David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of forensic accounting services including fraud investigation and fraud deterrence programs in Philadelphia and the Delaware Valley. When determining the value of a business is at the heart of divorce settlement calculations, coming to an agreement… Read more »
Blog
Posts Categorized: Business Valuation
Proposed U.S. Treasury Regulation Could Significantly Change Business Valuations
David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of business valuation, fraud investigation, forensic accounting, and marital dissolution services in Philadelphia and the Delaware Valley. For nearly 100 years, business valuators have used Fair Market Value to define the value of business interests. Fair… Read more »
The Impact of Different Conventions for Projecting Future Damages, Part II
David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of business valuation and other forensic accounting services in Philadelphia and the Delaware Valley. This is the second of two blogs on how to accurately and fairly calculate financial damages and losses. The valuation of damages… Read more »
An Overview of Business Valuation – Part IV
David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of business valuation and other forensic accounting services in Philadelphia and the Delaware Valley. This is the fourth of a five-part series in which Anderson reviews the basics of business valuation. Business valuation experts must undertake… Read more »
An Overview of Business Valuation – Part I
David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of business valuation and other forensic accounting services in Philadelphia and the Delaware Valley. This is the first of a five-part series in which Anderson reviews the basics of business valuation. Do you know what your… Read more »
Anderson Speaks to Bucks County Estate Planning Council
David Anderson, CPA, CFE, CVA, addressed the Bucks County (Pa.) Estate Planning Council in February on the topic of forensic accounting services in Philadelphia and business valuation in a divorce. Anderson, principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of business valuation services in the Delaware Valley,… Read more »
What Is Your Business Worth? Get a Formal Business Valuation
You read in the paper that a local business just sold for $15 million. You feel your company is about one-third the size of that operation. Does that mean you have a $5 million business? A friend said she heard you can determine the worth of a business by multiplying its income by six and… Read more »
How Personal Goodwill Affects Business Valuations
When determining the value of professional services businesses – such as law firms, medical practices or accounting, engineering or consulting operations – it is important, according to a noted Philadelphia forensic accountant and Certified Valuation Analyst, to consider the personal goodwill associated with the professional or business owner. David Anderson, principal of David Anderson &… Read more »
Three More Common Mistakes Made When Valuing a Business – Part Two of Two
Our study of the most significant mistakes made while setting a business valuation concludes as a well-respected Philadelphia forensic accountant and Certified Valuation Analyst takes a closer look at three additional issues that often are encountered in this process. Relying on outdated business transactions and industry growth rates: According to David Anderson, principal of David… Read more »
What is a Song Worth?
When valuing a business – or part of a business, a financial professional must take into account such intangible assets as patents, trademarks, trade names, goodwill, literary works, and even songs, according to a leading Philadelphia forensic accountant and Certified Valuation Analyst. “Although the phrase ‘I got it for a song,’ meaning for practically no… Read more »
Tricks of the Trade – Looking at the Numbers
As part of the normal procedure of analyzing financial and accounting information, a forensic accountant will look closely at the numbers themselves. Such tight scrutiny can help unearth potential fraud or other abuse of financial information, according to David Anderson, a Philadelphia forensic accountant and principal of David Anderson & Associates, a Philadelphia forensic accounting… Read more »
Forensic Accountants Tackle Complexities of Economic Damages Calculation
When a business suffers financial or economic damages as the result of the actions of another or due to a catastrophic event, business owners, attorneys and the courts rely on forensic accountants to calculate damages and determine the amount of financial or economic recovery necessary to restore the business to the position it would have… Read more »
Business Valuation the First Step in Selling A Business
Selling a business is not dissimilar from selling a house. There are a number of steps a business owner must take to prepare the business for sale and it starts with relying on a business valuation expert to determine what your business is worth. “The parallels in selling a house and selling a business are… Read more »
