Blog
No Question: Management Interviews are a Critical Part of the Business Valuation Process
When preparing a business valuation, quantitative data — from tax returns, financial statements, contracts and other sources — is important. But there’s more to a company than numbers. Qualitative factors also contribute to a company’s overall value. It isn’t...
True ‘Court Confessions’ of a Financial Expert
There’s a fundamental understanding—or maybe a misunderstanding—of the role of a financial expert in litigation. Sometimes, an attorney or, more likely, a client will not realize that the role of a financial expert is not the same as that of a lawyer. We are there...
Why Forensic Accounting is Important for Restaurants
Among business owners facing the highest fraud risk are restaurant owners, who are often susceptible to asset misappropriation schemes. This is where a forensic accounting expert can play an invaluable role. It involves the application of accounting and...
Potential Roadblocks to Valuing a Business in Divorce Proceedings
Divorce is never easy. But when the marital estate includes a private business interest, matters can become especially complicated. Here are some challenges that may be encountered when divorce proceedings require a business valuation. Data Sharing Because divorce...
How the Pros Use Public Data to Value Private Businesses
Business valuation professionals often use public stock market data to value private businesses — even though there are critical differences between closely held and publicly traded companies. Here’s an overview of how valuators modify their analyses to take...
Got Fraud? Call a Forensic Accountant
Fraud perpetrated by employees, management, vendors or customers can happen to any business. And if it does, it can take years to recover from the financial losses and reputational damage. In some cases — especially those involving small companies that lack the...
5 Valuation Terms That Every Business Owner Should Know
As a business owner, you’ll likely need to have your company appraised at some point. An appraisal is essential in the event of a business sale, merger or acquisition. It’s also important when creating or updating a buy-sell agreement or doing estate planning. You...
Keep an Eye out For Executive Fraud
Occupational fraud can be defined as crimes committed by employees against the organizations that they work for. Perhaps its most dangerous variation is executive fraud — that is, wrongdoings by those in the C-Suite. Senior-level execs are in a prime position to...
When a Valuation Professional Finds Fraud
Imagine you’ve got your eye on a business that seems like an attractive investment or acquisition target. It boasts strong earnings, competitive growth estimates and a clean balance sheet. But this business has a secret: fraud. And fraud can dramatically change the...
Hurricane Ian may have spared Southeast Florida, but what about business locations in other parts of the state?
Hurricane Ian will go down in history as one of Florida’s deadliest and costliest storms of all time. The path of destruction it left in its path was devastating. In addition to washed out and flooded homes, businesses are shutdown, and financial burdens are ever...
