Tag Archives: forensic accounting

Workplace Fraud & 3 Steps By Forensic Accounting Experts

When you step foot into your place of work, you expect there to be a certain level of professionalism intact. This is not the case when it comes to workplace fraud, though, which is easily one of the most troubling instances that those in forensic accounting can direct your attention to. Does this necessarily mean that you have to put up with it? In my view, it’s a matter of figuring out how to prevent said fraud, which is an endeavor that can be done with these 3 methods in mind.

Before anything else, you should make note of the potential warning signs of those who may be involved in fraud. For example, let’s say that an individual may be living beyond his or her means; this may be where workplace fraud starts off. It’s also worth noting that there are certain employees who either do not take vacations or flat-out refuse to do so. Making note of signs like these should allow you to avoid workplace fraud with greater effectiveness.

If you’d like to know about the ways in which workplace fraud can be done, there are quite a few methods to take into consideration. Larceny – the process of taking money out of an accounting system when it has been placed there already – is perhaps the most common. This is done by those who, typically, have access to said system, as you can probably imagine. Workplace fraud can come about in quite a few ways; this just happens to be one of the most common.

For those who may be short on options, take it upon yourself to consult those who are higher in power. Authorities such as Gettry Marcus may be able to tell you about the importance of human resources, as it relates to your place of work. The reason why this is the case is because of possible open-door policies which will allow you to air your concerns without any fear whatsoever. This is yet another note that those in forensic accounting will understandably draw your attention to.

When it comes to workplace fraud, you have to make note of the ways in which it can be prevented on your end. This does not necessarily mean that you are in danger of encountering it but, in my view, I believe that it is most important to be prepared. The aforementioned list of 3 steps should be able to help you in the long term and it’s advised that you take them into account. If you are able to do so, your chances of avoiding fraud will become that much greater.

For specifics regarding forensic accounting and the benefits it can offer, please contact Gettry Marcus now.. Unique version for reprint here: Workplace Fraud & 3 Steps By Forensic Accounting Experts.

The Value Of Real Estate Experts By A Long Island CPA

What can a real estate specialist do for you in the long run? For those who are unaware, the work of a real estate specialist entails the facilitation of a home that is either to be bought or sold. There are many specifics to consider and it is because of this broad field of work that a Long Island CPA can see the worth in a real estate specialist. However, there are many more details to take into consideration and it’s clear that some of them are more worth talking about than others.

As many financial authorities, Gettry Marcus included, will be able to tell you, value hinges on various aspects. What if your house has a tremendous amount of furniture within it or there was work done in order to make a certain room bigger? Aspects like these will be able to play into a home’s overall value, which any Long Island CPA will be able to support. Value is an interesting components because, judging by this, it is an element that is made up of several parts.

What about the way in which a real estate specialist can help you select a house because of certain needs that you have? Maybe you are someone who likes to live a quiet life and isn’t interested in living somewhere that has various sounds and lights during nighttime. What this means is that the specialist in question will be able to point you to an option that will suit your needs. All you have to do is offer as many details as possible so that you can attain the most accurate results.

In order for a real estate professional to be as effective as possible, in my view, he or she must be personable. This individual must possess the sort of demeanor that allows others to become confident in the work that they do. It’s clear that finding the perfect home can be stressful and it’s clear that everyone involved in the process is going to have to put forth effort, to certain extents. However, the right attitudes maintained by those in real estate can help to make this process go by quicker.

The work that real estate professionals must undergo is difficult to overlook. As referenced earlier, there are so many details linked to either the purchasing or marketing of various homes and I do not think that anyone will be able to say differently on the matter. The efforts that real estate professionals must undergo are highly valued by many a Long Island CPA. If you are curious about purchasing a home for yourself but are unable to figure out how to go about this, don’t feel afraid to hire this professional.

If you’d like to employ a Long Island CPA for your monetary needs, get in touch with Gettry Marcus.. Free reprint available from: The Value Of Real Estate Experts By A Long Island CPA.

Insurance Fraud & The View Of Forensic Accounting Specialists

Insurance is one of the most crucial elements that every adult requires. This is especially true when accidents occur, whether through cars, in the bodily sense, or what have you. Even though insurance is helpful, to say the least, those who are involved in forensic accounting know all too well that fraud can happen as well. Do not be worried if you find this happening to you, though. All you have to do is keep these tips in mind so that fraud does not wind up affecting you in the long term.

When it comes to dealing with car insurance fraud, those in forensic accounting will tell you to document everything. Make sure that you have all of the pertinent details associated with the offending vehicle and do not leave a single one out. This goes for anything, including – but not limited to – the model of the car and its license plate number. The more that you have to go by, in an instance of auto fraud, the better off you will be when it comes time to appeal the case.

Social media can also be utilized in order to detect cases of fraud. One of the biggest perks of the Internet is the ability to pick up on information that wouldn’t have been obtainable otherwise. Let’s say that someone were to file a claim against you, for one reason or another, and that same individual goes onto Facebook in order to brag about it. An action like this comes across as suspect, to put it mildly, and it will help you that much more if you believe you’re a victim of fraud.

Various establishments, Gettry Marcus included, will be able to tell you to keep in touch with the best specialists. Those who understand forensic accounting, in particular, will be able to help because they know exactly how fraud can be seen. Not only is it something that can be tied to insurance but it is very possible that healthcare and non-profits can be struck by it as well. Fortunately, given the amount of experience these accountants have, focusing on the problem and tackling it quickly isn’t an issue for them.

If you are able to follow these tips, hopefully you will not have to deal with fraud. It is one of the more troubling financial situations that can arise, especially if you are someone who has the desire to take out a loan sometime in the future, whether it is for a home, automobile, or what have you. In order to keep yourself on solid financial ground, there are ways to make it happen. The tips listed above are just a few that you would be wise to follow.

Kindly get in touch with Gettry Marcus if you are inquisitive regarding implementing forensic accounting.. Unique version for reprint here: Insurance Fraud & The View Of Forensic Accounting Specialists.

Real Estate: Is It Worth It For Business Valuation?

In my view, real estate amounts to a lot, which is a point that probably goes without saying. The investment made on property that is valuable can have a number of different incentives for those who go about said investing, as business valuation authorities will be able to tell you. That being said, there are number of concerns that individuals should be aware of as well. What do these entail, though? There is much more to learn than I am sure most would have ever expected.

Real estate can be invested in for a number of reasons, one of them being the tax advantages that are tied to it. Taxes are some of the most important factors that homeowners should take into account and I believe that it’s worth noting how they can be done away with during the initial period of ownership. There is also the subject of deprecation to consider, as it entails the subtraction of the cost of the asset. These points can prove most useful from an economic standpoint.

There is also the idea of property and how it should go into the right hands after the owner has passed on. Gettry Marcus, as well as other names in real estate, can tell you about the importance of how property can be passed down to family members. This is a great positive, not only because of how the property will be maintained but how it may actually go up in value over time. Real estate is great for business valuation purposes but is everything about this field as positive as it seems?

What about legal considerations that can come from damages made to your property? It doesn’t matter if they are the fault of yours, either; anything that happens to the property will have to come directly out of your account. What if someone else is injured on your property? This is where real estate can become rather costly and it goes to show that only those who are focused on making sure that every facet of their property is strong will be the ones who benefit.

To put it plainly, real estate is not the type of field that everyone can get into. There are various locations to take into account and with so many different types of property that will go for different costs, assessing the long-term value for each of them can prove to be mentally taxing. However, for those who understand everything that comes with real estate, you may be happy to learn that much more about its benefits. Just make sure that you approach them as carefully as possible.

If you are inquisitive about uncovering more of business valuation, consult Gettry Marcus for details.. Unique version for reprint here: Real Estate: Is It Worth It For Business Valuation?.

Forensic Accounting: Which Marketing Methods Are Best?

As someone who is either in forensic accounting or is looking to make a career in said field, it goes without saying that marketing is going to have to be incorporated as well. You have to be able to present yourself to the masses in such a way that individuals will be driven to hire you. However, what are the methods of marketing that can prove to be the best? It is worth going over all of them and surveying the ones that are, to put it simply, worthwhile.

Those in forensic accounting might want to look to the Internet if they want to have a strong platform for marketing. Authorities on the matter like Gettry Marcus can tell you that social media, for example, has ballooned so much over the course of a few years that it seems as though every business that wants to make it has a presence there. Of course, there is more that is involved on the matter than simply creating an account. What else is there to consider, you may wonder?

When it comes to using social media, interaction is the name of the game. If you want to be able to make a name for yourself in forensic accounting, it is worth staying in touch with those who consult you, offering knowledge and guidance to those who require it. It is important to not only stay professional and learned but friendly as well. This will not only help to expand your business but allow others to feel more comfortable when it comes to doing business with you.

Aren’t there other platforms that can be put to use, though? This is very much true but it’s worth noting that they might not be nearly as effective as the Internet for advertising purposes. Radio, for example, is popular but is it exactly at the level of websites like Twitter in this day and age? In addition, keep in mind that advertising space on the radio can be quite costly. By comparison, if you are able to effectively utilize social media, it might cost you next to nothing.

What about television, which is arguably another popular platform for companies to make use out of? Once again, it is a matter of cost and it is debatable whether or not a certain company is willing to put forth the expense. In addition, those who still fully utilize cable come together as an audience that isn’t quite as large as it once was. Since streaming is slowly but surely becoming the standard of watching television, it’s apparent that there are some platforms that stand out more than others.

In order to uncover more about forensic accounting and how it might assist your financial standing, consult Gettry Marcus.. Free reprint available from: Forensic Accounting: Which Marketing Methods Are Best?.

Forensic Accounting Can Assist Your Mortgage

As you can probably imagine, there are a number of benefits to consider when it comes to paying off your mortgage early on. Not only will this allow you to save money in the long term but you do not have to worry about another type of debt that could bog you down. With that said, how will you be able to pay off your mortgage earlier than most might be able to? If you would like to know, perhaps those who are skilled in forensic accounting can lend a hand.

One of the first ways to pay off your mortgage quicker would have to be through biweekly payments. You may look at this and wonder, “Well, since I’ll be doing it every two weeks as opposed to every month, this means that I’ll save more money, right?” You would be correct on the matter, as 13 monthly payments would be made as opposed to the standard 12. If you have the means to account for this and your bank will allow you to make biweekly payments, it’s a smart option to consider.

Tax refunds are some of the most important financial matters seen on a yearly basis, as you can probably imagine. Everyone utilizes them for different purposes, whether it’s for down payments on cars or what have you. However, is it possible that you can take what you’ve earned from your refund and apply it to your mortgage payment, allowing more than the payment entails to be seen? Seeing as how this can actually quicken the payment process, it is one such point that should not be overlooked.

Those who work within the realm of forensic accounting will also be able to tell you that it’s for the best to hire a specialist. Authorities along the lines of Gettry Marcus may be able to help you early on, if you are looking to buy a home, by assisting you in choosing the best possible rates. Not only will this allow you to save more time taken on the matter but more money as well. It’s for these reasons that you will want to have a consultant on-hand.

There is an element of challenge to take into consideration when it comes to making mortgage payments. It’s not out of the question to consider that you will make said payments slower than others but this does not mean that you are without help. In fact, the steps listed above are just a couple that should be able to help you better keep your mortgage regulated. The steps in question are ones which, in my view, that those in forensic accounting can support.

Get in touch with Gettry Marcus if you are curious about employing the utilities of forensic accounting specialists.. Unique version for reprint here: Forensic Accounting Can Assist Your Mortgage.

Understanding The Best Healthcare Plan Through Business Valuation

To say that there are various benefits to consider with business valuation would be nothing short of an understatement. These can parlay into various fields, healthcare being perhaps one of the most important. Everyone is going to have to take this into serious consideration at some point or another but what are some of the most important aspects, you may be wondering? These are just a few that should help you select the best possible plan for you alone.

When it comes to healthcare plans, in general, authorities such as Gettry Marcus can tell you about the importance of preexisting conditions being covered. One of the aspects to consider, though, is that not all plans are able to cover these to the same degrees as one another. As a result, the best plans should be considered and, in most cases, they are ones which do not tack on extra costs. If you are someone who has a preexisting condition, it’s important to choose your plan carefully.

Cost, in general, is another important aspect that is linked to a strong healthcare plan. This is especially true for those who are younger – mid-twenties or so – since they are going to reach a time when they are no longer on their parents’ healthcare plan. as a result, you have to select one that will be able to suit your needs before you reach the age of 26. If you are curious as to what this entails, there is nothing wrong with getting in touch with a specialist. In fact, it’s one of the best moves that you can make.

If you have doctors that you trust, see if the plan that you have in mind covers their services. While it’s easy to assume that you can easily carry what you had before to your upcoming plan, there are a number of technicalities that can make this more difficult than it probably should be. However, if you use doctors and other medical specialists under a specific plan, you will be open to other benefits. This step, more than anything else, shows that healthcare is an intricate aspect that everyone must approach.

It’s understandable that the ability to find a strong healthcare plan is one that not everyone will have at the onset. This has to be learned about and there are a number of ways in which this can be done. You have to be able to conduct research, not only in terms of what plans offer but how affordable they will be for you in the long run. The better you understand these elements, the likelier it is that you will select a healthcare plan that suits your needs.

For further information about how business valuation experts can direct you to the best healthcare plans, contact Gettry Marcus.. Unique version for reprint here: Understanding The Best Healthcare Plan Through Business Valuation.

Business Valuation & 3 Ways It Is Used

Generally, business valuation is defined as the assessment of economic value for a company, firm, or what have you. However, there is far more to consider with this particular process that it’s easy to forget that it can be used for a number of reasons. Why is this that this particular process stands out so much? If you are curious as to why there are many clients that make use of this type of valuation, here are 3 ways in which it can come into effect.

One of the ways in which business valuation can come into play is through the purchasing of a business. If you are someone who is looking to acquire a certain brand, chances are that you are going to want to know just how prestigious it is on a wide scale. The better an idea that you have as far as this is concerned, the more confident you will be in staking money into the business in question. This is just one of many purposes that firms like Gettry Marcus can attest to.

It is also worth noting the idea of liquidation but what it is that makes this so important, you may wonder? For those who do not know, liquidation is the process in which a business – more specifically one that is about to cease operation – will distribute the remainder of its assets to various parties. This is where business valuation can come into play, as it will be able to help determine the value of the assets in question. This will ensure a far more even value of assets seen.

Finally, you might want to bring this practice into effect when a fairness opinion has to be seen. What a fairness opinion entails is an evaluation of terms associated with a merger, acquisition, or what have you. Basically, this opinion is put into place so that it can be determined whether said merger or acquisition is fair for all parties involved. This will give everyone a better idea of where they stand and it will allow the endeavor to progress in a far easier fashion.

There are various aspects to consider when it comes to business valuation and, as a result, many different uses. I have no doubt that others will agree, especially when it can come into play in the above scenarios. Does this necessarily mean that such a level of valuation is linked to these instances alone? I do not believe this to be the case; it’s just a matter of conducting research in order to see the number of other ways it can prove itself in the long run.

To learn more about the ways that business valuation can help your financial standing, consult Gettry Marcus now.. This article, Business Valuation & 3 Ways It Is Used is available for free reprint.