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Financial statement fraud red flags are the patterns auditors, audit committees, and investigators look for when assessing whether reported numbers can be trusted. The AICPA Statement on Auditing…
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Forensic accounting sits at the intersection of accounting, investigation, and law, and it is the discipline that gets called in when something has gone wrong with the numbers.…
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The R&D tax credit is the federal incentive under IRC Section 41 that lets a taxpayer claim a credit equal to 20% of qualified research expenses over a…
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Section 1202 QSBS is the federal tax provision that lets shareholders of a Qualified Small Business exclude up to 100% of the gain on the sale of their…
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Crypto tax accounting starts from a settled IRS position: digital assets are property, every disposition is a realization event, and the gain or loss reported on Form 8949…
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FASB ASU 2023-08 digital assets accounting moves qualifying crypto holdings from a cost-less-impairment model to fair value with changes recorded in net income each period. The standard takes…
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Internal controls testing is the systematic evaluation of whether a company’s controls are designed to prevent or detect material misstatements and whether they actually operated effectively during the…
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A SOC 2 audit is an independent examination of a service organization’s controls against the AICPA Trust Services Criteria, and in 2026 it has become the de facto…
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EBITDA adjustments are the add-backs and subtractions a buyer applies to a target company’s reported EBITDA to arrive at the recurring, defensible cash-earning power that prices the deal.…
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A quality of earnings report is the buyer’s independent reconciliation of a target company’s reported EBITDA to the recurring, defensible cash-earning power that will survive closing. In a…