ACCOUNTING EXPERT WITNESS CASE STUDIES

Hedge fund administrator ignores red flags of Ponzi scheme ACCOUNTING Expert Case

Hedge fund administrator ignores red flags of Ponzi scheme

…  multitude of red flags and inconsistencies in the fund’s accounting practices and even manipulated the fund’s accounting in order to support an inflated net asset value calculation and …

Companies Negotiate Waiver of Fiduciary Duties ACCOUNTING Expert Case

Companies Negotiate Waiver of Fiduciary Duties

This case involves two American companies that held a combined majority interest in a California-based mobile telephone company. The two companies sought an outside investor to infuse additional capital into one of the companies. The companies approached  …

Telecommunications Company Undergoes Audit of Its Financial Statements ACCOUNTING Expert Case

Telecommunications Company Undergoes Audit of Its Financial Statements

…  would soon declare itself bankrupt. The company’s accounting department used accounting practices that showed constantly increasing profits. The accounting department wrote down millions of assets the company acquired and …

Arbitration Required in Purchase Price Adjustment Dispute ACCOUNTING Expert Case

Arbitration Required in Purchase Price Adjustment Dispute

…  the corporation did not apply GAAP (Generally Accepted Accounting Principles) in preparing either the reference balance sheet or the …  final balance sheet would be submitted to an independent accounting firm for final resolution, the corporation refused to do this. The …

Company Uses Aggressive Accounting Practices to Show Profit Boosts ACCOUNTING Expert Case

Company Uses Aggressive Accounting Practices to Show Profit Boosts

…  and CFO were fully aware of the lack of disclosure. The accounting department, comprised mostly of CPA backgrounds, underreported the …  after acquisitions. The CEO and CFO were indicted for accounting …

Accounting Expert Witness Discusses S Corporation Status ACCOUNTING Expert Case

Accounting Expert Witness Discusses S Corporation Status

…  case involves accounting malpractice. The plaintiff, a large, multinational …  one of the country’s premier CPA firms, to perform accounting and consulting services. Specifically, the defendant was responsible …  dismissed. The plaintiff then commenced a suit against the accounting firm for negligent accounting …

Finance Expert Witness Opines on Alleged Securities Fraud ACCOUNTING Expert Case

Finance Expert Witness Opines on Alleged Securities Fraud

This case involves a class of shareholders suing the defendant corporation for securities fraud . They alleged that the defendant, a large national technology company, repeatedly misled the investing public about their main product, a computer-processing c …