Forensic and Litigation

Dealing With Employee Dishonesty Allegations

In years past, employee dishonesty was recognized in straightforward terms, mainly involving the intentional misappropriation of cash or merchandise from a company by an employee. However, trends today demonstrate a dynamic shift towards sophisticated fraudulent schemes spanning several years, often involving financial professionals and the use of computers. Due to less stringent or non-existent regulatory…

Read More

Bitcoin in Brief: The Mystery Unraveled

Many of us have overheard or joined discussions with friends and colleagues regarding bitcoin.  Perhaps you have skimmed articles discussing its potential as a commodity or its future demise as a widely-accepted form of digital currency.  Nevertheless, bitcoin continues to gain supporters and detractors based upon the perceived benefits and risks associated with its use.…

Read More

Tax Planning is Essential to Asset Sales in Bankruptcy Cases

Asset sales are an integral part of bankruptcy cases.  When considering a sale’s benefit to an estate, the potential benefit to “Uncle Sam” should also be considered.  Will the debtor owe income taxes or incur a loss?  Tax planning should be considered as part of the sales process. Depending on the circumstances and the sale’s…

Read More

Data Analytics: A Valuable Investigative Tool

“Time is money” is an age-old expression deeply rooted in the lexicon of most individuals and businesses, especially those that derive their income by providing a service to others. In forensic and litigation support engagements, some of the most daunting tasks involve the procurement and analysis of large, disparate datasets. The ability to efficiently combine…

Read More

Tracking Data Theft By Thumb Drive

The theft of electronic information is rampant in today’s business world. It can be done by a disgruntled employee, a hacker looking to steal identities, or business partners looking to leave and start anew. USB devices are a convenient way to transfer files among colleagues, but they also serve as the primary means of data…

Read More

Attorney at Law Magazine Profiles Frank Pina

What drew you to a career as an accountant?  Did you ever want to be something else? Although being the Phillie Phanatic – the world’s greatest mascot – was my childhood dream, accounting has long been considered the language of business and I always fancied myself a businessman from an even earlier age. However, the idea…

Read More

The Role of the Forensic Accountant in Fraud and Defalcation of Business Assets

In many cases the forensic accountant is engaged too late. This usually results from lack of knowledge of the critical importance of discovery during the first five days of an investigation. Unless the forensic accountant is engaged at the time fraud is discovered, there is a high probability of the loss of critical evidence and of…

Read More