Reasons for Engaging a Forensic CPA
Most people encounter a forensic CPA only when circumstances have already moved beyond ordinary accounting territory. Whether the matter involves a marital estate that one
Working with Your Financial Expert to Question Opposing Experts and Their Calculations
Quick Answer Working with your financial expert to question opposing experts requires systematic analysis: (1) review the opposing expert’s report for methodology disclosure (Daubert), (2)
When to Hire a Forensic Accountant in a Business Dispute
Quick Answer Hire a forensic accountant in a business dispute when financial misconduct, hidden assets, normalization issues, or damages calculations are involved. Typical engagement triggers:
What to Gather Before Meeting a Forensic Accountant
Quick Answer Before meeting with a forensic accountant for a business dispute or divorce, gather these primary-source records: (1) bank statements for all accounts (12-36
Using a Financial Expert to Simplify Complex Business Disputes for Judges and Mediators
Quick Answer Using a financial expert to simplify complex business disputes for judges and mediators requires translating technical accounting concepts into plain English. The expert
Trial and Mediation Support From a Forensic CPA and Valuation Expert
Quick Answer Trial and mediation support from a forensic CPA includes: (1) pre-mediation settlement-positioning analysis with quantified leverage, (2) demonstrative exhibits for trial presentation (timelines,
Shareholder and Partnership Disputes: When a Valuation Expert Helps
Executive Summary Disagreements between business partners and shareholders can escalate from minor conflicts into costly legal battles that threaten the viability of the enterprise. When
Lost Profits vs. Diminution in Value in Business Litigation
Executive Summary Business litigation often forces an early damages decision that shapes the rest of the case: should the plaintiff pursue lost profits, diminution in
IP Valuation: Relief-from-Royalty Method in Litigation Cases
Quick Answer Intellectual property valuation in expert witness work applies three primary methodologies: (1) the income approach (typically relief-from-royalty or excess-earnings method) measures the IP’s
Hidden Income in Divorce
Quick Answer Hidden income in divorce surfaces through systematic reconstruction of bank deposits, business books, lifestyle spending, and tax filings. The forensic CPA applies bank
Fraud Damages vs Contract Damages: What Changes in the Analysis
Quick Answer Fraud damages and contract damages differ in scope, measure, and proof. Contract damages compensate the non-breaching party for the benefit of the bargain
Expert Witness vs Fact Witness
Quick Answer Expert witnesses differ fundamentally from fact witnesses in legal proceedings. Fact witnesses testify only about what they personally saw, heard, or did; they