Forensically Speaking

On this episode of Forensically Speaking, Jonathan Marks, CPA/CFF, CITP, CGMA, CFE, a partner in Baker Tilly's Global Forensic and Litigation Services group, delves into best practices for businesses and organizations planning for and responding to a sudden emergency crisis situation.

Visit Jonathan's blog: https://boardandfraud.com/

Visit Baker Tilly: https://www.bakertilly.com/

Valuation experts can help businesses determine their value using a number of different methods, but there are some pitfalls to watch out for in the analysis. Our guest, Frank Wisehart, is a Partner in RGL's San Francisco office. He joined us to talk about the primary approaches to business valuation and some of the more common valuation errors he has seen throughout his career.

The passage of The Tax Cuts and Jobs Act (H.R.1) in December 2017 brought many changes to the US tax code, including a new set of provisions regarding the tax deductibility of alimony. Our guest, Briggs Stahl, joins us to discuss this new provision and what it means for family law professionals. Briggs is a partner in the Tampa office of RGL Forensics, and has focused his career on quantifying damages in a variety of legal disputes.

Welcome to Forensically Speaking, a podcast covering forensic accounting and technology topics for professionals in the legal, insurance and corporate markets. In this episode, we discuss the importance of measuring economic damages in legal disputes. Our guest, Jeff George, has been a forensic accountant for over a decade and provides deposition and trial testimony in a variety of legal cases.

As with many things in life, it's often all about the money. But in a legal dispute, calculating the financial impact of the case and being able to relay that clearly to the jury are key. That is when the financial experts are brought in. The role of any financial expert is to come up with their own independent calculation – regardless of who hires them. More specifically, a damages expert is hired to quantify the lost profits, extra expense and other financial damages that are a direct result of the alleged actions in a case. Hear what Jeff has to say about when to bring in the financial expert in a case.