Why CPA Testifying Experts Can’t Accept Contingent Fee Engagements

Attorneys are often asked to take on a litigation assignment where there is a potential for a large monetary amount to be awarded to their clients by the court. They may take on the work solely based on a contingent fee arrangement with their client. What this usually means is that if the attorney wins …

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Save Courtroom Time & Promote Collaboration Between CPA Experts

When I have to testify regarding my opinion of value regarding the ownership interest in a business, I have found a particular strategy that speeds up my time on the witness stand. The strategy often helps settle not only business valuation differences between appraisers, but those relating to economic damages cases as well – before …

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Testifying Awareness – Why CPA Experts Should Be Careful of What They Write

CPAs who have been retained as testifying expert witnesses often prepare a written report, sometimes with accompanying exhibits, in support of their opinions to be expressed in the courtroom.  Experienced CPAs who do this sort of thing typically include a statement of their qualifications as a part of their reports.  This statement of qualifications, or …

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Testifying Awareness – Black Hats in the Courtroom

When I was a young boy watching western movies, you could always tell who the good and bad guys were.  It was easy.  The good guys always wore white hats and the bad guys always wore black hats – well, most of the time anyway.  The black hat guys were just plain mean and ornery …

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The Role of the Expert Witness: Advocacy vs. Objectivity

Being a business valuator/expert witness often places the practitioner in the precarious position of deciding whether to be an advocate for their client’s position or an objective professional whose job it may be to not necessarily please the client. After many years of practice, it is very difficult for the practitioner to separate his or her …

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Arizona Expert Witnesses to Be Tested – An Alert for CPAs Who Testify (Part 3)

If you provide testimony as an expert witness, you could soon be facing some new challenges from opposing attorneys regarding the opinions you will be rendering in the courtroom.  Effective January 1, 2012, Arizona joined several other states that have adopted the Federal Rules of Evidence relating to expert witnesses, i.e., the “Daubert”   standard. Rule …

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Arizona Expert Witness to Be Tested – An Alert for CPAs Who Testify (Part II)

If you provide testimony as an expert witness, you could soon be facing some new challenges from opposing attorneys regarding the opinions you will be rendering in the courtroom.  Effective January 1, 2012, Arizona joined several other states that have adopted the Federal Rules of Evidence relating to expert witnesses, i.e., the “Daubert”   standard. The …

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Arizona Expert Witness to Be Tested – An Alert for CPAs Who Testify (Part 1)

If you provide testimony as an expert witness, you could soon be facing some new challenges from opposing attorneys regarding the opinions you will be rendering in the courtroom.  Effective January 1, 2012, Arizona joined several other states that have adopted the Federal Rules of Evidence relating to expert witnesses, i.e., the “Daubert”   standard. Senate …

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