Valuation & Litigation Advisory Insights: April 2013

This month's Valuation & Litigation Advisory Insights includes the following:

When a Purchaser Involves Both Cash and Stock, Buyer and Seller BewareThere is risk on both sides of a transaction when a privately-held company is issuing shares as a component of deal consideration. There are competing interests that can...

Read More »
0 Comments »

Common Errors in Corporate Projections

Many of us have prepared or reviewed financial projections.  Most projections are usually based on a per-unit sales estimate, long-term contract analysis or some sort of extrapolation of historical growth trends.  Some projections are spot on every year, but other projections are littered with illogical conclusions and calculation errors. 

While any set of financial projections is dependent upon numerous assumptions, there are a few critical areas that are more prone to errors than others. 

The...

Read More »
0 Comments »

Free Offer Friday: A Corporate Executive's Roadmap to Fraud Prevention E-Book

National statistics reflect that many employees, at all levels within a company, can be dishonest. Employers lose approximately 5% of their gross income due to employee theft.

With the economic hardships many people face today, more and more good employees are tempted to commit a criminal act and steal from their employer. Mitigating internal financial misappropriations begins with strong internal controls, but there are other steps employers can take to protect the theft of corporate assets.

Click...

Read More »
0 Comments »

Special Delivery: March 2013

This month's Special Delivery Includes:

Coping with the New 3.8% Medicare SurtaxSome high-income investors face a “tax increase” this year that...

Read More »
0 Comments »

Valuation & Litigation Advisory Insights: March 2013

This month's issue of Valuation & Litigation Advisory Insights includes the following articles:

Free E-Book: A Corporate Executive’s Roadmap to Fraud PreventionFrank A. Suponcic, CPA, CFE, CFF

National statistics reflect that many employees, at all levels within a company, can...

Read More »
0 Comments »

When a purchase involves both cash and stock, buyer and seller beware

There is risk on both sides of a transaction when a privately held company is issuing shares as a component of deal consideration. There are competing interests that can heighten the incentives for, and the likelihood of, overpayment or underpayment.

We are all familiar with the phrase “cash is king.” Why is it, though, that cash is crowned king and not real estate, bonds or LeBron James?It all boils down to the fact that everyone can agree to the value of a dollar bill without dispute — $1 is...

Read More »
0 Comments »

Business Transition Planning: What is My Multiple?

Business owners and financial managers love to know what their businesses are worth.  One of the most common financial terms referenced when desiring to know a business’s value is its multiple. 

There are all sort of multiples referenced in discussions or in the context of industry articles and publications.  Some multiples are based on revenues or sales, while others are based on some form of earnings, whether it is pre-tax income, seller’s discretionary earnings, or earnings before interest,...

Read More »
0 Comments »

Business Valuation & Litigation Support E-Newsletter: February 2013

This month's issue of Valuation & Litigation Advisory Insights includes the following articles:

Fair Value and Financial Reporting Valuations: Measuring the Intangibles“That quarterback has all the intangibles.” This is a pretty common phrase that is thrown around by sports reporters during the weeks and months leading up to...

Read More »
0 Comments »

When Did You Last Check Your Credit Report? A Once a Year Review Should Be Performed

Last night, I received a telephone call at home from a collection agency wanting me to pay a $92 outstanding traffic ticket from the City of Tampa, FL.  I have only been in Tampa once and did not have a car.  As a result I could not have received that ticket.  I’m hoping that this individual just made up a telephone number and that number just happened to be mine.  But it got me thinking.  Why?

This week, the Federal Trade Commission (“FTC”) released a report which concluded that one out of four...

Read More »
0 Comments »

Free Offer Friday: Fair Value and Financial Valuations: Measuring the Intangibles E-Book

Generally Accepted Accounting Principles (GAAP) require that a company’s intangible assets be valued and recorded in the event it is purchased by another company in a business combination. Knowing how intangible assets are valued and how to account for them can go a long way in making sure that the accounting for a new acquisition goes smoothly and will pass your auditor’s review. After reading this e-book, you'll have a better understanding of these basic valuation concepts:

  • Purchase Price...
Read More »
0 Comments »