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 […]
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 […]
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 […]
