Posted on Thursday, February 22, 2018 by Sean Saari, CPA/ABV, CVA, MBA
It’s a common myth that spouses always divide their assets evenly between them if they get divorced. While it’s true that assets are typically divided between a couple in cases of marital dissolution, such division of property may not necessarily be equal.
Posted on Tuesday, February 20, 2018 by Frank Suponcic, CPA, CFE, CFF
Of all the fraud prevention tools and techniques available to companies, my personal favorite is the fraud risk assessment. It is not the most cost-effective tactic, but it will yield the greatest results.
Posted on Friday, February 16, 2018 by Sean Saari, CPA/ABV, CVA, MBA
While equity value, enterprise value, and invested capital value are related, there are significant differences between them. Understanding those differences is a crucial component in reaching an appropriate transaction price.
Posted on Monday, February 12, 2018 by Frank Suponcic, CPA, CFE, CFF
When it comes to preventing fraud and embezzlement, the element of surprise is a rarely used preemptive tactical advantage. Today, business executives need to utilize every advantage in their fraud prevention arsenal in the never-ending fight to prevent employee misappropriations.
Posted on Monday, February 5, 2018 by Sean Saari, CPA/ABV, CVA, MBA
As a result of the Tax Cuts and Jobs Act of 2017, alimony payments will no longer be deductible under divorce agreements entered into after December 31, 2018. So, what does this change mean for divorcing spouses and their counsel? Simply put, alimony payments will no longer be taxable to recipients.
Posted on Monday, January 22, 2018 by Frank Suponcic, CPA, CFE, CFF
Fictitious vendor fraud is a rather common scheme. Unfortunately, it is more difficult to detect than just a quick scan of the payees or the check amounts. Spending a little time implementing a thorough vendor setup program is a great first step in preventing fictitious payment fraud.
Posted on Wednesday, January 17, 2018 by Frank Suponcic, CPA, CFE, CFF
Every successful organization follows the actions of its leadership. What happens when others in the business see unethical behavior—what are they to think? It’s a simple case of “monkey see, monkey do.” It is not uncommon for an employee to emulate what they see, and that extends to corporate behavior.
Posted on Tuesday, January 9, 2018 by Frank Suponcic, CPA, CFE, CFF
National statistics and our own firsthand experience indicate that internal fraud and employee embezzlement are not going away anytime soon. So what’s the easiest step that a company or organization can implement to combat the hidden threat of employee misappropriation, theft and fraud? A written corporate fraud policy.
Posted on Tuesday, December 12, 2017 by Frank Suponcic, CPA, CFE, CFF
Fraud hotlines are one of the most cost-effective fraud prevention and reporting tools.