95% of attorneys did not major in accounting or finance.
Most attorneys did not major in accounting or finance. Your financial future can be at stake in litigation. Bring us on to your team to help with all aspects of the financial issues.
Services
Business Valuation
Determining the value of a privately held company requires a detailed analysis by an experienced and credentialed expert. Every valuation engagement we perform considers a thorough understanding of the economic and industry environment in which the company operates.
Forensic Accounting
We approach each forensic engagement with a big-picture mentality that involves identifying the most advanced areas to examine and employing the most advanced techniques.
Economic Damages
We work closely with clients and advisors to determine reasonable and highly defensible damage analyses and have the experience to testify in court regarding our findings.
Asset Tracing
Tracing is utilized in marital dissolutions, civil litigation and criminal cases. The purpose is the same, telling the story of where the money or assets came from, and where they went.
Receivership
Our team has served as a court-appointed receiver on numerous occasions for reasons ranging from marital disputes to the liquidation of a multimillion-dollar investment funds that collapsed under the weight of a Ponzi scheme fraud.
Litigation Support
Because accounting is the language of business, accounting experts can often clarify business transactions and explain the records reflecting them to lawyers, judges and juries.
1.
Initial Consultation
It may take just a phone call, or a meeting. We will meet with you and your attorney to discuss the status of your matter and how we fit in. The earlier in the process the better. We want to earn your trust.
2.
Data request and discovery
You may have everything we need to get started, but this is not likely. We will work closely with you to gather the required information. Document requests and subpoenas can be used to fill in the missing pieces.
3.
Data review and analysis
As documents and data is reviewed our scope may change. Additional documents are often sought to answer new questions.
4.
Depositions and Interrogatories
This is our chance to ask the questions. We will work with your attorney to ask the right questions based on our analysis.
5.
Report writing
We want you and everyone that reads our report to understand it. Yes it will be full of excel tables and numbers, but we also provide industry leading source data and clear and convincing written analysis. We use graphs and charts to simplify when possible.
6.
Rebuttal and Expert Depositions
Experts don’t always agree. We will review opposing reports and consider how they impact our findings. This is also the time that the experts testify in preparation for trial.
7.
Trial
We treat every case like it’s going to trial. Our purpose is to make sure the trier of fact understands our position. Every report and every conclusion is backed by our diligent analysis.
CLE By The Sea
Mark Hughes with Gorman Consulting Group has been asked to present at the 2018 CLE by the Sea at the Hotel Del Coronado in San Diego, CA.
Chris & Mark Go Back To College
Chris Gorman and Mark Hughes have been asked by the faculty of Arizona State University, W.P. Carey School of Business, to present as part of the “Perspectives form the Profession”
AAML Southwest Divorce Conference
Mark Hughes and Chris Gorman have been asked to present at the 2017 AAML Southwest Divorce Conference.
Walsh Appellate Ruling
Walsh Appellate Ruling Series The appropriate valuation of goodwill in marital dissolutions has long been…
Waste Not, Want Not
When there is waste or dissipation of marital assets by one spouse, the trail court may, when apportioning the community property, award money or property sufficient to compensate the other spouse for that waste. But what is waste in the eyes of the court? Gambling, drugs, extramarital activities all sound like possible waste. You will be surprised what could be considered waste in Arizona.
Personal Goodwill vs. Enterprise Goodwill
There are situations, in the contexts of tax law and family law, in which allocation of personal and enterprise goodwill is relevant and should be subject to detailed analysis.