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 end of a marriage never is easy. Besides the obvious emotional issues and possible child custody decisions, there are assets… Read more »
Blog
Posts Tagged: Philadelphia forensic accounting firm
It’s Your Choice: Pay to Deter Fraud, Or Pay Fraud Losses
We rotate and change the tires on our cars, we have insurance on our homes, we try to eat healthy and stay active. Why? To prevent bad things from happening in the future. It’s the same for a business owner and business fraud, said David Anderson, principal of David Anderson & Associates, a Philadelphia forensic… Read more »
An Overview of Business Valuation – Part V
David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of business valuation and other forensic accounting services in Philadelphia and the Delaware Valley. This is the final installment of a five-part series in which Anderson reviews the basics of business valuation. The process of determining… Read more »
An Overview of Business Valuation – Part IV
David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of business valuation and other forensic accounting services in Philadelphia and the Delaware Valley. This is the fourth of a five-part series in which Anderson reviews the basics of business valuation. Business valuation experts must undertake… Read more »
An Overview of Business Valuation – Part III
David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of business valuation and other forensic accounting services in Philadelphia and the Delaware Valley. This is the third of a five-part series in which Anderson reviews the basics of business valuation. Determining the worth of your… Read more »
An Overview of Business Valuation – Part II
David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of business valuation and other forensic accounting services in Philadelphia and the Delaware Valley. This is the second of a five-part series in which Anderson reviews the basics of business valuation. Knowing how to calculate a… Read more »
An Overview of Business Valuation – Part I
David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of business valuation and other forensic accounting services in Philadelphia and the Delaware Valley. This is the first of a five-part series in which Anderson reviews the basics of business valuation. Do you know what your… Read more »
General Observations from Interviews with Fraudsters
A key part of any fraud investigation involves interviewing employees, customers, vendors and others. These interviews, explain a leading Philadelphia forensic accountant and Certified Fraud Examiner, can help provide an understanding of the business, uncover potential fraud, frame the size and scope of the fraud and identify potential fraudsters. However – according to David Anderson,… Read more »
How Personal Goodwill Affects Business Valuations
When determining the value of professional services businesses – such as law firms, medical practices or accounting, engineering or consulting operations – it is important, according to a noted Philadelphia forensic accountant and Certified Valuation Analyst, to consider the personal goodwill associated with the professional or business owner. David Anderson, principal of David Anderson &… Read more »
Protecting Charities and Non-Profits from Fraud
Given the nature of their organizations and missions, people would think that houses of worship, charities and other non-profit organizations would be free of financial fraud issues. However, most people – says a noted Philadelphia forensic accountant and Certified Fraud Examiner – would be wrong. According to David Anderson, principal of David Anderson & Associates,… Read more »
Three More Common Mistakes Made When Valuing a Business – Part Two of Two
Our study of the most significant mistakes made while setting a business valuation concludes as a well-respected Philadelphia forensic accountant and Certified Valuation Analyst takes a closer look at three additional issues that often are encountered in this process. Relying on outdated business transactions and industry growth rates: According to David Anderson, principal of David… Read more »
Five Frequently Made Mistakes in Valuing a Business – Part One of Two
While most business valuations properly follow applicable professional standards, some have fallen short when the financial professional makes one or more significant mistakes. Here, from a noted Philadelphia forensic accountant and Certified Valuation Analyst, are two of the five most frequently made business valuations miscues. The three other top mistakes will be detailed in our… Read more »
Fighting Vendor Billing Fraud
Businesses and other organizations can fall victim to vendor billing fraud perpetrated by outside parties just as easily as they can be by unscrupulous employees or managers, explains a noted Philadelphia forensic accountant and Certified Fraud Examiner. An example of this, according to David Anderson, principal of David Anderson & Associates, a Philadelphia forensic accounting… Read more »
