
Business today is complex and full of challenging situations. Perhaps none is more challenging than those involving litigation and an forensic accounting investigation. These challenges require specialized, experienced and capable support. Our experienced accounting professionals focus on providing litigation and forensic accounting services, conducting fraud investigations, and assisting counsel in litigating cases.
Investigative Accounting
As CPAs trained and experienced in investigative accounting, we are often engaged to uncover hidden assets, unreported income or overstated expenses and other misstatements involving the financial disclosures of an individual or business entity. We have also been engaged to investigate the potential for financial fraud or quantify the monetary damages for prosecution and insurance recovery purposes.
Matrimonial Consulting
We specialize in the financial aspects of divorce and have assisted attorneys as consultants and experts in the valuation of intangible assets such as the goodwill of a closely held business or the enhanced earning capacity of a degree or license earned during the marriage. In addition, we value pensions and stock options and participate in settlement negotiations and mediation. Finally, we have testified in numerous divorce cases and have served as court appointed experts.
Stock Options
The issue before divorce courts is the extent to which an interest in a stock option plan constitutes marital property when the plan comes into existence during the marriage but is contingent on the employee spouse's continued employment after the divorce. We have significant experience in determining the appropriate coverture fraction and have valued stock options for publicly traded companies.
Pension Valuation
In some cases, the participant spouse might offer to buy his or her spouse out of his or her share of the pension. Applying the marital coverture as required under case precedent, a pension valuation can be provided quickly and inexpensively.
Tax Planning
After valuation issues are settled, our expertise as CPAs allows us to structure the terms of the settlement. In addition to our proprietary valuation software, we have customized divorce-planning software, that instantaneously calculates guideline child support and the after-tax cash flow of the parties after maintenance and a distributive award. This sophisticated program provides a comparative analysis of various settlement and support scenarios.
Quantification of Economic Damages
We have considerable experience in cases where we are required to calculate the monetary loss as a result of a breach of contract, wrongful death, personal injury and wrongful termination. We also have been engaged in several insurance related cases to determine the lost earnings for business interruption insurance purposes.
Settlement & Negotiation
Often we are asked to assist attorneys in settlement of the financial issues or we are asked to meet with the opposing expert to bridge the gap of our respective opinions. In addition, we have been court appointed as forensic and valuation experts and have served the judiciary as a receiver for troubled companies.
Trial Services
Trial services involve trial preparation and expert testimony as well as preparing visual aids for use at trial. It also may involve assisting with case strategy and discovery and preparing questions for use at depositions and trial. We have been qualified and have rendered expert testimony across several counties of the New York State Supreme Court and Federal Court.
Offering Memorandum
Marketing a business for a potential sale requires a professionally prepared company profile. Our offering memorandum not only highlights the nature and history of the company's business, it also effectively communicates the financial data in a widely accepted format.
Financial Research
What are businesses in the restaurant industry selling for? What are reasonable levels of compensation for the CEO of an electrical contracting company? Brisbane Consulting Group has access to considerable business and financial resources that can be used to compliment other financial analyses.
Intangible Assets
Increasingly, intellectual property dominates the business landscape. Brisbane Consulting Group can establish the value of distinctive properties such as patented technology, trade secrets, trademarks, copyrights and other unique intangible assets.
License/Degree Valuation
In the wake of several landmark cases, the valuation of a professional license, degree or certification earned during the marriage is often the most valuable asset of the marital estate. At Brisbane Consulting Group, we perform the valuation of enhanced earning capacity on an individualized basis analyzing the expected earnings with and without the license/degree and assessing the relevant risk of maintaining the expected earnings throughout the subject's remaining work life.
Business Valuation
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