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 my previous blog article, I discussed how the date of valuation for a business valuation has been affected by the… Read more »
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Posts Tagged: forensic accountant
How COVID-19 Has Affected Business Valuations – 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. A number of clients and colleagues have asked me how business valuations have been affected by the COVID-19 pandemic. After consulting… Read more »
Cash Isn’t Always the Target in Corporate Fraud Schemes
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. Although most fraudsters go after cash because it is easier to misappropriate, more and more organizations are being hit with misappropriation… Read more »
Forensic Accounting Investigations Unearth Medicare, Medicaid Fraud
David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of fraud investigation and fraud deterrence, litigation support, and forensic accounting services in Philadelphia and the Delaware Valley. Government payments to providers under the Medicare and Medicaid programs are based on an “honor billing system,” meaning… Read more »
Data-Mining Software Helps Forensic Accountants Keep Litigation Costs in Check
David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of fraud investigation and fraud deterrence, litigation support, and forensic accounting services in Philadelphia and the Delaware Valley. The use of special data-mining software in complex litigation support and forensic accounting cases can yield significant cost… Read more »
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 »
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 »