This is violation of trust, and it matters!
Auditors must design their audits to look for fraud, and failure to do so may cause massive losses for stakeholders, investors, creditors and retirees. Neglecting to detect fraud can be truly ...
Kelly J. Todd
The US Tax Cuts and Jobs Act (“TCJA”) passed by Congress on December 20, 2017, will impact forecasts of a company’s cash flow and thereby will likely impact the valuation of a company. One of the forecast elements impacted is the forecast of ...
Time and time again, we trumpet the incredible value of advanced data analytics in forensic investigations – often, it is the key to finding the needle in the haystack. Fortunately, our firm remains at the forefront of utilizing data to identify unexpected patterns when investigating financial fraud – that red flag that tells us something isn’t as it should be – whether for a qui tam case involving kickback schemes or a case of underreported revenue.
The right expert selected to compute economic damages is a critical ingredient to help an attorney’s case involving economic damages. As CPAs, we are asked to provide independent, objective opinions and/or consult on issues in a case.
The methodology of a lost profits calculation of damages in a breach of contract claim or intellectual property claim attempts to restore the injured party to their prior financial position. To prepare a calculation that is not viewed as speculative, evidence of loss must match the facts of the case and cannot be cherry-picked.
Written in collaboration with Janine Driver, author of You Can’t Lie to Me
OPEN is a key word to remember when detecting deception. Open body language – and an open mind – are your best friends when looking for the truth.
An open mind is ...
Written in collaboration with Janine Driver, author of You Can’t Lie to Me
Now that we’ve peeked behind the curtain of speech and facial expressions, it’s time to move on to body language. But before we focus on our subject’s nonverbal cues, ...
Written in collaboration with Janine Driver, author of You Can’t Lie to Me
THE FACIAL FAUX PAS
Now that you have gathered your intel – you have your subject’s baseline squared away and you’ve peeked behind their words – it’s time to focus on ...
Written in collaboration with Janine Driver, author of You Can’t Lie to Me
Once we’ve established the baseline, it’s time to drill down to expose the meaning behind the words. While body language has long been the focus of detecting deception, ...
Written in collaboration with Janine Driver, author of You Can’t Lie to Me
In my previous blog post, I noted that when assessing whether someone is lying, you must first consider the person’s baseline – their typical behavior.
A LIAR IS ...
Written in collaboration with Janine Driver, author of You Can’t Lie to Me
THE MASTER OF DECEPTION
Bernie Madoff infamously stole $65 billion reflecting 4,900 client accounts in a Ponzi scheme. All told, his investors lost approximately $20 ...
As discussed previously, once it has been determined that a separate business interest appreciated in value during a marriage, learned treatises and case law often delineate the active passive analysis into the following elements:
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