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By Rob Sanders, CFA, CFE Companies control and benefit from assets. The assets are financed through advances of debt (borrowing) or equity (owner contributions).[1] Disputes can arise as to the character of a transaction as debt or equity, requiring a comprehensive analysis to resolve. Why does it matter whether a transaction is debt or equity? […]
Is it debt? Or is it equity? Consider the factors to find out. Read More »
The dictionary defines solvency as “the ability to pay all the money that is owed”. Specific definitions exist in various contexts. A trained financial expert can prepare an analysis (“solvency analysis”) to reach a conclusion of solvency suitable for the context. Solvency analyses support claims in litigation in state or federal court, or in adversary
Was the company solvent? A financial expert can help. Read More »
As businesses grow and get more complex, so does the size of their data. Businesses often maintain their data on systems such as SAP, Oracle or their own proprietary software. This data is important in the discovery process, and it is becoming more common for parties in litigation to produce electronic data sets containing hundreds
The Power of Microsoft Access to Handle Large Data Sets in Litigation Read More »
In a stunning collapse reminiscent of Enron, the cryptocurrency exchange FTX, once valued at $32 billion, filed for Chapter 11 bankruptcy on November 17, 2022. The newly appointed CEO, who authorized the Chapter 11 filing and is tasked with maximizing value to FTX’s creditors, was also involved in Enron’s restructuring. And yet, he testified that
Crypto Accounting: A Forensic Primer Read More »
Capstone Forensic Group LLC is pleased to announce that Rob Sanders and Jeff Davidson recently became certified as Accredited Petroleum Accountants (APA®) by the Council of Petroleum Accountants Societies (COPAS). COPAS is a professional member association for the industry’s most knowledgeable and influential petroleum accountants. “We are excited to join this distinguished group of accountants and
Congratulations to Our Newest COPAS Accredited Petroleum Accountants! Read More »
Companies control and benefit from assets. The assets are financed through advances of debt (borrowing) or equity (owner contributions).[1] Disputes can arise as to the character of a transaction as debt or equity, requiring a comprehensive analysis to resolve. Why does it matter whether a transaction is debt or equity? Reasons include differences in tax
Mixing with Mixon: 13 Factors for Identifying Debt versus Equity Read More »
Starting June 1, 2022, Capstone Forensic Group is officially open for business. Founded by former Compton & Wendler, P.C. employees, Capstone will continue to provide you with the same high quality of service you have come to know from working with our talented set of professionals. Capstone provides a full suite of forensic accounting, litigation
Capstone Forensic Group Officially Launches Read More »
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 Financial Accounting Standards Board (FASB) provides
Look It Up! Solutions Through Accounting Definitions Read More »
By Lorène Becker June 15, 2020 As businesses grow and get more complex, so does the size of their data. Businesses often maintain their data on systems such as SAP, Oracle or their own proprietary software. This data is important in the discovery process but it is becoming more common for parties in litigation to
The Power of Microsoft Access to Handle Large Data Sets in Litigation Read More »
By Ginny Christie June 4, 2020 Our perceptions of reality have been literally and figuratively altered in the digital age. Increasingly, software becomes available to manipulate images. Now, software exists from multiple vendors to alter bank statements with startling facsimile to the original statements. This regrettably encourages wrongdoers and frustrates detection of fraudulent transactions. If
Fake News, Fake Bank Statements Read More »