Keeping on top of tax compliance is one aspect of the working relationship that debtors and bankruptcy professionals have with accountants or financial advisors. One pitfall I’ve seen is that…
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…
For-profit companies are always searching for ways to improve their efficiency and productivity—otherwise known as the “bottom line.” Nonprofit organizations have the same needs. Similar to public corporations, the board…
Nonprofits are finding it increasingly difficult to operate under the continued financial uncertainty and regulatory pressures of the last several years. Many have reached the point where they have begun…
Ratings agencies track the financial condition of bond issuers and update their ratings if and when necessary. Many credit ratings are upgraded or downgraded by these agencies each year. Such…
According to the U.S. Census Bureau’s Census of Governments report, the number of state and local government employees decreased 0.2% and 1.5%, respectively, from 2010 to 2011, the latest available…
Looking to achieve a financial goal? Whether it is something small like the latest new gadget, large like a down payment for a house, or ongoing like retirement, saving is…
The following is an excerpt from Mr. Kamen’s highly-acclaimed book, “Reclaim Your Nest Egg: Take Control of your Financial Future,” published by Bloomberg Press. We all know how hard it…
As the first baby boomers approach their 70s in a healthier state than any prior generation, and as medical expertise and technology improve, it is vital that they address the…