The income approach: How it differs

When you buy a new car, what exactly are you purchasing? You are buying a tangible asset, a method of transportation and often a symbol of taste and stature. When someone buys a company or an interest in a company, what are they purchasing? Not necessarily always a...

Maintaining independence key to valuation

Accountants and valuations analysts are often asked by clients to prepare a valuation of their business, but sometimes they have to pass on the work. Why? If the CPA or analyst’s firm also performs audit engagements for the company, there could be what is called a...

Overlooked ways forensic CPAs can help

Attorneys who use forensic accountants are familiar with the analysis and testimony an expert can provide in matrimonial cases, commercial disputes, lost profits claims, criminal and civil cases, and many other types of litigation. Typically, financial experts are...

Ten questions to ask your financial expert

Financial experts are used in civil and criminal cases by both the plaintiff and defendant in litigation relating to personal injury, divorce, lost profits, breach of contract, shareholder disputes, theft arson, murder and many other areas. A financial expert’s...

CPAs can shine light in settlement offers

Attorneys often need help evaluating whether a defendant company’s settlement offer is reasonable. Financial statements or tax returns purporting to support the company’s claim of ill health may be provided. The CPA’s ability to find hidden meanings...