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Showing 81–96 of 332 results

  • Fraud prevention – Audit committees are a critical defensive tool

    May / June 2018
    Newsletter: Advocate's Edge / Litigation Support

    Price: $225.00, Subscriber Price: $157.50

    Word count: 421

    Abstract: An audit committee composed of board members can be an effective antifraud mechanism. This article highlights some best practices for audit committees that have emerged over the last decade. A forensic accounting expert can help committee members follow these best practices — thereby helping to avoid and defend against potential fraud allegations from investors and lenders.

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  • Update on patent damages under the Panduit test

    May / June 2018
    Newsletter: Advocate's Edge / Litigation Support

    Price: $225.00, Subscriber Price: $157.50

    Word count: 540

    Abstract: The Panduit factors for determining lost profits damages in patent infringement cases were established about 40 years ago. The factors have been challenged on various grounds over the years. This article explains the Panduit test and summarizes a recent high-profile patent infringement claim that could soon fall under U.S. Supreme Court scrutiny. Mentor Graphics Corp. v. EVE-USA, Inc. (Mentor I), No. 2015-1470, -1554, 01556 (Fed. Cir. March 16, 2017) Mentor Graphics Corp. v. EVE-USA, Inc. (Mentor II), No. 2015-1470, -1554, 01556 (Fed. Cir. Sept. 1, 2017)

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  • Is collaborative divorce right for your client?

    May / June 2018
    Newsletter: Advocate's Edge / Litigation Support

    Price: $225.00, Subscriber Price: $157.50

    Word count: 618

    Abstract: Since the concept of “collaborative divorce” was introduced in the 1990s, it’s been gaining momentum as a creative, cost-effective alternative to the traditionally adversarial divorce process. This article provides an overview of collaborative divorce, including how it works, advantages, potential pitfalls — and the role of the financial expert.

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  • How valuation expertise strengthens buy-sell agreements

    May / June 2018
    Newsletter: Advocate's Edge / Litigation Support

    Price: $225.00, Subscriber Price: $157.50

    Word count: 877

    Abstract: A solid buy-sell agreement can help closely held businesses avoid disruptions when a shareholder leaves the business. This article explains critical business valuation issues to address when drafting or reviewing a buy-sell, including the appropriate valuation method, level and standard of value, and valuation date. A sidebar highlights why it’s important to specify whether life insurance is an asset of the business or merely a funding mechanism.

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  • How to unlock “key person” risk in divorce cases

    March / April 2018
    Newsletter: Advocate's Edge / Litigation Support

    Price: $225.00, Subscriber Price: $157.50

    Word count: 435

    Abstract: In divorce, when a marital estate includes a closely held business interest, its value can have a significant impact on the division of assets, as well as the determination of support payments. A key person discount may apply when valuing a business that relies disproportionately on one person for its success. This article discusses what this discount is, how business valuation experts apply it and when it’s relevant in a divorce context.

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  • Settling (and preventing) postacquisition disputes

    March / April 2018
    Newsletter: Advocate's Edge / Litigation Support

    Price: $225.00, Subscriber Price: $157.50

    Word count: 678

    Abstract: Mergers and acquisitions sometimes fail to live up to the parties’ expectations for a variety of reasons. This article illustrates how financial experts can help buyers and sellers resolve disputes that arise after a deal closes and, more important, how they may help prevent disputes if consulted before closing about value-related provisions of the sales contract.

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  • Cash is king — even in fraud schemes

    March / April 2018
    Newsletter: Advocate's Edge / Litigation Support

    Price: $225.00, Subscriber Price: $157.50

    Word count: 556

    Abstract: It’s probably no surprise that cash is the most popular fraud target. This article explains how forensic accounting experts identify potential cash traps, such as overbilling and phantom employee scams, and how they trace schemes through a company’s accounting systems to catch a thief.

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  • Focus on valuation – Valuation issues are at the forefront in dissenting shareholder cases

    March / April 2018
    Newsletter: Advocate's Edge / Litigation Support

    Price: $225.00, Subscriber Price: $157.50

    Word count: 862

    Abstract: Attorneys involved in dissenting shareholder cases quickly learn that business valuation plays an important role in determining damages. This article discusses three critical valuation matters to consider in shareholder disputes: the appropriate standard of value, effective date, and valuation methods. A sidebar summarizes a recent case in which the Arizona Court of Appeals upheld the valuation of a dissenter’s interest based on a failed IPO. Kottayil v. Insys Therapeutics, Inc., No. 15-0765, Ariz. Ct. App., August 29, 2017

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  • Is your clients’ e-discovery at risk from hackers?

    January / February 2018
    Newsletter: Advocate's Edge / Litigation Support

    Price: $225.00, Subscriber Price: $157.50

    Word count: 426

    Abstract: News headlines seem to report a new hacking scandal every week. This article explains why the expansion of e-discovery has enticed hackers to target law firms and how a firm can safeguard its IT systems to protect clients’ electronic data from cyberattacks.

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  • Beware of procurement fraud

    January / February 2018
    Newsletter: Advocate's Edge / Litigation Support

    Price: $225.00, Subscriber Price: $157.50

    Word count: 567

    Abstract: Scams involving vendors and suppliers are among the most prevalent — and potentially damaging — types of fraud today. This article describes different types of procurement schemes and offers guidance on how to detect and prevent them.

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  • Economic damages 101 – Learn the ABCs of calculating lost profits and diminished value

    January / February 2018
    Newsletter: Advocate's Edge / Litigation Support

    Price: $225.00, Subscriber Price: $157.50

    Word count: 629

    Abstract: The ultimate goal of any economic damages case is to make the plaintiff “whole” again. Many factors go into this assessment. This article covers the basics of how experts quantify lost profits and diminished business value, including potential pitfalls that novice experts need to avoid.

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  • Valuing “blue sky” – Why goodwill matters and how it’s measured

    January / February 2018
    Newsletter: Advocate's Edge / Litigation Support

    Price: $225.00, Subscriber Price: $157.50

    Word count: 872

    Abstract: Goodwill is an indefinite-lived intangible asset. It comes into play in various business valuation assignments. This article discusses what goodwill is and the role it plays in divorce and financial reporting. A sidebar highlights the differences between personal and business goodwill.

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  • Knowing when to consider subsequent events in business valuations

    November / December 2017
    Newsletter: Advocate's Edge / Litigation Support

    Price: $225.00, Subscriber Price: $157.50

    Word count: 390

    Abstract: The value of a business interest is valid as of the “effective” date. This is a critical cutoff point, because events that occur after that date generally aren’t taken into account. This article discusses exceptions to the general rule based on whether information is foreseeable or provides an indication of fair market value. Estate of Noble v. Commissioner, T.C. Memo 2005-2 (2005) Estate of Jung v. Commissioner, 101 T.C. 312 (1993)

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  • Are settlement proceeds taxable?

    November / December 2017
    Newsletter: Advocate's Edge / Litigation Support

    Price: $225.00, Subscriber Price: $157.50

    Word count: 580

    Abstract: The federal tax code specifically excludes damages received for personal physical injuries or physical illness from taxable gross income. But sometimes it’s hard to determine the nature of settlement proceeds. This article summarizes a recent U.S. Tax Court decision that illustrates the importance of using the “right” wording in settlement agreements to minimize unfavorable tax consequences. McKinney v. Commissioner, No. 9512-15, U.S. Tax Ct. (January 5, 2017)

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  • ’Tis the season for donations – How not-for-profits can detect and prevent common fraud schemes

    November / December 2017
    Newsletter: Advocate's Edge / Litigation Support

    Price: $225.00, Subscriber Price: $157.50

    Word count: 661

    Abstract: Charities and other not-for-profit organizations typically receive most of their donations at year end. It’s critical for these organizations to be on the lookout for fraud during the busy season. This article explains the schemes that are most common to not-for-profit organizations and suggests ways they can beef up internal controls to prevent fraud. An incident can ruin an organization’s reputation, so it’s important to have strong internal controls in place to prevent fraud from happening in the first place.

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  • What’s it worth? 3 approaches to valuing a business

    November / December 2017
    Newsletter: Advocate's Edge / Litigation Support

    Price: $225.00, Subscriber Price: $157.50

    Word count: 872

    Abstract: Business valuation professionals typically apply three different approaches when valuing a business. This article explains common valuation methods that fall under the cost, market and income approaches. A sidebar highlights the excess earnings method, which draws from both the cost and income approaches.

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