did in…
Read MoreCalculating Lost Profits with a Forensic Accountant
Lost profits refer to any economic damages that are the result of some type of business disruption. These damages are estimates that are determined by a range of factors, including things like breach of contract, negligent acts, patent infringement, physical damage to business equipment or property, and liability brought about by an accident. As such,…
Read MoreAdding a Forensic Accountant to Your Divorce Team
In the United States, a divorce occurs every 13 seconds. Unfortunately, that seemingly shocking statistic likely surprises very few people. When you think about divorce you probably associate it with words like “messy”, “stressful”, and “sad”. But what makes a divorce so messy? Sure, there are loads of emotional aspects to a messy divorce, yet…
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