Bria, Author at Capstone Forensic Group LLC

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Look It Up! Solutions Through Accounting Definitions

By Rob Sanders May 25, 2022 We often receive questions about how to categorize a financial item. For example, is a royalty fee to a licensor considered revenue? What about the related obligation of the licensee to pay the royalty fee? We find the answers in the correct definitions of accounting terms. For example, the […]

How Does the Lowest Intermediate Balance Rule for Tracing Work?

By Ginny Christie and Jeff Compton May 25, 2022 Tracing funds through bank accounts is a complicated exercise, requiring a funds flow assumption. Typically, those commingling their own funds with those not belonging to them are considered to have spent their own funds first, and only then to have begun spending the funds not belonging to […]