Factoring Fraud Risk Into A Business Valuation
Business value is a function of risk and return. This is why, when appraising companies, valuation experts are always on the lookout for fraud risks. Although valuations typically are not
Business value is a function of risk and return. This is why, when appraising companies, valuation experts are always on the lookout for fraud risks. Although valuations typically are not
Forensic accountants have many tools to help them find evidence of hidden assets or fraud. But one of the most effective, particularly in divorce matters or legal disputes with former
Reports started trickling into state agricultural agencies in July: Consumers were worried about strange seed packets they had received in the mail. The unsolicited goods were not labeled and appeared
Maybe the numbers did not add up during your company’s recent inventory count. You know that most inventory discrepancies are the result of honest mistakes, such as when employees return
Fraud tends to flourish during periods of prosperity. The reason is simple: When companies experience fast-growing revenues and rising net profits, they may lack a strong incentive to divert resources
When business owners suspect that an employee is stealing assets or manipulating financial results, it is time to call a fraud expert to investigate. Although the complexity of the incident
Because the average investment account boasts a much larger balance than a typical checking or savings account, cybercriminals are particularly interested in hacking them. Financial institutions are largely responsible for
With a median loss of $954,000, financial statement fraud is the costliest type of white-collar crime, according to the Association of Certified Fraud Examiners. Fortunately, auditors and forensic accountants may
Unlike some legitimate businesses, organized crime enterprises can be expected to weather the current COVID-19 crisis. In fact, with millions of Americans now working from home, organized crime-related cyber fraud
When Congress authorized an additional $600 in monthly unemployment benefits as part of the Coronavirus Aid, Relief, & Economic Security Act, out-of-work Americans were not the only ones it helped.