What is a forensic accountant, and why do you need one? In this video, Robert A. Bonavito, CPA, explains that a forensic accountant is an independent expert who can testify in court. Article 12 of the New Jersey Rules of Evidence covers opinions and expert testimony. Bonavito discusses what expert testimony is, the basis of expert testimony, and the opinion on the ultimate issue.
Posted September 14, 2015 by in Educational Videos, Forensic Accounting
Many small business owners feel that they are being taxed twice, once with alimony and once when they sell half of their business. This is often referred to as the “double-dip” issue. However, if you understand how a business valuation is done, you will realize that is not the case. In this video, Robert A. Bonavito, CPA, a divorce accountant in New Jersey, explains how compensation is deducted, how it affects cash flow, and how alimony is paid.
Posted August 24, 2015 by in Business Valuations, Educational Videos
Don’t believe what you read in the papers! New Jersey Forensic Accountant Robert A. Bonavito, CPA, speaks on arithmetic mean and geometric mean. These two basic definitions have a dramatic effect on the way you view financial news. Much of what you hear and read about in business shows and magazines is based on deception and fraud.
Posted August 4, 2015 by in Business Valuations, Educational Videos
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