OCA Litigation Support. Providing Financial Expertise in Litigation and Corporate Damage valuation.

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "OCA Litigation Support. Providing Financial Expertise in Litigation and Corporate Damage valuation."

Transcription

1 OCA Litigation Support Providing Financial Expertise in Litigation and Corporate Damage valuation.

2 3 OCA Litigation Support About OCA Our firm : Our Litigation services : OCA provides multi-disciplinary services in Audit, Financial Advisory and Accounting Outsourcing. For more than 25 years, we assist companies at every stage of their life in managing their current business and implementing their strategic decisions. Our services are gathered around 5 areas of expertise : Contractual and legal Audit ; Litigation support ; Accounting outsourcing ; Insolvency and Business Recovery ; Process, strategy and performance improvement. In each of these areas, our highly-skilled professionals implement OCA s philosophy of action : Excellence, Accuracy, Openmindness and Availability. OCA is frequently appointed by Courts as Legal Expert : in commercial or financial litigation cases, in Bankruptcy or debt restructuring cases. With a strong experiences both in legal procedures and damages valuation, OCA works in close cooperation with companies' legal counsels by providing technical assistance and support. Valuation of corporate damages (economic loss, loss of opportunity, indirect loss, etc.) following disasters, negligence, counterfeiting, financial misstatements, misappropriation of assets, physical deterioration, etc) ; Realization of accounting and financial reports supporting legal memorandums ; Critical review of valuations made by the other party ; Expert Testimony or coaching of our client Experts to communicate effectively in a courtroom setting ; Technical assistance in cases of post-deal acquisitions (price adjustment and earn-out clauses).

3 3 OCA Litigation Support Our approach of damage valuation Our approach is based on three principles : 1. The concept of "Damage" which can be described as : the physical cost of the compensation or the replacement of the impaired assets ; the Intangible losses that vary according to the nature of the assets which have been damaged ( "loss of use" for damage on an asset which does not generate any revenue, and more frequently "income losses" for damage on revenuegenerating assets) 2. The concept of "Full Compensation" which consists in replacing the victim in the situation where it should have been in the absence of damage ; 3. The concept of "Loss of Opportunity" which is very frequent in business life (for example, when a ready-to-be-signed contract is finally lost because of wrongful acts). A close analysis of the damage must be done in order to understand and appreciate the probability of the lost opportunities and their financial impacts on the company's business plan. Claimant's side action The concepts presented above need to be applied through a strict methodology, including the following steps : Identifying the different natures of damage, together with the client and in close cooperation with his legal counsels ; Valuating the costs incurred and collecting the relevant documentation ; Determining the loss of profits : in accordance with the principle of total compensation, a business plan of the company must be prepared, considering a scenario "without damage". This retrospective approach implies a rigorous analysis taking into consideration the business evolution before the damage, the market trends, the level of operating expenses, as well as the flexibility of incomes and expenses. Assessing non-material damage: loss of use, loss of brand image, loss of reputation, etc. Capitalizing the historical cash flows and discounting the future cash flows Defendant's side action We aim at identifying the flaws in the damage claim report presented by the opposing party. These vulnerabilities include: arithmetic errors ; lack of documentation ( lack of evidence, use of unverifiable information...) Inconsistencies: duplications, conflicting valuation, omissions).

4 5 OCA Litigation Support Relevant experience MIKAEL OUANICHE Partner Litigation practice CPA Certified legal auditor Automotive industry (a CAC 40 index company). Post-acquisition litigation: following fraudulent actions commited by the sell side, we assisted the buy-side in the valuation of the damages. Research Foundation: Assistance in the framework of a legal expertise. Critical analysis of the claimants damage valuation. International Hotel Group: Assistance to a luxury hotel (150 rooms) in valuating their operating loss valuation following nuisances from construction works. Industrial group (a CAC 40 index company): ICC Arbitration. damage valuation assistance following an accident on a shipyard. Construction group : Damage calculation ( during a pre-arbitrary negotiation procedure) in a litigation related to the amount of exploitation fees asked by a dam operator to several electric companies. Airline group: damage valuation related to an accident in an airport terminal ( legal expertise). Real estate development: damage valuation following a real estates program failure for technical reasons. Mikael OUANICHE worked for several years as manager for PricewaterhouseCoopers, within the Litigation and Investigation department. He joined OCA in march 2009 as the head of the Litigation and Arbitration department. Mikael Ouaniche is the author of various publications about Fraud and Damage valuation. He is also an intern member of Compagnie Nationale des Experts- Comptables de justice, the association of CPA recognized by French court as Expert. 2009/2010 Publications Litigation and Financial compensation: User manual article published in ECHANGE magazine (France's leading magazine for Financial Executives) July 2010 «Damage Valuation in Counterfeiting cases» article published in Revue Française de Comptabilité ( France's leading magazine for accountants) - March 2010 «Assistance in damages valuation» Article published in Revue Française de Comptabilité - April 2009 «Corporate Fraud : how to prevent, detect and fight against it» Book published in June 2009 Maxima Editions «Fraud perpetrated by excutives» Article published in Revue Française de Comptabilité - September 2008

5 63, Avenue de Villiers Paris Tel : Fax :

O.C.A. Organisation Conseil Audit. Your vision, our expertise

O.C.A. Organisation Conseil Audit. Your vision, our expertise O.C.A. Organisation Conseil Audit Your vision, our expertise 2 OCA Corporate Presentation About O.C.A. OUR FIRM : OCA is a chartered accountant firm, founded in 1982, specialized in Audit, Process Outsourcing,

More information

Udyen Jain & Associates Quality and expertise that you deserve. OCA, Organisation Conseil Audit Your vision, our expertise

Udyen Jain & Associates Quality and expertise that you deserve. OCA, Organisation Conseil Audit Your vision, our expertise Udyen Jain & Associates Quality and expertise that you deserve OCA, Organisation Conseil Audit Your vision, our expertise Mikaël Ouaniche Mikaël Ouaniche is a Chartered Accountant and Legal Auditor, Graduate

More information

Mergers & Acquisitions. Turnaround & Restructuring. Litigation Support & Expert Testimony. Valuation Services

Mergers & Acquisitions. Turnaround & Restructuring. Litigation Support & Expert Testimony. Valuation Services Turnaround & Restructuring Litigation Support & Expert Testimony Mergers & Acquisitions Valuation Services Turnaround & Restructuring Turnaround & Restructuring Turnaround & Restructuring MCA Financial

More information

Are You Playing Russian Roulette With Your Client s Damages Award?

Are You Playing Russian Roulette With Your Client s Damages Award? Are You Playing Russian Roulette With Your Client s Damages Award? Prepared by: David Majors, Director, RSM McGladrey, Inc. david.majors@mcgladrey.com John Tira, Senior Associate, RSM McGladrey, Inc. john.tira@mcgladrey.com

More information

Professional Ethical Discreet. McGovern & Greene LLP. CPAs & Forensic Accountants

Professional Ethical Discreet. McGovern & Greene LLP. CPAs & Forensic Accountants Professional Ethical Discreet McGovern & Greene LLP CPAs & Forensic Accountants McGovern & Greene LLP Who Are We? McGovern & Greene LLP is a partnership of talented and experienced CPA s, Forensic Accountants,

More information

Services for Solicitors

Services for Solicitors Services for Solicitors About us Contents About us Who we are 1 What we do 1 Why CavanaghKelly? 2 3 Sector specialisms 3 Who we advise 3 Corporate & Commercial 4 Litigation & Dispute 6 Banking & Finance

More information

Cyrus F. Khory, Director, Froese Forensic Partners

Cyrus F. Khory, Director, Froese Forensic Partners Cyrus F. Khory, Director, Froese Forensic Partners 55 University Avenue, Suite 1000 Toronto, Ontario, M5J 2H7 CANADA direct: 416.682.7185 main: 416.364.6400 fax: 416.364.6900 email: ckhory@froeseforensic.com

More information

Workshop: Private Fund Fee and Expense Allocations

Workshop: Private Fund Fee and Expense Allocations Workshop: Private Fund Fee and Expense Allocations November 10, 2015 Presented by Ann Gittleman & Sherif Assef 1. Introduction 2 Potential Risks for Private Funds Investor skepticism has increased as violations

More information

Professional Indemnity

Professional Indemnity Allianz Insurance Allianz Insurance plc plc Complete Professional Indemnity Policy Details (including Policy Summary pages 1 4) Technology & Telecommunications Policy Summary This is a Policy Summary only

More information

John H. Reith, MBA, CPA, CVA, CMA, CIA 924 South Oakland Avenue Pasadena, California 91106-3727

John H. Reith, MBA, CPA, CVA, CMA, CIA 924 South Oakland Avenue Pasadena, California 91106-3727 , MBA, CPA, CVA, CMA, CIA 924 South Oakland Avenue Pasadena, California 91106-3727 Telephone: 626 440 1820 Fax: 626 395 7692 PROFESSIONAL EXPERIENCE The Reith Company, Pasadena, California Founding principal,

More information

Business Valuation. Matrimonial Consulting. Forensic and Investigative Accounting. Mergers and Aquisitions. Embezzlement.

Business Valuation. Matrimonial Consulting. Forensic and Investigative Accounting. Mergers and Aquisitions. Embezzlement. Embezzlement Bankruptcy Expert Witness Services At Brisbane Group we specialize in the valuation of closely held businesses, litigation support, financial aspects of divorce, quantifying economic damages

More information

08-01789-brl Doc 5399 Filed 06/27/13 Entered 06/27/13 12:27:17 Main Document Pg 1 of 8

08-01789-brl Doc 5399 Filed 06/27/13 Entered 06/27/13 12:27:17 Main Document Pg 1 of 8 Pg 1 of 8 UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF NEW YORK SECURITIES INVESTOR PROTECTION CORPORATION, Plaintiff-Applicant, v. Adv. Pro. No. 08-01789 (BRL) SIPA Liquidation (Substantively Consolidated)

More information

www.pwc.com/hu Power issues A PwC üdvözli PwC s services Győrt for the energy sector PwC welcomes Győr

www.pwc.com/hu Power issues A PwC üdvözli PwC s services Győrt for the energy sector PwC welcomes Győr www.pwc.com/hu Power issues A PwC üdvözli PwC s services Győrt for the energy sector PwC welcomes Győr PwC has a strong presence in the field of energy consulting both in Hungary and in the region. Using

More information

www.pwc.fi We believe successful global organisations can confront fraud, corruption and abuse PwC Finland Forensic Services

www.pwc.fi We believe successful global organisations can confront fraud, corruption and abuse PwC Finland Forensic Services www.pwc.fi We believe successful global organisations can confront fraud, corruption and abuse Finland Who are we? Bring a robust forensics team to the table to support your organisation Our practice can

More information

Valuing your brands and your business

Valuing your brands and your business Valuing your brands and your business Intangible Business Intangible Business is a leading independent brand valuation, strategy and development consultancy. Founded in 2001, Intangible Business specialises

More information

Professional Indemnity Select

Professional Indemnity Select Allianz Insurance plc Professional Indemnity Select Cover Overview Professional Indemnity Select Cover Overview Contents Thank you for choosing Allianz Insurance plc. We are one of the largest general

More information

Professional Indemnity Select

Professional Indemnity Select Allianz Insurance plc Professional Indemnity Select Policy Overview Policy Overview Professional Indemnity Select Contents Thank you for choosing Allianz Insurance plc. We are one of the largest general

More information

Complete Professional Indemnity

Complete Professional Indemnity Allianz Insurance plc Complete Professional Indemnity Policy Details (including Policy Summary pages 1 4) Accountants Policy Summary This is a Policy Summary only and does not contain full terms and conditions

More information

Province of Alberta LIMITATIONS ACT. Revised Statutes of Alberta 2000 Chapter L-12. Current as of December 17, 2014. Office Consolidation

Province of Alberta LIMITATIONS ACT. Revised Statutes of Alberta 2000 Chapter L-12. Current as of December 17, 2014. Office Consolidation Province of Alberta LIMITATIONS ACT Revised Statutes of Alberta 2000 Current as of December 17, 2014 Office Consolidation Published by Alberta Queen s Printer Alberta Queen s Printer 5 th Floor, Park Plaza

More information

FTI Consulting insurance services

FTI Consulting insurance services INSURANCE SERVICES FTI Consulting insurance services The insurance industry is operating in a complex and dynamic global environment. Low interest rates, the demand on capital and ever-changing regulation

More information

Services and Capabilities. Financial Services Transfer Pricing

Services and Capabilities. Financial Services Transfer Pricing Services and Capabilities Financial Services Transfer Pricing Our team of experts offers an unmatched combination of economic credentials, industry expertise, and testifying experience. FINANCIAL SERVICES

More information

UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF TEXAS HOUSTON DIVISION

UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF TEXAS HOUSTON DIVISION UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF TEXAS HOUSTON DIVISION In re: Jointly Administered Case No. 01-42530-H4-11 Metals USA, Inc., et al., Case Nos. 01-42530-H4-11 through 01-42574-H4-11

More information

NAPCS Product List for NAICS 5412: Accounting, Tax Preparation, Bookkeeping, and Payroll Services

NAPCS Product List for NAICS 5412: Accounting, Tax Preparation, Bookkeeping, and Payroll Services NAPCS List for NAICS 5412: Accounting, Tax Preparation, Bookkeeping, and Payroll Services 5412 1 Assurance, bookkeeping, compilation, payroll, taxation and related 5412 1.1 Assurance and related Providing

More information

Understanding the Entity and Its Environment and Assessing the Risks of Material Misstatement

Understanding the Entity and Its Environment and Assessing the Risks of Material Misstatement Understanding the Entity and Its Environment 1667 AU Section 314 Understanding the Entity and Its Environment and Assessing the Risks of Material Misstatement (Supersedes SAS No. 55.) Source: SAS No. 109.

More information

LAW REFORM (CONTRIBUTORY NEGLIGENCE) AMENDMENT BILL 2001

LAW REFORM (CONTRIBUTORY NEGLIGENCE) AMENDMENT BILL 2001 1 LAW REFORM (CONTRIBUTORY NEGLIGENCE) AMENDMENT BILL 2001 EXPLANATORY NOTES GENERAL OUTLINE OBJECTIVES OF THE LEGISLATION The purpose of this Bill is to address the impact of the decision of the High

More information

Dan T. Stathos, CPA* Associate Director

Dan T. Stathos, CPA* Associate Director Dan T. Stathos, CPA* dstathos@navigant.com Austin, Texas Direct: 512.493.5415 Professional Summary Dan Stathos, an in NCI s Austin, Texas office, has been involved with electric, gas, water and telephone

More information

INTERNATIONAL INSURANCE SERVICES AND RISK MANAGEMENT

INTERNATIONAL INSURANCE SERVICES AND RISK MANAGEMENT INTERNATIONAL INSURANCE SERVICES AND RISK MANAGEMENT Directors & Officers Liability D&O Insurance Service is our passion CONTENTS Legal framework of statutory and supervisory board members liability in

More information

LAHLOU Avocats & Associés. LAHLOU LAW FIRM Casablanca

LAHLOU Avocats & Associés. LAHLOU LAW FIRM Casablanca LAHLOU Avocats & Associés 3 OUR FIRM is a practice specialised in business law. It was founded by Saâd LAHLOU in 2006. Our strategy is twofold. We focus our development efforts, our knowledge and our

More information

Case 12-19882 Doc 1309 Filed 05/12/15 Entered 05/12/15 20:19:12 Desc Main Document Page 1 of 7

Case 12-19882 Doc 1309 Filed 05/12/15 Entered 05/12/15 20:19:12 Desc Main Document Page 1 of 7 Document Page 1 of 7 UNITED STATES BANKRUPTCY COURT DISTRICT OF MASSACHUSETTS EASTERN DIVISION In re: NEW ENGLAND COMPOUNDING PHARMACY, INC., Chapter 11 Case No. 12-19882-HJB Debtor. DECLARATION OF STEPHEN

More information

JERRY M. HANSEN BERKELEY RESEARCH GROUP, LLC 2525 McKinnon Street, Suite 400 Dallas, TX 75201 Direct:.214.453.4211 jhansen@thinkbrg.

JERRY M. HANSEN BERKELEY RESEARCH GROUP, LLC 2525 McKinnon Street, Suite 400 Dallas, TX 75201 Direct:.214.453.4211 jhansen@thinkbrg. Curriculum Vitae JERRY M. HANSEN BERKELEY RESEARCH GROUP, LLC 2525 McKinnon Street, Suite 400 Dallas, TX 75201 Direct:.214.453.4211 jhansen@thinkbrg.com SUMMARY Jerry Hansen is an experienced forensic

More information

About Our Firm. High Stakes Trials. High Impact Cases. High Quality Representation.

About Our Firm. High Stakes Trials. High Impact Cases. High Quality Representation. About Our Firm Conrad & Scherer began as a small local firm of trial attorneys. Conrad & Scherer stands as one of Florida s leading firms with an expanded global and national reach. And, while commercial

More information

Georgia 2013 Conference for College & University Auditors

Georgia 2013 Conference for College & University Auditors Georgia 2013 Conference for College & University Auditors 1 Jeff Fucito,CPA 770-541-5434 jfucito@mjcpa.com Aleisa Howell,CPA 770-980-2364 ahowell@mjcpa.com 2 Agenda Introductions GASB Statement No. 60

More information

Restructuring and insolvency in Luxembourg PricewaterhouseCoopers Sàrl Noble & Scheidecker

Restructuring and insolvency in Luxembourg PricewaterhouseCoopers Sàrl Noble & Scheidecker Restructuring and insolvency in Luxembourg PricewaterhouseCoopers Sàrl Noble & Scheidecker This article first appeared in The European Restructuring and Insolvency Guide 2005/2006 published by Globe White

More information

COMMERCIAL PROFESSIONAL LIABILITY COVERAGE FORM

COMMERCIAL PROFESSIONAL LIABILITY COVERAGE FORM COMMERCIAL PROFESSIONAL LIABILITY COVERAGE FORM Various provisions in this policy restrict coverage. Read the entire policy carefully to determine rights, duties and what is and is not covered. Throughout

More information

FORENSIC ACCOUNTING, BUSINESS VALUATION & LITIGATION SUPPORT

FORENSIC ACCOUNTING, BUSINESS VALUATION & LITIGATION SUPPORT FORENSIC ACCOUNTING, BUSINESS VALUATION & LITIGATION SUPPORT CONTACT US MICHAEL COHEN, CPA, CFE, Partner 949.261.8600 x 2149 mcohen@singerlewak.com JOHN KIRBY, ASA, JD 310.477.3924 x 1404 jkirby@singerlewak.com

More information

WISLAR WEALTH MANAGEMENT, LLC 10 East Broad Street Hopewell, NJ 08525

WISLAR WEALTH MANAGEMENT, LLC 10 East Broad Street Hopewell, NJ 08525 WISLAR WEALTH MANAGEMENT, LLC 10 East Broad Street Hopewell, NJ 08525 A SEC Registered Advisory Firm 1 FIRM BROCHURE, MARCH 2011 This brochure provides information about the qualifications and business

More information

Services to Law Firms

Services to Law Firms Services to Law Firms Working in partnership with you Contents 3 3 3 5 5 7 7 7 9 9 9 9 About Begbies Traynor Group Why Work With Begbies Traynor Group? International Coverage Restructuring Corporate Insolvency

More information

Body of Knowledge for Professional Business Valuation Certification Programme

Body of Knowledge for Professional Business Valuation Certification Programme Body of Knowledge for Professional Business Valuation Certification Programme Copyright 2014 Institute of Valuers and Appraisers of Singapore. All rights reserved. Copies of this Body of Knowledge may

More information

Energy & Shipping Seminar LIABILITY INSURANCE

Energy & Shipping Seminar LIABILITY INSURANCE Institute of Energy for SE Europe - IENE IENE Eugenides Foundation Conference Center, Athens 3 rd of February 2012 Energy & Shipping Seminar LIABILITY INSURANCE George Koutinas Engineer, Insurance Expert

More information

Campus Recruiting. Tax. kpmgcampus.com

Campus Recruiting. Tax. kpmgcampus.com Campus Recruiting Tax kpmgcampus.com EVS KPMG s Economic and Valuation Services (EVS) professionals offer a wide range of advanced analytical services that help clients make forward-thinking decisions

More information

Directors Duties in the Zone of Insolvency

Directors Duties in the Zone of Insolvency Directors Duties in the Zone of Insolvency 2 0 0 7 N A TIONAL DIRECTORS INSTITUTE 2007 Foley & Lardner LLP Attorney Advertising Prior results do not guarantee a similar outcome 321 N. Clark Street, Suite

More information

Claims Management Services Get help to analyze the problem and execute an effective remediation plan

Claims Management Services Get help to analyze the problem and execute an effective remediation plan Claims Management Services Get help to analyze the problem and execute an effective remediation plan Your Challenge From time to time, a business may face a significant claim (or group of related claims)

More information

PROFESSIONAL INDEMNITY INSURANCE

PROFESSIONAL INDEMNITY INSURANCE ESSENTIAL BUSINESS INSURANCE COVER POLICY RISK FACT introducing FirstUnited FirstUnited is a leading insurance intermediary group operating in Malta and under Freedom of Services throughout the EU. We

More information

mba morten beyer & agnew

mba morten beyer & agnew Business Valuation: How to Make the Most of Your Business Pooja Gardemal, CPA/ABV Vice President Business Valuation & Economic Analysis 1 About is a global consulting firm with offices in the U.S. and

More information

Consolidated Financial Statements of CGI GROUP INC. For the years ended September 30, 2013 and 2012

Consolidated Financial Statements of CGI GROUP INC. For the years ended September 30, 2013 and 2012 Consolidated Financial Statements of CGI GROUP INC. Management s and Auditors reports MANAGEMENT S STATEMENT OF RESPONSIBILITY FOR FINANCIAL REPORTING The management of CGI Group Inc. ( the Company ) is

More information

JOINT AGREEMENTS. - Cyclistes Professionnels Associés [Associated Professional Riders], hereinafter referred to as CPA,

JOINT AGREEMENTS. - Cyclistes Professionnels Associés [Associated Professional Riders], hereinafter referred to as CPA, (version on 01.01.2013) JOINT AGREEMENTS on the working conditions of riders hired by Professional Continental Teams and UCI ProTeams for the year of registration 2013 and the following. Signatories: -

More information

Directors and Officers Liability Insurance in Bankruptcy Settings What Directors and Officers Really Need to Know

Directors and Officers Liability Insurance in Bankruptcy Settings What Directors and Officers Really Need to Know Directors and Officers Liability Insurance in Bankruptcy Settings What Directors and Officers Really Need to Know April 30, 2010 By Paul A. Ferrillo While director and officer ( D&O ) liability insurance

More information

ABL Step 1 An Introduction. How SIPPA can change the Lending Environment and Access to Credit

ABL Step 1 An Introduction. How SIPPA can change the Lending Environment and Access to Credit ABL Step 1 An Introduction How SIPPA can change the Lending Environment and Access to Credit Traditional Bank vs ABL Bank Focused on Credit Status Over reliance on Real Estate Vulnerable to Economic Cycles

More information

SMALL BUSINESS IMPACT STATEMENT REVISED January 30, 2015 NAC 116A LCB R049-13

SMALL BUSINESS IMPACT STATEMENT REVISED January 30, 2015 NAC 116A LCB R049-13 SMALL BUSINESS IMPACT STATEMENT REVISED January 30, 2015 NAC 116A LCB R049-13 1. R049-13 Small Business Impact Statement pursuant to NRS 233B.0608: (a) A description of the manner in which comment was

More information

Directors and officers liability best practices guidelines

Directors and officers liability best practices guidelines Directors and officers liability best practices guidelines DIRECTORS AND OFFICERS LIABILITY BEST PRACTICES GUIDELINES INTRODUCTION A continuing challenge to all business is the efficient functioning of

More information

We turn complexity into an advantage Regulatory Compliance Suitability of Funds

We turn complexity into an advantage Regulatory Compliance Suitability of Funds Suitability of Funds Inward Bound Business Due Diligence Entity Structures Expatriation Tax Services Tax Treaty Effects For the Immigration & Expatriation U.S. Partial Amnesty Programs Mergers & Acquisitions

More information

Chicago Firm. World-Class Knowledge.

Chicago Firm. World-Class Knowledge. Chicago Firm. World-Class Knowledge. Shepard Schwartz & Harris has been an integral part of the Chicago business community since 1935. Our clients value our comprehensive worldview while enjoying the benefit

More information

Third Party Relationships

Third Party Relationships 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 A B D INTRODUCTION AND PURPOSE Background Yes/No Comments 1. Does the credit union maintain a list of the third party

More information

Presentation by: Mark Bailey, Partner IPTC. Managed services looking beneath the surface IPTC Webinars Thursday 15 March 2012

Presentation by: Mark Bailey, Partner IPTC. Managed services looking beneath the surface IPTC Webinars Thursday 15 March 2012 Presentation by: Mark Bailey, Partner IPTC Managed services looking beneath the surface IPTC Webinars Thursday 15 March 2012 Polling questions does your organisation use cloud services or an IT service

More information

Three approaches to valuing intangible assets

Three approaches to valuing intangible assets CGMA TOOLs Three approaches to valuing intangible assets Powered by CONTENTS Two of the world s most prestigious accounting bodies, AICPA and CIMA, have formed a joint-venture to establish the Chartered

More information

the paris office Elizabeth Naud and Luc Poux, architects

the paris office Elizabeth Naud and Luc Poux, architects the paris office Elizabeth Naud and Luc Poux, architects dllp Our commitment is to be the definitive source of practical advisory services and our clients most powerful advocates. DECHERT LLP In-depth

More information

Forensic Accounting: An Introduction

Forensic Accounting: An Introduction Forensic Accounting: An Introduction Forensic Accounting Forensic Accountants are part investigator, part auditor, part solicitor and part accountant. Forensic Accountants utilise an understanding of business

More information

The increasing importance of brand and intangibles in industry April 2014

The increasing importance of brand and intangibles in industry April 2014 www.pwc.com.cy The increasing importance of brand and intangibles in industry Tony Hadjiloucas Partner tony.hadjiloucas@cy.pwc.com Direct line: +357 25555270 Mobile: +357 99411990 Content Introduction

More information

Professional Indemnity Insurance Glossary of Terms

Professional Indemnity Insurance Glossary of Terms Professional Indemnity Insurance Glossary of Terms Index Aggregation of claims Automatic reinstatement Average provision Cancellation Civil liability Claim Claims made Consumer protection legislation Continuous

More information

Minnesota Workers' Compensation Assigned Risk Plan. Financial Statements Together with Independent Auditors' Report

Minnesota Workers' Compensation Assigned Risk Plan. Financial Statements Together with Independent Auditors' Report Minnesota Workers' Compensation Assigned Risk Plan Financial Statements Together with Independent Auditors' Report December 31, 2012 CONTENTS Page INDEPENDENT AUDITORS' REPORT 1 FINANCIAL STATEMENTS: Balance

More information

Mandatory Arbitration

Mandatory Arbitration Mandatory Arbitration The Alternative To Trial By Christopher M. Davis, Attorney at Law 206-727-4000 Phone: 206-727-4000 Fax: 206-727-4001 info@injurytriallawyer.com Copyright 2007 by Christopher Michael

More information

Member of International A world-wide network of independent accounting firms and business advisers.

Member of International A world-wide network of independent accounting firms and business advisers. THE FIRM Profile Founded in Pesaro in 1974 by Achille Marchionni, the firm evolved throughout the 1980s, becoming Marchionni & Partners after a decade of professional partnership. In addition to the founder,

More information

More than just numbers.

More than just numbers. More than just numbers. Part art. Part science. All peace of mind. ValuQuest provides services for the valuation of complete businesses and business segments, as well as the interests of business owners

More information

GUIDANCE FOR MANAGING THIRD-PARTY RISK

GUIDANCE FOR MANAGING THIRD-PARTY RISK GUIDANCE FOR MANAGING THIRD-PARTY RISK Introduction An institution s board of directors and senior management are ultimately responsible for managing activities conducted through third-party relationships,

More information

Request for Proposal Bond Issue Financial Advisor

Request for Proposal Bond Issue Financial Advisor Request for Proposal Bond Issue Financial Advisor The City of Marceline is requesting proposals for the services of a Bond Issue Financial Advisor as described in the attached request. Qualified organizations

More information

OPERATING AGREEMENT of. This Operating Agreement (the "Agreement") made and entered into this 21st day of June, 2016 (the "Execution Date"), of,,

OPERATING AGREEMENT of. This Operating Agreement (the Agreement) made and entered into this 21st day of June, 2016 (the Execution Date), of,, OPERATING AGREEMENT of This Operating Agreement (the "Agreement") made and entered into this 21st day of June, 2016 (the "Execution Date"), BY: of,, (the "Member"). BACKGROUND: A. The Member wishes to

More information

Advisory Services. Financial. Business Risk. Administration. Understanding Creating Implementing

Advisory Services. Financial. Business Risk. Administration. Understanding Creating Implementing Advisory Services Financial. Business Risk. Administration. Understanding Creating Implementing Our Firm... Grant Thornton Advisory Services Al-Aiban & Al-Qatami Co. is a member firm incorporated with

More information

Complete Professional Indemnity

Complete Professional Indemnity Allianz Insurance plc plc Complete Professional Indemnity Policy Details (including Policy Summary pages 1 4) Insurance Brokers Policy Summary This is a Policy Summary only and does not contain full terms

More information

SAMPLE. Professional Indemnity Insurance (PII) Policy 2015/16. lawcover.com.au Page 1

SAMPLE. Professional Indemnity Insurance (PII) Policy 2015/16. lawcover.com.au Page 1 Professional Indemnity Insurance (PII) Policy 2015/16 Lawcover Insurance Pty Limited ABN 15 095 082 509 Level 13, 383 Kent Street Sydney NSW 2000 DX 13013 Sydney Market Street Telephone: 1800 650 748 (02)

More information

Forensic accounting and the law: The forensic accountant in the capacity of an expert witness

Forensic accounting and the law: The forensic accountant in the capacity of an expert witness MPRA Munich Personal RePEc Archive Forensic accounting and the law: The forensic accountant in the capacity of an expert witness Marianne Ojo Covenant University 18. April 2012 Online at https://mpra.ub.uni-muenchen.de/38180/

More information

The Expert Navigators in Maritime, Transportation and Insurance Law

The Expert Navigators in Maritime, Transportation and Insurance Law The Expert Navigators in Maritime, Transportation and Insurance Law Isaacs & Co. is one of Canada's leading full-service maritime, transportation and insurance law firms and concentrates on all areas of

More information

Presented by: Donald F. Conway, CPA Mercadien, P.C., Certified Public Accountants. Forensic Accounting, Political Corruption & White Collar Offenses

Presented by: Donald F. Conway, CPA Mercadien, P.C., Certified Public Accountants. Forensic Accounting, Political Corruption & White Collar Offenses Presented by: Donald F. Conway, CPA Mercadien, P.C., Certified Public Accountants Forensic Accounting, Political Corruption & White Collar Offenses Defining Fraud The dictionary defines fraud as a deception

More information

SINGAPORE QP SYLLABUS HANDBOOK FOUNDATION PROGRAMME 2013-2014 SINGAPORE QP SYLLABUS HANDBOOK FOUNDATION PROGRAMME 1

SINGAPORE QP SYLLABUS HANDBOOK FOUNDATION PROGRAMME 2013-2014 SINGAPORE QP SYLLABUS HANDBOOK FOUNDATION PROGRAMME 1 SINGAPORE QP SYLLABUS HANDBOOK FOUNDATION PROGRAMME 2013-2014 SINGAPORE QP SYLLABUS HANDBOOK FOUNDATION PROGRAMME 1 SINGAPORE QP SYLLABUS HANDBOOK FOUNDATION PROGRAMME 2013-2014 Singapore QP Syllabus Handbook

More information

Camouflaged Collateral: "All Asset" Liens May Not Include Proceeds of D&O Insurance Policies in Bankruptcy

Camouflaged Collateral: All Asset Liens May Not Include Proceeds of D&O Insurance Policies in Bankruptcy Camouflaged Collateral: "All Asset" Liens May Not Include Proceeds of D&O Insurance Policies in Bankruptcy Article contributed by Lawrence V. Gelber and James T. Bentley of Schulte Roth & Zabel LLP As

More information

Insurance Commission of Western Australia

Insurance Commission of Western Australia Compulsory Third Party - Claims Management Review Summarised Version November 2014 1. Executive summary 1.1 Background As part of the routine internal audit program, ICWA has requested Ernst & Young (EY)

More information

Agenda. Who we are. Our services. Contacts. Page 2. 1.1 The Company, our values and consulting approach. 1.2 Partners. Page 3. 2.1 Areas of activity

Agenda. Who we are. Our services. Contacts. Page 2. 1.1 The Company, our values and consulting approach. 1.2 Partners. Page 3. 2.1 Areas of activity Agenda Who we are 1.1 The Company, our values and consulting approach 1.2 Partners Page 2 Page 3 Our services 2.1 Areas of activity 2.2 Services Page 5 Page 6 Contacts 3.1 Contacts Page 8 1 Who we are

More information

ACCOUNTING FOR AND AUDIT OF INVENTORIES

ACCOUNTING FOR AND AUDIT OF INVENTORIES ACCOUNTING FOR AND AUDIT OF INVENTORIES PRESENTED BY MICHEAL AGHWANA MANAGER: PEAK PROFESSIONAL SERVICES IN HOUSE SEMINAR SERIES NO 3 PEAK PROFESSIONAL SERVICES (CHARTERED ACCOUNTANTS) NIGERIA A member

More information

Credit Union Merger Accounting Guidance

Credit Union Merger Accounting Guidance 55 East Fifth Street, Suite 1020 Alliance Bank Center Saint Paul, MN 55101 651.224.1200 www.wilwinn.com Released March 2013 - Version 2 Credit Union Merger Accounting Guidance Following are some of the

More information

Maximizing The Impact of Expert Testimony

Maximizing The Impact of Expert Testimony Maximizing The Impact of Expert Testimony July 2011 by Juanita Schwartzkopf and Jeffrey Granger Focus Management Group How Can Expert Testimony Assist Counsels? allowed counsel to question the CFO in real

More information

EMPLOYEE BENEFITS LIABILITY COVERAGE FORM

EMPLOYEE BENEFITS LIABILITY COVERAGE FORM EMPLOYEE BENEFITS LIABILITY COVERAGE FORM THIS FORM PROVIDES CLAIMS MADE COVERAGE. PLEASE READ THE ENTIRE FORM CAREFULLY. Various provisions in this policy restrict coverage. Read the entire policy carefully

More information

Litigation Valuation REPORT. Developing a theory of damages? Read the contract! Recession troubles linger How distressed businesses are valued

Litigation Valuation REPORT. Developing a theory of damages? Read the contract! Recession troubles linger How distressed businesses are valued July/August 2012 & Litigation Valuation REPORT Developing a theory of damages? Read the contract! Recession troubles linger How distressed businesses are valued 10 questions to help you evaluate a valuation

More information

University of Florida, Fisher School of Accounting Masters of Accountancy, 1992 Bachelor of Science, Accounting, 1990

University of Florida, Fisher School of Accounting Masters of Accountancy, 1992 Bachelor of Science, Accounting, 1990 CURRICULUM VITAE KAREN B. FORTUNE Certified Public Accountant Certified in Financial Forensics Masters of Accountancy EDUCATION University of Florida, Fisher School of Accounting Masters of Accountancy,

More information

CRiTiCaL THiNKiNG at THe CRiTiCaL TiMe. cross BOrDer INSOlveNcy AND ASSeT recovery

CRiTiCaL THiNKiNG at THe CRiTiCaL TiMe. cross BOrDer INSOlveNcy AND ASSeT recovery CRiTiCaL THiNKiNG at THe CRiTiCaL TiMe cross BOrDer INSOlveNcy AND ASSeT recovery Table of Contents 1 ABOUT US 2 key messages 3 FTI overview 4 WHO WE ARE 5 OUR capabilities 6 OUR DIFFERENTIATING FACTORS

More information

Tel: 86-020-83486962 Tel: 86-757-8327 6090 Fax: 86-020-83486990 Fax: 86-757-8327 6100

Tel: 86-020-83486962 Tel: 86-757-8327 6090 Fax: 86-020-83486990 Fax: 86-757-8327 6100 GUANGZHOU FOSHAN Room 1801, TIMES PROPERTY CENTER 2/F, 17 Hongxiang First North Street 410 Dong Feng Zhou Road, Caihong Road Guangzhou, China Foshan, China Tel: 86-020-83486962 Tel: 86-757-8327 6090 Fax:

More information

Investigation. Investigations

Investigation. Investigations Investigation The Forensic Services team of PricewaterhouseCoopers has the knowledge and experience necessary to conduct comprehensive fraud investigations. Our team in Poland has jointly performed in

More information

An in Depth Look at Community Banks and Valuations

An in Depth Look at Community Banks and Valuations Scott Deters An in Depth Look at Community Banks and Valuations Presented by Scott Deters, Kent Pummel and Doug Michel Doug Michel Kent Pummel 5 Today s Agenda Community Banks and Valuations - Four primary

More information

THE ROLE OF AN EXPERT WITNESS

THE ROLE OF AN EXPERT WITNESS THE ROLE OF AN EXPERT WITNESS What is an Expert Witness? An expert witness is a person who has specific knowledge, training, education, skills, and/or experience that is superior to that of the average

More information

Global Financial Advisory Services

Global Financial Advisory Services Global Financial Advisory Services INVESTMENT BANKING VALUATION & FINANCIAL OPINIONS DISPUTE ADVISORY & FORENSIC SERVICES We serve a range of clients from Fortune 500 corporations to privately held companies

More information

Éditeur officiel du Québec This document is not the official version Last version accessible Updated to 2 March 2004

Éditeur officiel du Québec This document is not the official version Last version accessible Updated to 2 March 2004 Éditeur officiel du Québec This document is not the official version Last version accessible Updated to 2 March 2004 c. C-48, r.2.01 Code of ethics of chartered accountants Professional Code (R.S.Q., c.

More information

CHAPTER 10 TRUSTEES, EXAMINERS AND CREDITORS COMMITTEES

CHAPTER 10 TRUSTEES, EXAMINERS AND CREDITORS COMMITTEES CHAPTER 10 TRUSTEES, EXAMINERS AND CREDITORS COMMITTEES THE US TRUSTEES PROGRAM A BRIEF HISTORY LESSON: was an experiment in some districts when the Bankruptcy Code first became effective in 1979. is a

More information

L.F. Harris & Associates, CPA, PA The CPA Firm of Distinction

L.F. Harris & Associates, CPA, PA The CPA Firm of Distinction The CPA Firm of Distinction STATEMENT OF CAPABILITIES 2007 Company Designations CAGE CODE: IX5J4 Duns Number: 094473381 Certified SBA 8(a) Firm Certified Federal Small Disadvantaged Business Defense Security

More information

Complete Professional Indemnity

Complete Professional Indemnity Allianz Insurance plc Complete Professional Indemnity Policy Details (including Policy Summary pages 1 4) Architects Policy Summary This is a Policy Summary only and does not contain full terms and conditions

More information

INTERNATIONAL STANDARD ON AUDITING (UK AND IRELAND) 450 EVALUATION OF MISSTATEMENTS IDENTIFIED DURING THE AUDIT

INTERNATIONAL STANDARD ON AUDITING (UK AND IRELAND) 450 EVALUATION OF MISSTATEMENTS IDENTIFIED DURING THE AUDIT INTERNATIONAL STANDARD ON AUDITING (UK AND IRELAND) 450 EVALUATION OF MISSTATEMENTS IDENTIFIED DURING THE AUDIT (Effective for audits of financial statements for periods ending on or after 15 December

More information

Tax, Legal, Bookkeeping & Payroll Services 2015 kpmg.hr

Tax, Legal, Bookkeeping & Payroll Services 2015 kpmg.hr KPMG IN CROATIA Tax, Legal, Bookkeeping & Payroll Services 2015 kpmg.hr High performing people cutting through complexity to deliver informed perspectives and clear solutions that our clients and stakeholders

More information

Income Tax Planning for Commercial Real Estate Debt Restructuring

Income Tax Planning for Commercial Real Estate Debt Restructuring Bankruptcy Planning Insights Income Tax Planning for Commercial Real Estate Debt Restructuring Robert F. Reilly, CPA Many industry observers forecast a continued downturn in the commercial real estate

More information

Managing intangible assets It is time to act

Managing intangible assets It is time to act www.pwc.es Managing intangible assets It is time to act We add the value you need 2 Technology Page 5 1 Information management Page 4 3 Content Page 6 6 Taxation of intangible assets Page 10 4 Trademarks,

More information

Summary of career history

Summary of career history Name: Position: Qualifications: David Prior Managing director ACA, MA (Hons) Cantab Summary of career history David has had over twenty years experience as a forensic accountant. He is managing director

More information

01.05 Commission Audit and Risk Management Committee Charter

01.05 Commission Audit and Risk Management Committee Charter 1. Function 1.1 The function of the Audit and Risk Management Committee (the Committee) is to monitor auditors and management and advise the Commission of the results of that monitoring in relation to:

More information

Mergers & acquisitions a snapshot Changing the way you think about tomorrow s deals

Mergers & acquisitions a snapshot Changing the way you think about tomorrow s deals Mergers & acquisitions a snapshot Changing the way you think about tomorrow s deals Stay ahead of the accounting and reporting standards for M&A 1 June 10, 2015 What's inside Bankruptcy period considerations...

More information

July 2003 CODE OF CONDUCT FOR STATUTORY ACCIDENT BENEFIT REPRESENTATIVES

July 2003 CODE OF CONDUCT FOR STATUTORY ACCIDENT BENEFIT REPRESENTATIVES Financial Services Commission of Ontario Commission des services financiers de l Ontario July 2003 CODE OF CONDUCT FOR STATUTORY ACCIDENT BENEFIT REPRESENTATIVES Issued by the Superintendent of Financial

More information