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 […]
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? […]
By Ginny Christie 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 them. This is known as […]
