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5 Things Your Forensic Advisory Team Should Know
Forensic accountants require unique skills and training in order to blend accounting, auditing, and investigative skills to uncover and analyze financial data. In addition, to uncovering fraud, forensic accountants provide litigation support in a courtroom setting. If...
Accountants as an Expert Witness
An expert witness is someone who by virtue of training, skill, education or experience is believed to have knowledge or expertise in a certain subject beyond an average person. This knowledge makes the person eligible to be a witness in a case they otherwise may have...
Is Mandatory Sick Leave Coming to Your Town?
Montgomery County, Maryland has passed law requiring sick leave to be offered to all employees. Any employers functioning or handling business in Montgomery County are required to supply their employees with paid sick leave. This is stronger than most sick leave laws...
Financial Statement Fraud Red Flags
Over the last several years, the number of cases related to financial statement fraud has experienced a gradual increase. In fact, according to a recent Cornerstone Research report, Accounting Class Action Filings and Settlements—2014 Review and Analysis, shows the...
Following the Paper Trail for Corporate Fraud
How financial statements reveal corporate fraud The U.S. economy is finally recovering from the effects of the recession, but at least one major financial risk remains — corporate fraud. Fortunately, a CPA certified in financial forensics (CFF) can help companies and...
Hidden Assets in a Business Owner’s Return
Experts look to tax returns in hidden-asset investigations Business owners involved in divorce or engaged in fraudulent activity have plenty of motivation to manipulate their companies’ financial statements for their own ends. Fortunately, for financial experts such...
Your Maryland CPA Firm and Independence – Part 2
In part 1 of our blog article series on CPA firm independence, we provided the definition and discussed the ethical guidelines Maryland CPAs should follow. In today’s installation, we discuss why independence of your CPA is so important and provide insight into the...
What Types of Cases Do Forensic Accountants Handle?
Hiring forensic accountants for cases involving fraud investigation, litigation support, disputes and more With the seeming rise in corruption and financial related crime in both the for- and non-profit sectors, identifying when forensic accounting is required can...
Get Ready for the Affordable Care Act Benefits & Tax Reporting – Part 2
Affordable Care Act Information for Employers with 50 or More Employees The 2014 tax season is upon us and, with the ACA now in full implementation, it is necessary to stay updated on the provisions and modifications impacting your business as well as benefits to your...