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. The National Restaurant Association reports that each year restaurants lose between $3 billion and $6 billion to employee fraud. Recent surveys,… Read more »
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Posts Tagged: fraud investigation
Ferreting Out Highly Questionable Meal and Entertainment Expense Deductions
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 »
A Declaration for Independence of Expert Witnesses
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. Contrary to what some people think, expert witnesses in litigation are not supposed to be advocates for the side that hired… Read more »
Properly Evaluating the Credibility of Forensic Investigation Interviewees
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 key part of any fraud or forensic-based investigation – says David Anderson, principal of David Anderson & Associates, a Philadelphia… Read more »
Beware The Prodigal Son – Or Daughter – Who Might Be Tending Your Flock
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 »
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 »
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 »
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 »
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 »
Don’t Underestimate the Importance of Contingency Planning
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. Many businesses have no disaster or contingency plans in place. Others have only disaster plans to address such… Read more »
Let Potential Fraudsters Know You Have an Eye on 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. It might not exactly be Big Brother, but letting your employees know you are watching them and have… Read more »
