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Posts Categorized: Forensic Accounting

Part Three: Taking a Closer Look at Business Valuation

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 »

Part Two: Taking a Closer Look at Business Valuation

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 »

Part One: Taking a Closer Look at Business Valuation

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 »

Despite Being Legal, Cryptocurrency Transactions Can Still Carry Risk

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 my previous blogs on cryptocurrency, I discussed the risks involved with Bitcoin and other cryptocurrencies as well as… Read more »

Business Valuation During a Divorce Can Be Complicated by Cash Transactions

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 »

Independent Expert Witness Puts Education, Experience on Your Side

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. Expert witnesses who are called to testify in litigation are not – contrary to what some people believe – supposed to… Read more »

What is a Financial Neutral and Why Might You Need One

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. You may have heard the term “Financial Neutral” used regarding litigation or alternate dispute resolution. This blog discusses Financial… Read more »

Think Cash Transaction Fraud is Easy? Forensic Accountants Make It Difficult

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. There are several reasons why the owner or principal of a business – typically a retail business –… Read more »

Forensic Accounting Tips to Help Avoid Costly Revenue Recognition Fraud

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. As noted in my recent six-part series on the state of fraud in 2022 based on the Association of Certified Fraud… Read more »

Cut Down on Petty Cash Fraud with Effective Oversight

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 provide reimbursement quickly and easily for such small expenditures… Read more »

Tips to Help Prevent Fraud in Cash-Intensive Businesses

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 sales transactions today involve an electronic or paper check payment, there still are numerous businesses that largely deal with… Read more »

Latest ACFE Study Reveals the State of Fraud in 2022 – Part Six

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. This blog, the last in a series of six, concludes my discussion of the Association of Certified Fraud Examiners (ACFE) “Occupational… Read more »

Latest ACFE Study Reveals the State of Fraud in 2022 – Part Five

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. This blog continues my discussion of the Association of Certified Fraud Examiners (ACFE) “Occupational Fraud 2022 – A Report to the… Read more »