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Posts Tagged: Philadelphia forensic accountant

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 »

Charities and Non-Profits Might Be More Exposed to Fraud

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. While charitable and non-profit organizations focus on serving the general good, they’re quite often themselves the focus of fraudsters who target… Read more »

Why Business Owners Should Have a Transition Plan

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. The statistics are astounding. Over the next 10 years, more than 4.5 million privately owned businesses will… Read more »

How Differing Standards and Premises of Value Can Affect the Valuation of 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. Can a business be simultaneously worth $10 million, $60 million, $72 million, and $100 million?  It can… Read more »

Tips for Fighting Non-Digital Identity Theft

David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of forensic accounting services including fraud deterrence, business valuation, and fraud investigation in Philadelphia and the Delaware Valley. When most people hear the words “Identity Theft,” they think about spam and/or phishing e-mails, malware and computer… Read more »

Close the Door on Business Fraud Before Your Money Has Disappeared

David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of forensic accounting services including fraud deterrence, business valuation, and fraud investigation in Philadelphia and the Delaware Valley.  “Don’t shut the stable door after the horse has bolted.” This idiom can be traced to the 1390… Read more »

Two Valuation Issues to Consider Regarding Privately Held Businesses

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 »

Understanding the Three Most Commonly Used Approaches to Valuing a Business

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. The three most commonly used approaches to valuing a business are: The Income Approach, the Asset-based Approach, and the Market… Read more »

Are Your Business and Personal Finances Ready for Year-End?

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 »

How Fraudsters, Non-Fraudsters Respond Differently in Interviews

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. A key part of any fraud investigation involves interviewing employees, customers, vendors and others.  These interviews, explain… Read more »

Business Valuation Experts Play Key Role 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. As a Certified Valuation Expert, David Anderson, of David Anderson & Associates, has served as a business… Read more »

‘Rule of Thumb’ Business Valuation Techniques Just Don’t Measure Up

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. Trade associations, some business brokers, and others may use what are known as Rules of Thumb to… Read more »