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So far IAG Forensics has created 141 blog entries.

Potential Challenges To Opposing Expert’s Valuation Report-Income Approach (Part 1 of 3)

Pursuant to the Statement on Standards for Valuation Services #1 issued by the American Institute of Certified Public Accountants (AICPA), the Internal Revenue Service Revenue Ruling 59-60,  1959-1 CB 237, and Miller v. Miller, 705 S.E.2d 839 (2010) “In developing the valuation, the valuation analyst should consider the three most common valuation approaches:

Income (Income-based) approach
Asset (Asset-based) approach or cost approach
Market (Market-based) approach.” 1

“Although the asset approach can be used in almost any valuation, it is seldom used in the valuation of operating companies…The value of all tangible and intangible assets is captured, in aggregate, in the proper […]

By |September 26th, 2017|Uncategorized|0 Comments

Expense Report and Purchasing Fraud

This is the third installment in a series of articles describing various ways in which fraudsters are able to “game the system” at your company’s expense. In this installment, we explore different expense reporting fraud schemes that we have encountered in the course of our investigations.
The purpose of having employees submit expense reports for reimbursement of corporate expenditures is simple: it provides the company the ability to review and authorize employee spending, leaving the financial risk for improper expenditures with the employee. Similarly, companies institute purchasing controls to mitigate the risk that employees will purchase goods and services for personal […]

By |August 1st, 2017|Fraud and Forensics|0 Comments

IAG Forensics & Valuation Recognized by Daily Report Readers

 

The Attorneys have voted! We are pleased to announce that we were voted “Best Of 2017” in two categories by readers of the Daily Report. IAG Forensics & Valuation finished in the “Top 3” as Forensic Experts and Forensic Accounting Firms.

By |June 26th, 2017|IAG Bulletins|0 Comments

Factors That Affect Equitable Distribution of Business Interests

Halpern Case Revisited

By: Maty Varon

One of the landmark cases in Georgia Family Law is Halpern v. Halpern, 352 SE 2nd, 753.  The case analyzes if the increase in value in an entity was caused by market forces (passive) or marital efforts (active participation).  The answer to this question dictates the extent to which the non-owner spouse is entitled to an equitable distribution.  There are important factors beyond Halpern that need to be considered and analyzed by the financial expert which will assist legal counsel in making their argument.

Let’s assume husband started a business prior to the marriage, or acquired the […]

By |March 23rd, 2017|Legal News and Views|0 Comments

A Successful Day of Learning in Cobb!

Sean Ditzel, President of the Family Law Section of the Cobb County Bar Association, recently hosted an almost standing room only all-day CLE event. The large crowd heard from many attorneys and experts in the family law field.  Included in the experts, IAG’s own Dan Branch provided hot tips for countering potential strategic arguments that an opposing counsel could make when looking at minority interests in privately held businesses.  Who knew that pending changes to the Internal Revenue Code (specifically IRC Section 2704) could be so exciting and potentially impact minority interests in the family law arena?   For more information […]

By |February 16th, 2017|Uncategorized|0 Comments

Forensic Accounting in Divorce by The New York Times

Even if you don’t have hundreds of millions in assets to go missing, this article can teach you a lot about how money can be hidden.  Learn some of the dark sides of the global offshore financial system that people can use to hide assets in this financial sleuthing article written by The New York Times.

By |January 11th, 2017|Fraud and Forensics|0 Comments

Erica Sandberg Discusses Compulsive Spending By A Spouse

Erica Sandberg, a personal finance author, answers a question about compulsive spousal spending and how to deal with it. In her article she details different steps one might want to take if you find yourself in that situation and even gets input from Atlanta divorce attorney, and friend, Randy Kessler. Click here to see what she has to say!

By |January 10th, 2017|Legal News and Views|0 Comments

Personal Use of Corporate Funds – Credit Card Fraud

How many different ways are there to commit fraud in a small business?  The possibilities, unfortunately, can be endless when owners and management do not have solid internal controls in place or the willingness to acknowledge that “it could happen to me.”  This will be the first installment of several to explore the various fraud schemes employed, sadly, by those you most trust.

One of the most common issues we have seen when called to perform fraud investigations can be obvious if you knew to look for it – personal use of corporate funds.    This can take on many forms.  In […]

By |January 10th, 2017|Uncategorized|0 Comments

IAG’s Team Concept Brings Value To Every Case

Our goal is to add VALUE to every case. What that means to us is that we must bring talents and skills that others involved in the case do not have, use those talents and skills to move the case forward, and work efficiently and cost-effectively.  We have assembled a team of folks at IAG with that goal in mind, true professionals who always put the client first.

We recognize that every time an attorney brings us onto his or her team, they are putting their professional reputation and relationship with their client on the line and we take that very […]

By |January 10th, 2017|IAG Bulletins|0 Comments

Making the Most of Mediation

Use mediation to move your case forward, even if there is no hope for settlement.  IAG Associate, Steve Scott, shows you how in this article which appeared in the October edition of the Cobb Family Law Quarterly.

By |October 25th, 2016|Legal News and Views|0 Comments