Preparing as an Expert Witness for Not-For Profit Entities
Forensic accounting examinations of not-for-profit entities
The keys to performing a successful expert forensic accounting fraud engagement is to gain an understanding of the present internal control system, including policies [or lack thereof] in place to prevent fraud and abuse, as well as other key steps and procedures, as John J. DeLuca outlines in this article.
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The Pot Stock Renaissance
With Colorado and Washington state legalizing casual use of marijuana, more states considering it and 20 allowing medicinal usage, at least 60 publicly traded entities have scrambled to cash in by offering pot penny stocks.
The Value Opportunity to Private Companies
Can private companies really increase their value 80-100 percent by limiting unsystematic (controllable) risks?
The November/December 2013 issue of The Value Examinerfeatured Ken Sanginario’s article entitled, “The Valuation Business: A Strategic Road Map for Success.” In this article, Sanginario answers questions raised by skeptics to make the case that value doubling for private companies is…
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A Brave New World for Forensic Financial Analysts
The digital age represents both forensic challenge and opportunity Forensic financial analysts can increase their effectiveness and value by expanding their training and knowledge in IT forensics.
Grant Thornton Survey: Regulation Overwhelming Auditors
In a recent Grant Thornton survey, more than two thirds (69%) of internal audit professionals say they’d love to focus on strategic risks, but regulatory compliance duties and the rising costs they incur are getting in the way.
Undervaluation can be costly The recent U.S. Supreme Court case, U.S. v. Woods, overturned legal precedent and signaled that accuracy-related penalties can be imposed in more instances.
Forensic Accounting Board Resigns
All members of the American Board of Forensic Accounting, the advisory board behind the American College of Forensic Examiners Institute’s (ACFEI) Certified Forensic Accountant credential have recently resigned.
SBA Answers to Congress on Going Concern
Fifteen U.S. Representatives have sent a letter to the U.S. Small Business Administration (SBA) seeking clarification as to why the agency changed its requirements regarding real estate appraisers handling going concern appraisals for special use properties.
The Valuation of Being Bilingual
While most don’t see a benefit to speaking a second language in their personal or professional life, the increasing diversity of large cities and unexpected international elements in business deals is stressing its importance.
The Importance of Industry Research
Understanding the different aspects of an industry is key to evaluating a company’s future performance Understanding a subject entity’s industry is a hallmark of any good valuation report.