News & Analysis as of

Asset Protection Internal Controls

Foodman CPAs & Advisors

Los Contadores Forenses son “Detectives Privados”

Foodman CPAs & Advisors on

El entorno actual de cambio creciente, las presiones económicas, la globalización, la tecnología, el gobierno corporativo, el cumplimiento y la complejidad de las transacciones financieras son las fuerzas impulsoras del...more

Foodman CPAs & Advisors

Forensic Accountants are “Private Detectives”

Foodman CPAs & Advisors on

The current environment of increasing change, economic pressures, globalization, technology, corporate governance, compliance and the complexity of financial transactions are driving forces behind fraud initiation. In...more

Akin Gump Strauss Hauer & Feld LLP

SFC Highlights Deficiencies in Asset Management Industry

• The SFC has identified nine common areas of non-compliance in managing funds and discretionary accounts. • The SFC urged licensed corporations to review their existing internal control procedures and operational...more

Foodman CPAs & Advisors

After the Storm: Forensic Accounting = Record Reconstruction

Foodman CPAs & Advisors on

IRS is authorized to grant certain relief that may help Taxpayers and Businesses recover financially from the impact of a disaster when the federal government declares their location to be a major disaster area. IRS could...more

Foodman CPAs & Advisors

Indications of Misappropriation Schemes

Misappropriation is the use of property or funds of another person for an unauthorized purpose and is classified as a felony. In misappropriation, the perpetrator steals or misuses an organization’s belongings and resources;...more

Foodman CPAs & Advisors

The Value of Forensic Accounting Goes Beyond the Courtroom

Forensic Accountants play an integral role in the changing landscape of today’s business management and oversight. Successful business owners prepare for the possibility of malware attacks, internal fraud, lawsuits,...more

Foodman CPAs & Advisors

Asset misappropriation – investigating people and money?

Foodman CPAs & Advisors on

Forensic accounting has been described as an “art and science” that investigates people and money. Forensic accountants are known for tracing funds (following the money), uncovering hidden assets and educating involved...more

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