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Posts Categorized: Company News

Forensic Accountants Take on Complex Calculations of Economic Damages

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 a business suffers financial or economic damages as the result of the actions of another or due to a catastrophic… Read more »

The Effect of Personal Goodwill in a Divorce-Related Valuation

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 »

A Refresher on the Elements of Fraud; Look for the Warning Signs

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. In several earlier blogs, I discussed the three key elements of fraud – Pressure, Opportunity, and Rationalization – a.k.a…. Read more »

Getting Personal with Expenses in a Divorce-Related Business Valuation

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. Determining the equitable value of a business at the center of a divorce case can be a tricky circumstance… Read more »

What Is Qui Tam and Why Is It Relevant Today?

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.  Over the last several months, the term “whistleblower” has become commonplace in the news.  However, for well over 100… Read more »

Cash Transactions Can Complicate Business Valuations During a Divorce

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. The decision to end a marriage is a messy affair that becomes undoubtedly more complicated when the division of… Read more »

Retain Forensic Accountants Early for More Effective Litigation Support

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. A forensic accounting expert in Philadelphia or elsewhere in the U.S. often requires very specific, detailed financial documents… Read more »

Maximize Cash Flow with These Forensic Accounting Strategies

David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of fraud investigation, fraud deterrence programs, and forensic accounting services in Philadelphia and the Delaware Valley. For many small businesses, it’s an ongoing struggle to keep enough cash on hand to finance operations, pay debts, and… Read more »

Have You Completed Your Year-End Business and Personal To-Do List?

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. With the winter holidays fast approaching, most of us are looking forward to Christmas, Hanukkah, Kwanzaa, New… Read more »

Termination, Discrimination Cases Can Benefit from Forensic Accounting Assistance

David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of fraud investigation, fraud deterrence programs, and forensic accounting services in Philadelphia and the Delaware Valley. There are times when a forensic accountant may be asked to calculate damages for wrongful termination and employment discrimination lawsuits…. Read more »

Marketability and Control are Key Factors in a Privately Held Business Valuation

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. Under what conditions does $4 million divided by four NOT equal $1 million? When you are a… Read more »

Forensic Accountants Can Oversee, Mediate Family Inheritance Issues

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. Family arguments over such minor issues as toys, chores, or family rules are quite common among siblings, cousins, or other relations…. Read more »

What is a Calculation of Value?

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. There are many circumstances under which a business valuation is required.  These can include: For estate and… Read more »