A growing opportunity for CPAs exists in cannabis-related business advising. Along with that comes risk on several fronts.
Forensic and Valuation Services
Social distancing rules designed to stunt the growth of the COVID-19 pandemic have made it impossible, or at least impractical, to conduct in-person interviews for forensic and auditing engagements.
Legislation designed to help businesses during the coronavirus pandemic has created new issues for CPAs and other valuation specialists to consider. New AICPA FAQs address these valuation concerns.
Forensic accountants play a key role in an innovative approach to combating elder financial exploitation in a program that is spreading nationally.
Look out for these telltale signs that a co-owner is misusing the business’s funds.
Employee stock ownership plans, their sponsors, and auditors all face new challenges and risks related to the coronavirus pandemic.
Changes went into effect in February to ease the burden for smaller businesses seeking relief through the bankruptcy process.
Veteran investigator Cynthia Hetherington offers practical tips and guidance on how forensic accountants can use the open source information found on the internet to make themselves smarter, better investigators while staying within privacy laws.
Elizabeth Woodward, director of Forensic Accounting and Litigation Support at Dean Dorton Allen Ford PLLC, and William Fellows, a partner in Deloitte Risk and Financial Advisory, were named Forensic & Valuation Services (FVS) Volunteers of the Year.
The AICPA recently issued new professional standards for members who perform forensic accounting services engagements.
Have you ever wondered how much your favorite college football team is worth? Mark Zyla, CPA/ABV, and Dan Cohen, Esq., discuss the value of teams to universities — and the ways in which a CPA might try to determine their financial valuation.
The AICPA issued new professional standards for members who perform forensic accounting services engagements.
The AICPA Forensic and Valuation Services Executive Committee developed and issued for comment a standard for engagements of forensic services.
Bethany Hearn was named Business Valuation Volunteer of the Year, and David Duffus was named Forensic and Litigation Services Volunteer of the Year.
Twenty-six young CPAs were recognized through the Forensic and Valuation Services (FVS) Standing Ovation program for significant contributions in their accounting specialty areas and in their communities.
The AICPA issued working drafts of two new case studies that will be added to its new accounting and valuation guide, Valuation of Portfolio Company Investments of Venture Capital and Private Equity Funds and Other Investment Companies.
A proposed standard by the AICPA Forensic and Valuation Services Committee would classify forensic services engagements as being performed for the purpose of either “litigation” or “investigation.”
The AICPA Financial Reporting Executive Committee (FinREC) published a working draft on inventory valuation and is seeking comments on the draft.
Members of AICPA’s governing Council voted down a motion on Sunday that would have suspended and opened additional study of expanded eligibility for the Accredited in Business Valuation (ABV) credential.
A guide under development will assist with estimates.