Valuations – The Numbers Do Not Always Tell The Correct Story
Possible, Plausible, and Probable - The Art of ValuationThe numbers don’t lie, so goes the old saying. We are taught early on to trust numbers. We learn that if Bob has three apples and Susie gives him two more, Bob now has five apples. This is easy to understand and...
read moreBusiness Valuation vs Forensic Accounting
In the original 1963 Pink Panther movie, the largest diamond in the world, named the Pink Panther, is stolen from Princess Dala. Then begins Inspector Jacques Clouseau’s never-ending quest to recover the jewel. In this situation, Princess Dala needs two professionals;...
read moreDouble Dipping
In Seinfeld, when George Costanza double dips his chip while attending a wake, he is getting two servings of dip using just the one chip. This creates an unpleasant situation for others, as it’s “like putting your whole mouth right in the dip”. In divorce cases,...
read moreBusiness Valuations – Understanding Normalizing Adjustments
In divorce cases, one of the more difficult assets to divide in property division is an ownership interest in a closely held business. A professional business valuation should be obtained to value the subject company for equitable division purposes. A business...
read moreHow to get Tax Returns from the IRS
Tax returns are used for many purposes in addition to filing taxes. Tax returns are required for loan applications, professional license applications, business appraisals, divorce proceedings, and other situations where financial disclosures are required. Lenders and...
read moreWhen a Business Valuation is Not Possible
Sometimes situations arise where parties desire to have a business appraised but do not have sufficient financial records for the business valuator to perform a valuation. There are two levels of business valuations that have different professional standards and...
read moreValuations – The Numbers Do Not Always Tell The Correct Story
Possible, Plausible, and Probable - The Art of ValuationThe numbers don’t lie, so goes the old saying. We are taught early on to trust numbers. We learn that if Bob has three apples and Susie gives him two more, Bob now has five apples. This is easy to understand and...
read moreBusiness Valuation vs Forensic Accounting
In the original 1963 Pink Panther movie, the largest diamond in the world, named the Pink Panther, is stolen from Princess Dala. Then begins Inspector Jacques Clouseau’s never-ending quest to recover the jewel. In this situation, Princess Dala needs two professionals;...
read moreDouble Dipping
In Seinfeld, when George Costanza double dips his chip while attending a wake, he is getting two servings of dip using just the one chip. This creates an unpleasant situation for others, as it’s “like putting your whole mouth right in the dip”. In divorce cases,...
read moreBusiness Valuations – Understanding Normalizing Adjustments
In divorce cases, one of the more difficult assets to divide in property division is an ownership interest in a closely held business. A professional business valuation should be obtained to value the subject company for equitable division purposes. A business...
read moreHow to get Tax Returns from the IRS
Tax returns are used for many purposes in addition to filing taxes. Tax returns are required for loan applications, professional license applications, business appraisals, divorce proceedings, and other situations where financial disclosures are required. Lenders and...
read moreWhen a Business Valuation is Not Possible
Sometimes situations arise where parties desire to have a business appraised but do not have sufficient financial records for the business valuator to perform a valuation. There are two levels of business valuations that have different professional standards and...
read more