The Barson Group - Forensic accounting, Investigative accounting, Business valuations in NJ

Welcome to The Barson Group.

We are an accounting firm located in Somerville New Jersey, specializing in litigation support services, financial investigations and business valuations. We offer the "usual" services that a local accounting firm provides - such as tax planning and return preparation, related financial planning, general business services including consulting and preparation of financial statements, and assistance to internal accounting department personnel. In addition, we have extensive experience performing financial investigations for all forms of litigation (such as shareholder suits, partnership dissolutions, divorce proceedings, fraud and embezzlement matters, insurance claims and the like); as well as investigating finances for matters of funds flow tracing and determining income. We also have extensive experience in valuing a wide range of businesses - for litigation purposes, as well as for estate and gifting, and shareholder or partnership agreements. We welcome new clients, and invite your inquires.

Plese visit our website at www.barsongroup.com

Why is this Valuation Different Than All Other Valuations

Why is this Valuation Different Than All Other Valuations
by Kalman A. Barson, CPA/ABV, CFE, CFF
of The BARSON GROUP
www.barsongroup.com

It is possible that more business valuations are done for and in the context of divorces than for any other reason. However, the field of divorce presents a plethora of unique issues, some of which really have nothing to do with the technical aspects of business valuation. While the forensics, funds flow tracing, determination of income and determination of benefits is conceptually the same regardless of the purpose of the valuation, in some ways, divorce business valuation is like no other valuation.

There is likely no real transaction.

No matter what the rules are, Courts often create their own sense (and blend) of value.

Equity, or some interpretation of same, can be a driving factor in determining the value of a business.

The buyer of an interest in the business often has to continue to support the seller’s lifestyle.

Where part or all of the interest being valued was received via gift or inheritance during the marriage, or perhaps even prior to the marriage, present twists unique to divorce.

And then there’s the infamous “double dip”. In any valuation but a divorce valuation we merely have to value the interest at hand. In a divorce context, the person buying out the interest is also often called upon to maintain the lifestyle enjoyed during the marriage – to pay alimony, support or whatever. A problem arises, in the eyes of some, when we realize that it is the same “excess” income used in determining value, that same income which has created value, that is also being used at the same time for support. Is that fair – or is it a double dip. If it is a double dip, how do we address it.

To view the entire article please go to www.barsongroup.com

Kalman A. Barson - CPA/ABV, CFE, CFF, founder of The BARSON GROUP, Somerville NJ

Kalman A. Barson, CPA/ABV, CFE, CFF is the founder of The BARSON GROUP, a CPA firm with offices in Somerville, New Jersey. Kal and The BARSON GROUP specialize in litigation support services – including financial investigations, income determination, business valuations, expert witness testimony, funds flow tracing, and related tax consulting and financial planning. Kal is a frequent lecturer, having spoken on behalf of the American Institute of CPA’s, the New Jersey Society of CPA’s, the Institute for Continuing Legal Education, various Bar Associations and legal groups and various other professional and business organizations. He is the author of several books and numerous articles, and a frequent lecturer.

To read more on The Barson Group please visit out website at http://www.barsongroup.com/.