2011
Showing 593–608 of 649 results
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Lean management: Improve your hospital operations day in, day out
Winter 2011
Newsletter: Healthcare Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 894
Abstract: Lean management is all about removing waste and improving workflow. Due to its success in other economic sectors, it’s being adopted rapidly in health care. This article shows how hospitals can use lean processes to distinguish value-adding process steps from non-value-adding steps, allowing them to cut out the wasteful steps.
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Understanding the “fair value” standard
Winter 2011
Newsletter: Expert / Valuation & Litigation Concepts
Price: $225.00, Subscriber Price: $157.50
Word count: 802
Abstract: Different valuation assignments call for different standards of value. Minority shareholder dissension and oppression cases can be especially tricky. This article discusses some considerations that affect an appraiser’s approach to these cases — and, ultimately, the estimated value of minority interests. A sidebar explains that “fair value” can mean different things in accounting vs. legal contexts, and looks at the Financial Accounting Standards Board’s universal definition of fair value that supersedes any previous versions.
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Hawaiian divorce case puts valuation evidence to the test
Winter 2011
Newsletter: Expert / Valuation & Litigation Concepts
Price: $225.00, Subscriber Price: $157.50
Word count: 633
Abstract: A valuation’s purpose affects an appraiser’s methodology and analyses. What’s allowed in tax court, such as buy-sell agreements or valuation discounts, may be excluded from evidence in, say, divorce court. A credible appraiser, however, can help persuade judges to accept valuation evidence that’s reasonable and fair. This article discusses a recent divorce case in Hawaii that provides an interesting example. Doe v. Roe, 2010 WL 2535138, June 23, 2010 (Hawai’i App., No. 28596)
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No hats involved – Discounts for lack of marketability call for a detailed process
Winter 2011
Newsletter: Expert / Valuation & Litigation Concepts
Price: $225.00, Subscriber Price: $157.50
Word count: 644
Abstract: When calculating any valuation adjustment, an appraiser obviously can’t just pick a number out of a hat. But the discount for lack of marketability (DLOM) is an often-contested valuation adjustment that requires a particularly detailed process. This article shows how appraisers use empirical evidence, such as restricted stock studies and pre-initial public offering studies, to quantify a DLOM percentage for noncontrolling private business interests. But appraisers are also digging deeper than just empirical study averages to obtain more meaningful, defendable comparisons.
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Down for the count – Detecting inventory fraud
Winter 2011
Newsletter: Expert / Valuation & Litigation Concepts
Price: $225.00, Subscriber Price: $157.50
Word count: 437
Abstract: Like any type of employee scam, inventory fraud can lead to losses that can go undetected for long stretches of time. Many companies are particularly vulnerable to such fraud, though, because of risks that are inherent in the way they do business. This article describes three common fraud techniques, and explains what’s involved in a fraud investigation.
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Newsbits – Form 990: Are you delinquent?
Winter 2011
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 417
Abstract: This issue’s “Newsbits” describes the consequences of failing to file Form 990; offers an online source of “snail mail” fundraising tips; and discusses a study showing that more consumers are purchasing products associated with a social or environmental cause.
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Lobbying by the book
Winter 2011
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 354
Abstract: Straying from IRS requirements for lobbying could jeopardize a nonprofit’s tax-exempt status. This article explains the difference between lobbying and advocacy, and the circumstances under which nonprofits are allowed to lobby.
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8 tips for running a valid accountable plan
Winter 2011
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 761
Abstract: Many nonprofits have an accountable plan for employee business expense reimbursements. Those that don’t are at risk for having to add reimbursements to their employee’s wages for income tax and Social Security tax purposes. To comply with IRS requirements, it’s necessary to have the right policies and procedures in place. This article offers eight tips for making sure that a plan is beyond reproach.
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Managing volunteers – A formal policy and set procedures pay off
Winter 2011
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 754
Abstract: Volunteers can be a lifeline for a nonprofit, especially in a down economy. But finding reliable volunteers, evaluating their work and retaining the best and the brightest is an ongoing management challenge. This article shows how a nonprofit can reach those goals by having a well-formed policy and procedures in place for its volunteer program. A sidebar emphasizes the importance of having a paid staff volunteer coordinator.
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The role of forensic skepticism in lost profits calculations
January / February 2011
Newsletter: Valuation & Litigation Briefing / Litigation & Valuation Report
Price: $225.00, Subscriber Price: $157.50
Word count: 352
Abstract: When financial experts analyze claims for lost profits or other business damages, it’s important that they look behind the numbers for signs that they might have been manipulated or falsified. This article uses a fictitious example to show how this “forensic skepticism” is part of what makes forensic accounting and damages analysis an art as well as a science.
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Buy-sell agreements – 4 valuation-related pitfalls to avoid
January / February 2011
Newsletter: Valuation & Litigation Briefing / Litigation & Valuation Report
Price: $225.00, Subscriber Price: $157.50
Word count: 622
Abstract: Businesses with multiple owners need to draft buy-sell agreements to protect the owners’ interests in case of a partner/shareholder’s death or retirement. But, all too often, owners make critical valuation-related mistakes when setting up such agreements. This article lists four valuation-related pitfalls to be aware of.
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Tax Court: Subsequent sale was best evidence of fair market value
January / February 2011
Newsletter: Valuation & Litigation Briefing / Litigation & Valuation Report
Price: $225.00, Subscriber Price: $157.50
Word count: 1091
Abstract: This article discusses a case in which the U.S. Tax Court discussed the impact of post–valuation-date sales on fair market value as well as the importance of choosing an experienced, qualified valuation expert. The court found that the sale of a partnership interest, which was agreed to six months after the valuation date and completed nearly four months later, was “probative” of value, but not “conclusive.” The case illustrates the significance of considering subsequent sales in valuing a business interest. Citations: Ringgold Telephone Company v. Commissioner (T.C. Memo 2010-103)
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What is the “value” of litigation?
January / February 2011
Newsletter: Valuation & Litigation Briefing / Litigation & Valuation Report
Price: $225.00, Subscriber Price: $157.50
Word count: 760
Abstract: Placing a value on litigation — that is, determining the probable outcome and its potential financial impact on a party — can not only assist in weighing the relative costs and benefits of various litigation strategies, but it’s also relevant for business valuation and financial reporting purposes. And it’s particularly significant in light of the Financial Accounting Standards Board’s proposed changes in the way loss contingencies are accounted for and disclosed in a company’s financial statements. This article discusses these changes and how they raise significant concerns for parties and their counsel.
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Practice Notes – E-mail: Getting doctors and patients together
Winter 2011
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 460
Abstract: A 2008 study showed that only 6.7% of office-based physicians were routinely communicating with patients via e-mail. The HITECH Act aims to close this gap by making secure patient-physician e-mail messaging one of the Stage 2 meaningful use objectives beginning in 2013. This article shows the benefits of such communications and addresses privacy concerns.
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Malpractice lawsuits are a reality – What are you doing to protect your assets?
Winter 2011
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 664
Abstract: Some physicians may think that they’re well covered because they have malpractice insurance. But in some cases such insurance won’t completely protect them. Although giving away assets is one tool to shield them from creditors, this article shows that there are ways to protect assets instead. Such tools include family limited partnerships, homestead exemptions, and trusts such as personal residence trusts or offshore or domestic trusts.
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The future of medicine – Nonphysician providers fill the gap
Winter 2011
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 826
Abstract: As all physician groups become more integrated, accountable and patient-centered, every clinician must practice “at the top of his or her license.” That’s why employing nonphysician providers (NPPs) is essential to improving productivity in a physician practice. This article looks at the role that NPPs might play in a practice, how they would work, and how to find them. A sidebar lists several reasons why physician practices — particularly those in primary care — are hiring NPPs.