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Calculating Fraud Damages Isn’t as Simple as It May Seem

When businesses are defrauded, courts can — and in some states must — order restitution. But it isn’t always easy for judges to decide how much a company has lost. That’s where fraud experts can help.

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How Much Is Goodwill Worth? FASB Allows Nonprofits to Use Simpler Report

The Financial Accounting Standards Board (FASB) released an accounting standard on May 30, 2019, that allows nonprofit organizations to use simpler, less expensive techniques available to private companies to report goodwill and certain identifiable intangible assets. The recent update is effective immediately. It’s intended to provide donors and other financial report users with more comparable information on how certain kinds of acquired intangible assets fared in the long run following a merger and acquisition (M&A) transaction.

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