Forensic Accounting, Litigation Services & Business Valuation

Trust is Not an Internal Control
 

Trust is Not an Internal Control

Posted: February 9, 2018
The three sides of the fraud triangle are incentives/pressures, rationalization and opportunity. Segregation of duties plays a significant role in preventing fraud because collusion is then required in order to perpetrate the fraud.

The Forensic Accountant
 

The Forensic Accountant's Role in Litigation

Posted: January 19, 2018
Whether in a divorce setting, fraud investigation, bankruptcy or damage assessment, forensic accountants possess the knowledge and skills that enhance the team of professionals’ ability to resolve their cases and, ultimately, achieve closure for their clients.

A Look at Fair Value Measurement — ASC 820 Level 3
 

A Look at Fair Value Measurement — ASC 820 Level 3

Posted: September 13, 2017
ASC 820 defines fair value, establishes a framework for measuring it and expands disclosures about fair value measure­ments. Find out how to interpret this measurement further.

New Jersey Appeals Court Increases the Risks for Special Fiscal Agents
 

New Jersey Appeals Court Increases the Risks for Special Fiscal Agents

Posted: December 6, 2016
In matrimonial proceedings or in chancery court litigation involving closely held businesses, courts have the inherent equitable power to appoint an accountant or other financial professional as a special fiscal agent (SFA) to act with respect to the financial affairs of the business.


How to Stop Expense Reimbursement Fraud
 

How to Stop Expense Reimbursement Fraud

Posted: September 15, 2016
Expense reimbursement fraud schemes are among the most common types of fraud, accounting for 14 percent of all asset misappropriation fraud schemes. Here are four steps you can take to prevent or detect fraud.