Valuations, Litigation and CPA Independence
Events such as the Enron and WorldCom scandals and the resulting Sarbanes-Oxley Act have put a spotlight on CPAs’ roles and the importance of auditor independence...

Lost Profits Calculation Methodology
Unfortunately, there are many causes of business interruption. A well-managed, successful entity can be faced with unexpected situations that delay or completely stop business operations and thus anticipated profitability. Business interruptions may be caused by the environment as in flooding, fire, or natural disasters. It can also be caused by contractual disputes...

Opportunity Found - Online Surplus Equipment Auctions
You know about eBay®, Amazon.com, and just about everyone in the Pittsburgh area had heard of FreeMarkets. Buying and selling over the Internet is no longer a phenomenon, but a standard way of doing business. Now, the efficiencies of the Internet are being applied to effectively sell surplus industrial assets and construction equipment...

FWIW - Winter/Spring 2007

FWIW is intended to inform readers of developments in the field of valuation. The articles written may, or may not, reflect the opinion of the authors. Please note, any advice contained in this publication was not intended, or written, to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein. This publication is distributed with the understanding that the publisher and distributor are not providing legal, accounting or other professional advice and assume no liability whatsoever in conjunction with the information contained within this publication.