The stress and anxiety of business troubles or insolvency can be psychologically detrimental and, even, destructive. Fortunately, for many organizations that are experiencing distress for one reason or another, business turnaround strategies can help overcome troubled times. What is Business Turnaround? A successful business turnaround strategy restores struggling companies back […]
Read full articleImagine you are the head of a large company and evidence is discovered of a fraud scheme that has led to money lost, the extent of which you do not know. Or, perhaps you’re a partner in a law firm that’s trying to get to the bottom of a situation […]
Read full articleAuthored by Josh Gifford, CPA, CFE What is the value of a business and how is it calculated? How much would someone pay for it? The question sounds simple, but it’s part of the fundamental definition of fair market value according to the American Institute of Certified Public Accountants (“AICPA”). […]
Read full articleBy David Bateman, CPA/ABV/CFF, CFE Cases involving alter ego, successor liability and substantive consolidation are fact and circumstance intensive. While attorneys frequently use financial experts in cases involving damage calculations, a financial expert such as a Certified Public Accountant (CPA), and more specifically, one trained in forensic accounting, can be […]
Read full articleBy David Bateman CPA/ABV, CFE In the first section of his epic poem, “The Divine Comedy,” Dante is led on a journey through the nine circles of hell. Each successive circle represents progressively more heinous sins committed by both historic figures and some of his contemporaries. The eighth circle of […]
Read full articleBy Gil A. Miller CPA, CFE, CIRA, CDBV The use of both federal and state receiverships is becoming a more common tool during the litigation process. From securing and watching over real and personal property to liquidating the assets of a business venture, receiverships can many times be a very […]
Read full articleRunning a business includes various types of risk. One of those being [...]
No one wants to think about the possibility of business bankruptcy, bu [...]
In today’s world, fraud continues to be a costly and damaging proble [...]
Businesses face struggles regularly, no matter how profitable they may [...]