White Paper

6 Pages
  • 6 Pages

Forensic Accounting: Financial Reporting Distortions

 
When reviewing financial statements, always make sure the financial statements correlate with the underlying books and records of the business. There are certain general financial abuses you should be looking for such as the duplicate processing of income or expenses; the recording and reporting of transactions before they occur; the shifting of current income or expenses to a later or earlier period; whether profits or losses are the results of non-recurring transactions; whether income is being assigned to business partners, family members and/or close, personal friends; and whether there are income timing differences due to accrual versus cash basis of accounting. This white paper reviews these key items to look for and discusses expenses, liabilities and tax credits that may identify undisclosed assets.

Faculty

Jeffrey W. Brend

Jeffrey W. Brend

Levin & Brend, P.C.

Agenda

Faculty

Jeffrey W. Brend

Jeffrey W. Brend

Levin & Brend, P.C.

  • Partner in the office of Levin & Brend, P.C.
  • Practice emphasizes all aspects of business valuation, forensic accounting, and mediation
  • Certified Public Accountant who is qualified as a financial expert to value businesses, determine net income, and complete financial investigations
  • Conducts regular seminars and workshops and has spoken nationally to the Association of Fraud Examiners, the Federal Bureau of Investigation, AAML, and the American Society of Appraisers
  • Author of several publications about business valuation, forensic accounting, and child custody issues, along with the textbook Accounting for Divorce
  • Featured in Fortune Magazine, Newsweek, and on the Sky Radio Network as one of America’s Premier Lawyers; only person in the country who is a fellow of the American Academy of Matrimonial Lawyers; Senior Appraiser with the American Society of Appraisers; Accredited Business Valuator with AICPA and a Certified Fraud Examiner; named a LexisNexis Martindale-Hubbell AV-rated attorney and an Illinois Super Lawyer as well as a Top-10 collaborative attorney in Illinois
  • Fellow of the Collaborative Law Institute of Illinois and a member of the International Academy of Collaborative Professionals and is exceptionally qualified to encourage the collaborative process from a multidisciplinary perspective
  • J.D. degree, John Marshall Law School
  • Can be contacted at [email protected] or 312-726-4440

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

  • Live Webinars
  • OnDemand Webinars
  • MP3 Downloads
  • Course Manuals
  • Audio Recordings*
  • Executive Reports
  • White Papers and Articles
  • Sponsored Live Webinars

Additional benefits include:

  • State Specific Credit Tracker
  • Members Only Newsletter
  • All-Access Pass Course Concierge

* For audio recordings you only pay shipping

Questions? Call 877-296-2169 to speak with a real person.

Sign Up Today

Access to all training products $699/year

Unlimited Lorman Training

With the All-Access Pass there is no guessing what you will need for your yearly training budget. $699 will cover all of your training needs for an entire year!

Easy Registrations

Once you purchase your All-Access Pass you will never be any further than one-click away from attending any Lorman training course.

Invest in Yourself

You haven't gotten to where you are professionally by luck alone; it's taken a lot of hard work and training. Invest in yourself with the All-Access Pass.