ACCOUNTING EXPERT WITNESS CASE STUDIES

Telecommunications Company Undergoes Audit of Its Financial Statements ACCOUNTING Expert Case

…  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

…  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

…  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

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 …

Fiduciary Expert Witness Discusses Actions of Retirement Plan Sponsor ACCOUNTING Expert Case

This case involves a retirement plan sponsor who hired an adviser for the plan. The defendant worked for a small company, and had been an employee for over thirty-three years. Part of her job was to manage the retirement plan for the employees of the compa …

Ad Space Agent Sues Over Unpaid Commissions ACCOUNTING Expert Case

Ad Space Agent Sues Over Unpaid Commissions

This case involves unpaid sales commissions for a salesman who quit. The plaintiff worked at a magazine and was in charge of selling ad space to different companies. The magazine, however, was barely breaking even, and instated new policies of unpaid trai …

Company Sues Lender Over Changes in Their Refinancing Agreement ACCOUNTING Expert Case

This case involves two business owners who wanted to refinance their business property. The plaintiffs wanted to refinance with a limited recourse note, which would eliminate the possibility of personal liability. They went to a broker who recommended a co …