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Fraud in the Construction Industry - Down, but not out...

According to the most recent Report to the Nations issued biennially by the Association of Certified Fraud Examiners (ACFE), fraud within the construction

Financial Accounting Standards Board (FASB) and Goodwill Impairment for Public Companies and Not-for-Profit Organizations

Recently, the Financial Accounting Standards Board (“FASB”) discussed whether and how to change the subsequent (post-transaction) accounting

Does Excess Working Capital Increase the Value of a Company?

What is the role of working capital in a business valuation? Pretend that your company is having a business valuation prepared for estate planning purposes

International Fraud Week: Protecting Seniors From Fraud

Our senior population is particularly vulnerable to con artists who want to take advantage of them. Too often we hear of stories where an elderly person
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2015 International Fraud Awareness Week

International Fraud Awareness Week (“Fraud Week”) is November 15 through 21, 2015. Fraud Week is sponsored by the Association of Certified

Avoiding Pitfalls of the Due Diligence Process

In merger and acquisition (M&A) transactions, the terms of the deal are governed by the letter of intent. This is a non-binding document that contains

Lost Profits: Determining Avoided Costs (Part 2)

In my last article, I discussed how to calculate lost revenue related to a fire in ABC Company’s manufacturing facility. In this article, I will

Auto Dealership Transaction Activity Update

Kerrigan Advisors, an auto dealership acquisition advisory firm, reported that total automobile dealership transaction activity increased by a record 17%
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"PA Breeding Ground for Corruption"?

What? A headline in the August 2, 2015 Pittsburgh Tribune-Review says, “PA Breeding Ground for Corruption, Experts Say.” Can that be true –

Quality of Earnings Reports in M&A Transactions

Performing thorough due diligence is a must in M&A transactions. The acquirer will often want a Quality of Earnings (Q of E) report prepared by an
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