Due diligence is an essential element of a successful Acquisition
Due diligence is an essential element of a successful Acquisition When purchasing a business the due diligence stage allows the buyer to assess the value…
Legal or Illegal?
Legal or Illegal? As for children, the world expects them to follow various rules. The older the child, the more that is expected. Parents, while…
Fiduciary forever?
Does a fiduciary have responsibility for a closed retirement plan ad infinitum? I recently was contacted by a former employee of 17 years ago on…
Use of administrative assistants in Expert Witness work
This is an interesting rule, which came up recently in a case: An expert witness is permitted to use assistants in formulating his expert opinion,…
The Latest Frauds
Every time I hear of a fraud that occurred to someone I know or a potential client I cringe. There is someone, oftentimes with a…
Ten Key Drivers of Company Value
In our current time of economic volatility, social unrest, and political partisanship, simple questions rarely have simple answers. For an owner-operator of a small- to…
Understanding Seller’s Discretionary Earnings
Understanding Seller’s Discretionary Earnings: If you have acquired or sold a small company, or had one appraised, you’ve probably heard the term “Seller’s Discretionary Earnings”….
Spoofed Emails Enable Purchase-Order Fraud
This case involved a Nigerian crime ring that stole Apple computers and devices by impersonating U.S. defense officials. Make sure purchase orders pass the “smell…
Why Did I Go to Law School?
I’m a CPA and have been a Controller/CFO for over 30 years. I’ve learned a lot about accounting, tax, budgeting and M&A, valuations and damage…
How to Buy a Tech Company?
There are thousands of small tech companies for sale at any time-they are often websites that take 1 or 2 people to run. You can…