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The importance of strong internal controls cannot be overstated. They form the foundation for financial integrity, operational efficiency, regulatory compliance, and, ultimately, long-term business success. This article explores how strong internal controls not only safeguard against fraud but also serve as a catalyst for business growth and sustainability.| QuickRead | News for the Financial Consulting Professional
The authors share personal stories regarding the challenges they have faced in cases that involve people with diagnosed and undiagnosed narcissists disorders. Men and women with this disorder are especially challenging and the authors share what they have learned to mitigate the damage a person with this disorder may have in a case.| QuickRead | News for the Financial Consulting Professional
How do you price your business valuation engagement? What about a litigation support engagement? In this article, Rod Burkert discusses how to value your professional engagements.| QuickRead | News for the Financial Consulting Professional
In a much-anticipated clarification, the U.S. Copyright Office has officially ruled that works involving artificial intelligence (AI) can be eligible for copyright protection, but only when a human hand plays a meaningful role in shaping the final result. In short, AI can assist, but it cannot claim authorship.| QuickRead | News for the Financial Consulting Professional
Daubert motions are commonly raised to exclude experts. In this article, the author underscores the importance of questioning a client’s representations and documenting the basis for damages calculations. The failure to do so exposes the expert to challenges on the basis that the opinion is flawed because it is based on speculation and questionable assumptions.| QuickRead | News for the Financial Consulting Professional
In this article, the author uses a case study to explore how forensic accountants used analytics to identify discrepancies in financial records and support financial investigations.| QuickRead | News for the Financial Consulting Professional
An AI prompt to help you create a financial plan| QuickRead | News for the Financial Consulting Professional