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Posts Categorized: Company News

An Overview of Business Valuation – Part Four

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 Three

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 third of a five-part series in which Anderson reviews the basics of business valuation. Determining the worth of your… Read more »

An Overview of Business Valuation – Part Two

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 a five-part series in which Anderson reviews the basics of business valuation.  Knowing how to calculate a… 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 »

Why You Shouldn’t Give a Fraudster a Second Chance

David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of fraud investigation, forensic accounting, and marital dissolution services in Philadelphia and the Delaware Valley. We are taught to forgive others who make a mistake, and to usually offer them a second chance.  While this philosophy… Read more »

Substitution Schemes: Fraudsters Want More Than Just Cash

David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of fraud investigation, forensic accounting and marital dissolution services in Philadelphia and the Delaware Valley. While most fraudsters misappropriate corporate or organizational cash as it is easier to take, more and more institutions are finding their… Read more »

Without Oversight, Petty Cash Fraud Losses Can Grow Rapidly

David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of fraud investigation, fraud deterrence, litigation support and expert witness testimony services in Philadelphia and the Delaware Valley. While a company’s petty cash account is designed to quickly and easily provide reimbursement for such small expenditures… Read more »

Fake Vendors Can Steal Real Money from Your Business

David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of fraud investigation, forensic accounting and marital dissolution services in Philadelphia and the Delaware Valley. A relatively successful and difficult to uncover scheme used by deceptive employees to steal money on the job is creating phony… Read more »

An Unprofitable Business Still Can Have Value

David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of fraud investigation, forensic accounting, and marital dissolution services in Philadelphia and the Delaware Valley. Uncovering value in an unprofitable business might seem to make as much sense as wringing water out of a rock, but… Read more »

Fighting Elder Fraud – Part Three

David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of fraud investigation, forensic accounting, and marital dissolution services in Philadelphia and the Delaware Valley. In the last two week’s blogs, forensic accounting expert David Anderson of David Anderson & Associates, Certified Fraud Examiner in Philadelphia,… Read more »

Business Valuation Can Be Affected by Personal Goodwill

David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of fraud investigation, forensic accounting, and marital dissolution services in Philadelphia and the Delaware Valley. When determining the value of professional services businesses – such as law firms, medical practices or accounting, engineering or consulting operations… Read more »

Forensic Accountant Warns: ‘Tis The Season for Gift Card Scam Fraud

David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of forensic accounting services including business valuation, fraud investigation, and fraud deterrence programs in Philadelphia and the Delaware Valley. According to the international accounting firm, Deloitte Touche Tohmatsu, Limited, 54 percent of Americans plan to buy… Read more »

Forensic Accounting Tips to Help Reduce Expense Reimbursement Fraud

David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of forensic accounting services including business valuation, fraud investigation, and fraud deterrence programs in Philadelphia and the Delaware Valley. Corporations and organizations of all sizes face myriad threats to their financial stability; however, one of the… Read more »