Forensic and valuation services

CPAs: Criminal-pursuing agents

For most CPAs, a lunch with clients is hardly a life-threatening experience. It’s different when you’re an undercover FBI agent posing as an accountant whose clients are mob bosses.

Finding growth in FVS

Forensic accounting and business valuation practitioners have unique business development challenges. A recent survey helps shed light on where they can expect to find future growth. Plus: Download "This just in: Forensic and valuation services expected to keep growing," an infographic highlighting key findings from The 2014 AICPA Survey on International Trends in Forensic and Valuation Services.

What’s your fraud IQ?

How well do you know how to prevent, detect, and respond to data breaches? Find out in this month’s Fraud IQ quiz.

How to price an owner’s interest in a CPA firm

Many accounting firms are facing a daunting challenge paying for partner retirements. Long-standing buyout agreements often aren’t calibrated for today’s demographic and market realities. This article shows how firms can assess and adjust the terms and types of buyout agreements to facilitate successful ownership transitions.

Surviving on cross-exam: Tips for expert witnesses

Understanding the cross-examiner’s objectives can help an expert witness prepare to take the stand. It is not difficult to identify foundational principles that, if properly understood and applied, allow you to “survive” cross-examination. Here are seven tips for forensic and valuation services accountants who serve as expert witnesses. Understand the

Lessons from an $8 million fraud

Nathan J. Mueller’s fleecing of his employer, a financial services giant, is noteworthy because of the amount of money stolen, the many years the embezzlement lasted, and the internal control weaknesses that made the scheme possible. This article examines how the crime was committed and what organizations can do to protect themselves from similar losses.

What’s your fraud IQ?

Do you know how to spot the red flags of a fraudulent transaction? Can you evaluate the warning signs? Find out in our Fraud IQ quiz.

Big Data tops issues facing forensic and valuation accountants

Electronic data analysis, also known as “Big Data,” is the most pressing issue that forensic and valuation services (FVS) accountants expect to face in the near future, according to survey results released Tuesday by the AICPA. A quarter of respondents to the 2014 AICPA Survey on International Trends in Forensic

New mentoring program helps CPAs interested in CFF credential

The AICPA established the Certified in Financial Forensics Mentor Program, which is designed for AICPA members interested in developing their skills and business practices in forensic accounting through the help of more experienced forensic professionals. CPAs who apply to the program will be paired with mentors who hold the AICPA’s


Year-end tax planning and what’s new for 2016

Practitioners need to consider several tax planning opportunities to review with their clients before the end of the year. This report offers strategies for individuals and businesses, as well as recent federal tax law changes affecting this year’s tax returns.


News quiz: Retirement planning, tax practice, and fraud risk

Recent reports focused on a survey that gauges the worries about retirement among CPA financial planners’ clients, a suit that affects tax practitioners, and a guide that offers advice on fraud risk. See how much you know with this short quiz.


Bolster your data defenses

As you weather the dog days of summer, it’s a good time to make sure your cybersecurity structure can stand up to the heat of external and internal threats. Here are six steps to help shore up your systems.