by Larry Goldsmith, JD, CPA, MAFF, and Julieann Chaet, CPA So, there I am stuck in traffic attempting to get home from my day at the office, and I cannot find anything on the radio that I want to listen to. One commercial after another, or one not necessarily bad song, just not what I care […]
Forensic Accounting
by Larry Goldsmith, CPA, J.D., M.A.F.F. As a Financial Forensic CPA traveling down the road of hidden assets and hidden income, I often observe bad behavior meant to intentionally punish a former spouse. More than once, I have seen fear in the eyes of an innocent spouse who simply signed her name to a joint […]
by Larry Goldsmith, C.P.A., J.D., M.A.F.F. In a recent case (which happens to be someone I know) the Appellate Court of Illinois ruled: “That if you fail to engage in formal discovery to ascertain the respondents’ net worth or assets that were or were not disclosed, then you did not act diligently and therefore lose […]
by Larry Goldsmith, C.P.A., J.D., C.F.F.A. As a Forensic CPA, I often hear stories about clients or their partners, employees, or spouses who have stolen or have hidden assets. But there’s one scam which you don’t hear about very often and which should scare every business owner: what happens when your trusted payroll service fails […]
by Larry Goldsmith, C.P.A., J.D., C.F.F.A. Was it legal greed or ignorance that deprived a divorcing wife her reasonable financial settlement and left her destitute after a 30 year marriage? Recently a woman in distress called me to perform forensic accounting to ascertain and document the amount of income her husband truly received from a […]
by Larry Goldsmith, C.P.A., J.D., C.F.F.A. Why should your law firm or bank hire me and the CJBS team as your court-appointed receiver? Unlike some receivers who merely seek to profit from the quick liquidation of an operating entity, I strive to realize the business’ true net worth. I objectively analyze the business and develop […]