I want clients to know that we can offer sensible approaches to resolving problems related to a wide range of matters including forensic accounting, litigation and business valuation.

Donald (Don) Bays is known for his expertise in valuing businesses as part of divorce settlements. He has testified as an expert witness on numerous civil cases including those involving insurance fraud, economic damages, contract disputes, lost earnings, accountants’ and lawyers’ professional liability and property settlement matters in marriage dissolutions.

Don has more than 35 years’ experience in public and private accounting and has lectured extensively on business valuation concepts, employee fraud and lost earnings calculations to business owners, bankers, attorneys and CPAs.

Before joining Henry+Horne’s Litigation + Valuation Services Group in 1998, Don spent eight years with a national CPA firm in Los Angeles and Phoenix, four years as Director of Internal Audit for a Fortune 500 company with $700 million in annual sales, three years as vice president and controller for a $300 million public company and 11 years with the second largest local CPA firm in Arizona where he served as Director of the Firm’s Audit Services Division. Before becoming an accounting professional, Don spent six years as a police officer and detective with the Tucson Police Department.

When he’s not at work, you can find Don playing softball or his guitar. He used to play in a rock ‘n roll band.

Education

University of Arizona, Bachelor of Science in Accounting

Affiliations

American Institute of Certified Public Accountants

Arizona Society of Certified Public Accountants, Forensic and Litigation Services Committee, Life Member Award

National Association of Certified Valuators and Analysts

 

Blog Posts by Donald

Tips for testifying in court – stress may not be that bad
Litigation + Valuation Perspectives
November 2018
Phone scams remain on IRS’s Dirty Dozen List
Litigation + Valuation Perspectives
October 2018
Mediation and the CPA expert
Litigation + Valuation Perspectives
September 2018
Why CPAs who testify like QuickBooks
Litigation + Valuation Perspectives
June 2018
CPAs who testify – can they be advocates for their clients?
Litigation + Valuation Perspectives
April 2017
Testifying for the first time – minimizing the jitters
Litigation + Valuation Perspectives
February 2017
Arizona population projections, marriages and divorces
Litigation + Valuation Perspectives
December 2016
Income Determination in Divorce: What Documents Does the Forensic Accountant Review?
Litigation + Valuation Perspectives
October 2016
A Contract to “86” Wife Isn’t Part of the Divorce Settlement
Litigation + Valuation Perspectives
August 2016
The Amazing Court Reporters
Litigation + Valuation Perspectives
March 2016
When Should an Appraisal of a Non-Cash Charitable Contribution be Performed?
Litigation + Valuation Perspectives
January 2016
Life Expectancy – Best and Worst States to Live In
Litigation + Valuation Perspectives
September 2015
Forensic Accountants: What Makes Them Effective – or Not?
Litigation + Valuation Perspectives
August 2015
Divorce Business Valuations: The “Double Dip” and Reasonable Compensation Conundrums
Litigation + Valuation Perspectives
June 2015
Telephone Fraud: Beware of the Big Prize Promise
Litigation + Valuation Perspectives
May 2015
Why CPA Testifying Experts Can’t Accept Contingent Fee Engagements
Litigation + Valuation Perspectives
March 2015
Testifying in Court – It’s Not Just What You Say But How You Say It
Litigation + Valuation Perspectives
February 2015
Two Fast Background Checks to Determine Whether Your Boyfriend (Or Girlfriend) Has a Criminal Past
Litigation + Valuation Perspectives
December 2014
Using Current and Quick Ratios to Help Determine a Company’s Liquidity
Litigation + Valuation Perspectives
September 2014
Employee Supervision – One Way Not to Demoralize Your Staff
Litigation + Valuation Perspectives
August 2014
Save Courtroom Time & Promote Collaboration Between CPA Experts
Litigation + Valuation Perspectives
May 2014
Deposition Testifying Tips for Beginners – Part II
Litigation + Valuation Perspectives
February 2014
Deposition Testifying Tips for Beginners – Part I
Litigation + Valuation Perspectives
February 2014
What Can A Small Business Do As Its First Defense Against Employee Theft?
Litigation + Valuation Perspectives
December 2013
Testifying Awareness – Why CPA Experts Should Be Careful of What They Write
Litigation + Valuation Perspectives
November 2013
Testifying Awareness – Should CPAs Who Testify as Experts be Client Advocates?
Litigation + Valuation Perspectives
September 2013
Testifying Awareness – Black Hats in the Courtroom
Litigation + Valuation Perspectives
September 2013
The Importance of Courtroom Demeanor When Testifying
Litigation + Valuation Perspectives
May 2013
Arizona Expert Witnesses to Be Tested – An Alert for CPAs Who Testify (Part 3)
Litigation + Valuation Perspectives
February 2012
Arizona Expert Witness to Be Tested – An Alert for CPAs Who Testify (Part II)
Litigation + Valuation Perspectives
February 2012
Arizona Expert Witness to Be Tested – An Alert for CPAs Who Testify (Part 1)
Litigation + Valuation Perspectives
February 2012
Deposition Composure
Litigation + Valuation Perspectives
November 2011
Deposition Mental Toughness
Litigation + Valuation Perspectives
October 2011
Discounts in Marital Dissolution Business Valuations – To Discount or Not
Litigation + Valuation Perspectives
August 2011
Is Your Company Vulnerable to Fraud – Part II: Fraud Indicator Checklist
Litigation + Valuation Perspectives
May 2011
Is Your Company Vulnerable to Fraud? Part 1
Litigation + Valuation Perspectives
May 2011
Due Diligence Tips for Buying a Business – Part III
Litigation + Valuation Perspectives
May 2011
Due Diligence Tips for Buying a Business – Part II
Litigation + Valuation Perspectives
May 2011
Due Diligence Tips for Buying a Business – Part 1
Litigation + Valuation Perspectives
May 2011
CPAs Who Testify: Do You Have What It Takes? Part 2
Litigation + Valuation Perspectives
May 2011
CPAs Who Testify: Do You Have What It Takes? Part 1
Litigation + Valuation Perspectives
May 2011
Well Written Shareholder Agreements Avoid Costly Litigation
Litigation + Valuation Perspectives
May 2011
Choosing A Forensic CPA
Litigation + Valuation Perspectives
February 2010
Respecting Staff in the Workplace
Litigation + Valuation Perspectives
November 2009
Finding Hidden Income in Divorce – What do the Forensic Accountants Look At?
Litigation + Valuation Perspectives
October 2009
Ponzi is Not the Dude on Happy Days – Fraud in the Marketplace
Litigation + Valuation Perspectives
September 2009
Fraud in the Workplace – A Novel Use of Bank Statements
Litigation + Valuation Perspectives
August 2009
Fraud in the Workplace – Real Cases (The Water Company Caper or, A Most Unfortunate Drain on Profits)
Litigation + Valuation Perspectives
July 2009
Fraud in the Workplace – True Stories “The Doctors Were In, But Their Cash Was Out”
Litigation + Valuation Perspectives
June 2009
Surviving a Deposition: Part III
Litigation + Valuation Perspectives
May 2009
Surviving A Deposition: Part II
Litigation + Valuation Perspectives
May 2009
Surviving a Deposition: Part I
Litigation + Valuation Perspectives
May 2009

Articles by Donald

Pretty in black - When divorce happens, strange events can occur
April 2018
Identity Theft - Secrets of a Felon
February 2016
Telephone Fraud: The Case of Slick Talking Jack Holiday
June 2015
Does Your Boyfriend (or Girlfriend) Have a Criminal Past?
May 2015
Litigation Services - What CPAs Can't Do for Their Clients
December 2014
Unearthing Fraud in Your Business: Don’t Get Buried By Losses
October 2014
Small Business Employee Fraud - The Doctor's Office
September 2013
Divorce Business Valuations - Why Business Appraisers' Values Differ
March 2013
Personal Injury Cases Getting the Right Information
September 2012
Business Valuations in Litigation Settings - Cost Doesn't Always Equal Value
June 2012
Divorce Business Valuations and the Judge's Dilemma - What Is the Appropriate Standard of Value?
February 2012
Q's and A's About Powers of Attorney: Ensuring Protection of Your Financial Affairs
November 2009

Spell-Check Isn't What It's Kracked Up to Be

AZ CPA, October 2005

The One in the Mirror, an Article on Ethics for CPAs

AZ CPA, April 2004

Changes - Equipment that Is

AZ CPA, July/August 2003

Due Diligence Tips for Buying a Business

Leading Edge Magazine, Vol. 3, Issue 2, 2003

Are You Encouraging Fraud at Your Business?

Leading Edge Magazine, Vol. 2, Issue 4, 2002

Business Appraisals - What Makes Your Business Valuable?

Leading Edge Magazine, Winter 2002

The IRS Pitfalls of Business Valuations

Leading Edge Magazine, Summer 2001

The Skeptical Auditor's Ode to the Balance Sheet

ASCPAs Newsletter, November 2000

Business Valuation - Is It Just Smoke and Mirrors?

The Advisor, Vol. III, 2000

Shareholder Agreements

The Advisor, Vol. II, 2000

Business Valuation in Divorce

The Advisor, Vol. I, 2001

You've Been Wronged! How Do You Recover Your Lost Profits?

The Advisor, Vol. I, 2000