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. You are, no doubt, familiar with the parable of the Prodigal Son. One of two sons asks his father for his… Read more »
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Posts Categorized: Forensic Accounting
Preventing Employee Fraud Starts with Your Corporate Culture
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 recent fraud investigation of a privately held company focused on a CFO who had spent years following the directives of… Read more »
Protect Your Data from Fraud and Theft with More Than Just Passwords
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. In last week’s blog, I discussed how using secure passwords can help protect your data from fraud and… Read more »
A Secure Password Can Help Keep Your Data Safe
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. The list of major corporations hit by a crippling data breach is legend; it seems no business is… Read more »
Why the Date of Valuation Matters When Valuing a Business
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. One of the key factors in performing a business valuation is to determine the date of the… 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 »
Cash Transactions Can Be Tricky When Valuing a Business in 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 »
Thinking of 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. Some owners of businesses that receive payment in cash for a significant amount of sales (primarily retail businesses)… Read more »
Forensic Accounting Experts Help with Business Valuation in Divorces
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. There’s nothing simple about a divorce. Even a seemingly easy marriage dissolution can have its complications. When you factor… Read more »
Forensic Accounting Experts Ease Divorce Valuation Issues
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 »
Are Banks Unwittingly Facilitating Small Business Fraud?
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. Several frauds that I recently investigated have been strikingly similar. In each case, a trusted employee misappropriated funds… Read more »
Don’t Keep This to Yourself: Trade Secrets Have Value
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. Business valuation experts often are asked to value intangible assets of companies. A major component of such assets… Read more »
Not All Financial Statements Are “Associated” With Reliability
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. When you learn a company is “associated” with an accounting firm, don’t automatically assume the financial statements that… Read more »
