Money laundering: Combating a global threat
International efforts to deter financial crime rely on CPAs to be vigilant and perform critical roles.
Forensic and valuation services
Forensic interview feature wins JofA best article award
Charles L. McGimsey and Daniel J. Whelan received the JofA's Lawler Award for the best article of 2015.
Navigating the path to success in accounting practice sales
This article provides guidance on avoiding hazards that can derail the sale of a CPA firm and jeopardize the financial future of the firm and its owners.
Members recognized for service in forensic and valuation services areas
The AICPA Forensic and Valuation Services Section annually honors its members who have made a positive impact on these areas.
Young CPAs honored with Standing Ovation in FVS
Thirty-two young CPAs have received the first annual Standing Ovation recognition in the areas of forensic accounting and business valuation.
Converting from C to S corp. may be costlier than you think
Gift or estate valuation of interests may be significantly higher, incurring more tax.
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.
Succession planning and CPAs’ golden opportunity
CPAs advising small and midsize businesses should take a leading role when it comes to guiding succession planning.
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.
Big Data case study: What forensic accountants need to know
Many CPAs will need to learn new IT skills due to the rise of Big Data, which is producing plentiful forensic accounting business opportunities.
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.
Awards recognize positive impact on forensics and business valuation
The Institute’s Forensic and Valuation Services (FVS) Section honored with its annual awards section members who have made a positive impact on forensic and valuation practice areas.
Tips for conducting a forensic interview
A properly conducted forensic interview turns a potentially reluctant subject into an information-providing source.
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.
Pricing issues for midsize and large firm sales
Partners in midsize to large firms face many challenges and complexities when negotiating a sale of their ownership interest.
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
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.
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.
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
