• QuickPress

    Tips for Evaluating the ROI of Diversity Programs

    When attempting to quantify the return on investment of diversity programs, companies should start by monitoring metrics such as employee engagement scores. Once this process is complete, companies should focus on improving problem areas with incremental, quantifiable goals. To read the full article in Forbes, click: Tips for Evaluating the ROI of Diversity Programs.

  • Financial Forensics - Litigation Consulting - QuickRead Top Story

    The Intersection of Advocacy and Financial Forensics

    The Role of the Expert in 21st Century Dispute Resolution—A Recovering Judge’s Perspective As technology evolves, the role of the expert and the interplay between experts and the judiciary will evolve. This change is already underway. In this article, QuickRead presents the presentation made by Retired Judge Platt at the NACVA and the CTI’s Annual Consultants’ Conference, held in Salt Lake City. Judge Platt describes this evolving landscape and employment opportunities. Introduction I appreciate this opportunity to discuss the role of the “expert” in the 21st Century profession of dispute resolution from the perspective of what I now call myself,…

  • Mergers and Acquisitions/Exit Planning - QuickRead Top Story - Valuation/Appraisal

    The Case of the Missing Post-Acquisition Income

    Finding the Culprits Whatever happened to the expected post-acquisition income? The author identifies the potential culprits. One of my favorite games as a kid was the murder-mystery classic Clue. How many of you remember trying to deduce the culprit, the murder weapon and the room in which the attack took place? “I think it was Colonel Mustard in the kitchen with the candlestick.” “I think it was Mrs. Peacock in the hall with the knife.” “I think it was Mrs. White in the billiard room with the lead pipe.” Clue was a great “whodunit” game in which players had to…

  • QuickPress

    Strategies to Retain and Advance Female Employees

    Here is a look at how one accounting firm has sought to boost diversity by offering flexible work-life balance initiatives as well as providing training and developmental programs meant to aid career advancement. To read the full article in The CPA Journal, click: Strategies to Retain and Advance Female Employees.

  • QuickPress

    Why Sharing Diversity Data Publicly can be Good for Your Company

    Publicly sharing diversity numbers—positive and negative—can be beneficial to companies because it shows a willingness to openly address diversity issues. Sharing the numbers also allows for a company to be held accountable for future progress in reaching diversity goals. To read the full article in CNN, click: Why Sharing Diversity Data Publicly can be Good for Your Company.

  • QuickPress

    Designing Development Programs that Work for Gen Z

    With Generation Z coming into the workforce, employers will need to create development programs that cater to the needs of this demographic group. These programs may involve self-directed learning and a focus on soft skills. To read the full article in Chief Learning Officer, click: Designing Development Programs that Work for Gen Z.

  • QuickRead Top Story - Valuation/Appraisal

    The Most Underutilized Tool in Business Valuation

    The Use of Common Sense and Experience The acceptance of tools such as Monte Carlo simulation and Option Pricing models has changed our ability to value options, warrants, and derivative instruments. The list goes on and on. However, as many of us are fond of saying, valuation is as much an art as it is a science. Many of our tools address the science, not so many of them address the art. In my opinion, one of the most underutilized tools that addresses the art side, may in fact be our own common sense. “Common sense is not so common.”-Voltaire…

  • QuickRead Top Story - Tax

    Tax/Personal Financial Planning

    Avoid Traps with a Timely Appraisal New basis-consistency requirements make defensible valuations of inherited property even more important. Informed taxpayers are aware that only the wealthiest individuals should have concerns about the federal estate and gift tax, for gifts given and decedents dying in 2018 through 2025. Thanks to the legislation known as the Tax Cuts and Jobs Act (TCJA), P.L. 115-97, the basic exclusion amount is more than $11 million per individual ($22 million for married couples), indexed for inflation. Now, estate planners are spending less time and using fewer resources trying to avoid federal estate taxes for clients.…

  • QuickPress

    Steps for Becoming a Better Leader for Millennial Employees

    With millennials constituting a significant chunk of the workforce, it is important for employers to avoid preconceived notions about this generation. Leaders should stay focused on the future and recognize that asking the right questions can encourage self-reflection among employees. To read the full article in Quartz at Work, click: Steps for Becoming a Better Leader for Millennial Employees.

  • QuickPress

    SEC Simplifies Disclosure by Public Companies, Money Managers

    The Securities and Exchange Commission has approved amendments to Regulation S-K aimed at simplifying and modernizing disclosure by public companies, consultants and money managers. The amendments are required under the Fixing America’s Surface Transportation Act of 2015. To read the full article in Pensions & Investments, click: SEC Simplifies Disclosure by Public Companies, Money Managers.

  • QuickPress

    Copyright Litigants Entitled to “Full” Costs, Not “Extra” Costs

    On March 4, 2019, the U.S. Supreme Court held that the Ninth Circuit’s expanded view of “full costs” in copyright cases was improper, going beyond the “costs” typically available to litigants in federal court. Rimini Street, Inc. et al., v. Oracle USA, Inc., et al., No. 17-1625, slip op. (U.S. Mar. 4, 2019.) This ruling overturns a $12.8 million award granted to Oracle USA Inc. for its “nontaxable costs,” which included expert witness fees, jury consulting fees and electronic discovery expenses. To read the full article in Taft, click: Copyright Litigants Entitled to “Full” Costs, Not “Extra” Costs.

  • Practice Management - QuickRead Top Story

    The Illusion of Value: Everything is Changing

    Consider Michael Jackson, the Empire State Building, and Myriad of Value Drivers (Part II of II) In this concluding article, the second of a two-part series, the authors conclude presenting additional illustrations that underscore their primary thesis: that in many businesses, value is illusory and there are a host of factors that are unanticipated and cannot be modeled. In this concluding article, the second of a two-part series, the authors conclude presenting additional illustrations that underscore their primary thesis: that in many businesses, value is illusory and there are a host of factors that are unanticipated and cannot be modeled.…

  • Practice Management - QuickRead Top Story

    Seven Strategies for Expanding Your E-mail List

    Options that Provide Superior Results Compared to Renting Marketers of accounting and valuation firms have long used e-mail marketing to nurture new and existing prospects. But what is the best way to develop a good list in the first place? This article provides seven proven strategies for building your firm’s e-mail list faster. Marketers of accounting and valuation firms have long used e-mail marketing to nurture new and existing prospects. But what is the best way to develop a good list in the first place? Here are seven proven strategies for building your e-mail list faster. More digital marketing tips…

  • QuickPress

    Falling Economic Confidence Now Affecting Hiring Decisions, Says Survey

    More than a third (35 percent) of employers intending to hire temporary workers expressed concerns over the availability of agency workers with the required skills—with the construction sector expecting the largest crunch in this area—while almost half (47 percent) of employers said they were using agency staff to manage uncertainty. To read the full article in People Management, click: Falling Economic Confidence Now Affecting Hiring Decisions, Says Survey.

  • QuickPress

    Business Leaders’ Top Concern is Moving to a Hybrid AI-Human Workforce

    Two-thirds of business leaders fear that their organization could become irrelevant if they fail to move to a “hybrid” workforce. According to research by Capita People Solutions, a successful transition to a combined human and artificial intelligence, or hybrid, workforce is the most important priority for 72% of leaders in the next five years. To read the full article in Personnel Today, click: Business Leaders’ Top Concern is Moving to a Hybrid AI-Human Workforce.

  • QuickPress

    Avoiding Cultural Mishaps in Your Business Writing

    Many of us today work in a cross-cultural environment. In such a setting, meaning may differ greatly when a writer comes from a culture different from that of the reader, whether the communication is between colleagues or those doing business with one another. This advice can help you compose and interpret professional correspondence. To read the full article in Financial Management, click: Avoiding Cultural Mishaps in Your Business Writing.

  • Practice Management - QuickRead Top Story

    The Illusion of Value

    Everything is Changing (Part I of II) In this two-part article, the authors present some illustrations that indicate the illusion of value of many businesses. Business appraisers have many tools to determine the value of a closely held business. So many so, that many “official” conclusions of value for the same business generate significant differences. This borne out by the normal expectation of rebuttal reports in marital and shareholder disputes, tax litigation over estate, gift and charity values of family businesses, and fair value situations. In some instances, there are multiple valuations. Many valuations are prepared to fulfill a purpose…

  • Healthcare - QuickRead Top Story

    Private Equity Investment in the Healthcare Industry

    Private Equity’s Fast and Furious Entry into Healthcare (Part III of III) The third of this three-part series examines why private equity and venture capital firms are targeting the healthcare industry and the issues that they encounter managing their healthcare portfolio. Private equity (PE) and venture capital (VC) firms are attracted by the potential for growth that exists in the healthcare industry; however, significant barriers also exist that may limit the expansion of PE and VC in healthcare, including the requirement for specialized knowledge to understand the operations of a clinical services provider, healthcare industry specific regulatory issues, latent long…

  • QuickPress

    The Evolution of Compliance

    As the regulatory landscape has evolved, compliance departments and the chief compliance officer (CCO) have become increasingly important, helping organizations to adapt. Many CCOs sit on boards and report directly to the chief executive. They are no longer on the outside looking in on business development; instead, they are a key cog in the machinations of the C-suite. To read the full article in Financier Worldwide, click: The Evolution of Compliance.