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Posts Categorized: Forensic Accounting

Dealing with and Preventing Fraud When Trusted Employees Go Bad – Part 2

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. Last week, in the first segment of a three-part series, forensic accounting expert David Anderson of David Anderson & Associates, Certified… Read more »

Dealing with and Preventing Fraud When Trusted Employees Go Bad – Part 1

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. Fraud is most often committed by employees who have decided to take advantage of their trusted status. They are usually able… Read more »

Keep an Eye Out for Questionable Expense Deductions on Meals and Entertainment

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 forensic accounting cases involving marital dissolution or disputes between shareholders or businesses, one of the most-often-abused financial categories – says… 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 »

The Role of the Forensic Accountant in Alternate Dispute Resolution

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. Business litigation can be a very expensive proposition.  Generally, opposing attorneys will fight vigorously for their clients. … Read more »

Don’t Try Hiding Cash Transactions; Forensic Accountants Will Find Them

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 »

Determining the Valuation Date is a Key Factor in Business Valuations

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. When a forensic accountant performs a business valuation, one of the first – and most important –… Read more »

Guidelines to Help Ensure the Reliability of Financial Statements “Associated With” an Accounting Firm

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. Seeing the label “associated with” a specific accounting firm on a financial statement you receive is not a… Read more »

Business Valuation Experts Provide Critical Analysis in Collaborative Divorces

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. Throughout his career, David Anderson has served as a business valuation expert on both sides of traditional… Read more »

Combat Fraudsters by Regularly Reviewing Your Organization’s Financial Statements

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. It’s good common sense – and even better financial sense – to review on a regular basis the financial statements… Read more »

Fight Fraud by Staying Current on Your Company’s Bank Reconciliations

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. One of the most effective ways for a business to help prevent fraud is, according to one of the top… Read more »

Forensic Accountants Can Help Assure Timeliness and Completeness of Royalty Payments

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. Have you or your clients licensed the use of intellectual property in return for royalty fees?  Are you or your… Read more »