If you’ve decided to take a closer look at an Employee Stock Ownership Plan (ESOP) for your succession plan, you may be wondering what the next steps are. The typical next step is an ESOP feasibility study.
Did you know most fraud cases take months, even years, to detect? Business owners can have their company ruined in one scandal by a fraudster employee. Today, Chuck and Brittany are joined by Bob Nemeth, Apple Growth Partner’s in-house Certified Fraud Examiner and forensic accounting expert, to discuss how business owners can protect themselves and …
By Bob Nemeth, CPA/ABV, CVA, CDFA, Certified Fraud Examiner The Association of Certified Fraud Examiners (ACFE) estimates that fraud costs organizations worldwide nearly $4 trillion a year or five percent of the Gross World Product (GWP). The ACFE also reports that the median loss per case is $130,000. Usually, due to weaker internal controls, small …
by Bob Nemeth, CPA/ABV, CVA, CDFA, CFE | Principal – Business Valuation/Tax The decision to divorce can take an emotional and personal toll on both spouses. Not only can divorce become a sensitive, life-changing event, but it also requires financial consideration for both parties. This includes the need to ascertain the fiscal value of their combined …
by Bob Nemeth, CPA/ABV, CVA, CDFA, CFE | Principal – Business Valuation Did you know internal control weaknesses were responsible for nearly half of all occupational frauds according to the 2018 Global Study on Occupational Fraud and Abuse conducted by the Association of Certified Fraud Examiners? Furthermore, these weaknesses contributed to organizations losing 5% of their …
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