Shareholder disputes happen in all different forms. In the simplest terms, a shareholder dispute is when there is a disagreement among shareholders or between shareholders about how the corporation is being governed or about something else involving the company’s finances, operations, or other relevant handling. Having financial stake in an….
Tag: Forensic Accounting
In the United States, as well as Australia and the United Kingdom, expert witnesses are utilized in trial or deposition to lean on their opinion. Qualifications of an expert witness depend on things like education, experience, training, skills, and certification. Whether the judge looks to the expert witness to gauge….
America’s divorce rate is already about 50 percent, but what does that number look like during and after this pandemic? From quarantining together to monetary stresses, a lot of couple are struggling to survive the coronavirus with their partners. The trouble, many are saying, is that planning a divorce when….
A business valuation is the process used to evaluate the economic value of the owner’s interest in their business. While many business owners only receive a valuation when absolutely needed, it can be very beneficial to be proactive with business valuations, especially when planning for the future. Here are the….
Unfortunately, fraudulent activity among businesses has experience a steady increase in the past few years. With the increasing power and connectivity of the internet, it seems to be easier than ever to experience fraud. The Global Fraud and Identity Report from 2018 reported that 33% of businesses experienced more fraud….
Lost profits refer to any economic damages that are the result of some type of business disruption. These damages are estimates that are determined by a range of factors, including things like breach of contract, negligent acts, patent infringement, physical damage to business equipment or property, and liability brought about….
While forensic accounting may be considered a fairly new profession in the grand scheme of things, its roots can be found many centuries ago. Today, we think of forensic accounting in terms of glamour and glitz – the high profile divorce, the scandalous business dealings, the shareholder disputes, and so….
The end of a marriage is difficult for everyone. From splitting up a family to splitting up everything else that goes along with shifting from one household to two, things tend to get a bit messy. Divorce experts often say that if both parties involved come out of the dissolution….
In the United States, a divorce occurs every 13 seconds. Unfortunately, that seemingly shocking statistic likely surprises very few people. When you think about divorce you probably associate it with words like “messy”, “stressful”, and “sad”. But what makes a divorce so messy? Sure, there are loads of emotional aspects….
Finances play a major role in both the beginning and, if applicable, the end of a marriage. When a couple makes the decision to split up, determining how to divide the marital property is by and far the most complicated, critical aspect. The accumulation of assets and debts throughout the….