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Posts Tagged: forensic accounting expert

Count on a Forensic Accountant to Ferret Out Hidden Assets

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 divorce proceedings and certain types of commercial litigation, counsel may suspect that the opposing side has hidden some assets. A… Read more »

An Outsourced CFO Might Be the Answer to Your Accounting Needs

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. Many businesses in the small-to medium-size range often have an accounting manager or controller take care of routine financial matters. For… Read more »

Vigilance Can Stave Off These Common Payroll 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. Payroll fraud, says forensic accounting expert David Anderson of David Anderson & Associates, a Certified Fraud Examiner in Philadelphia, is one… Read more »

Forensic Measures Can Fend Off Restaurant Fraud, Keep Your Cupboards Full

Restaurant Owners, While Your Business is Closed or Reduced Due to the Coronavirus, Here Is Something to Consider for Protecting Your Business’s Future  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… 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 »

Fraud Investigation Reveals Loopholes in Checkbook Controls

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. Harry Johnson was a savvy businessman who was aware of the perils of not having the proper fraud… 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 »

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 »