NEWS

Gleason & Associates Announces New Hires (4/08)

ARTICLES

Business Valuation
Valuable Buy-Sell Agreements - Comprehensive, unambiguous buy-sell agreements can help clients avoid contentious, costly, time-consuming valuation disputes. When drafting or revising a buy-sell agreement, consider these details.

Quality In, Quality Out - Despite the new AICPA standards for business valuation engagements, the strength of a valuation conclusion is only as good as the accuracy of the data used by the analyst. TO READ MORE

Valuation Standards Raise the Bar - When the American Institute of Certified Public Accountants (AICPA) implements its first formal standards for business valuation engagements on January 1, 2008, every CPA will be required to follow the same guidelines for conducting valuation analyses and documenting the findings. Thatís good news for clients. TO READ MORE

Common Sense Rules in Valuation - Because the complex nature of valuation allows people to hide unreasonable assumptions, it's important to do a sanity, or reasonableness check on numbers that result from a valuation analysis. TO READ MORE

How Much Is a Business Worth? Just as beauty is in the eyes of a beholder, a company’s value is relative. TO READ MORE

Lost Profit Damage Claims
Claiming Lost Profits for Start-Ups – Forecasting a loss with "reasonable certainty," the benchmark required by the courts for a business to claim lost profits, can be difficult for a start-up company with no operational history. TO READ MORE

Forensic Accounting
Good Companies Gone Bad – Why some companies still go bankrupt the old-fashioned way. TO READ MORE

Economic Damages
Taxing Damage Awards – The IRS treats damage awards for personal injury and commercial claims very differently. Understanding the differences and their tax implications before a settlement is negotiated can help manage client expectations. READ MORE .

Cause and Effect – Legal precedent says that damages must be proximately caused by the wrongful conduct of a defendant. To determine the appropriate economic impact of the alleged wrongful conduct, we also need to know who and what caused the damage. READ MORE .

Pre-Judgment Interest Isn’t Simple – Often it’s law and not a financial argument that governs how pre-judgment interest is calculated and awarded. READ WHY.

Damage Theories: The Economic of Harmful Events – The most common economic damage theories encountered in commercial litigation. TO READ MORE

When Loss Is Personal - Damage claims for employment loss, injury and wrongful death. TO READ MORE

Documenting Damage Claims – It's not enough to ‘say’ you’ve been harmed; you have to prove it. Gleason & Associates’ Heather Bays shows how documentation can help or hurt a damage claim. TO READ MORE

When $1 Isn’t Worth a Dime – Damage claims are almost always worth less than their stated face value, thanks to the “discount rate,” the financial rate used to reflect risk and convert a future payment or series of payments into a present value. TO READ MORE

Intellectual Property
Reconstructing the Market – Quantifying lost profits and reasonable royalty damages is like solving a mystery. How and to what extent would a patent holder have profited if an infringement had not occurred? TO READ MORE

Convoyed Sales Can Increase IP Damage Claims – Thanks to a concept known as convoyed (or collateral) sales, plaintiffs in intellectual property disputes may be able to recover lost profits on items related to the infringed patented product as well as the product itself. TO READ MORE

Calculating a Reasonable Royalty – When liability is established in patent infringement cases, patent holders are entitled to no less than a reasonable royalty. Here are some issues to consider. TO READ MORE

Financial Reorganization
Defending Preference Payments in Bankruptcy – If youíve received a payment for services within 90 days of a clientís bankruptcy filing, you may have to pay it back. Learn how to weigh your options.

Are You In the Zone? – Continuing losses and dwindling cash reserves are symptoms of a new and evolving but undefined area of bankruptcy known as the zone of insolvency. Early detection of these and other symptoms may help you and your clients prevent a business fatality. TO READ MORE