Accounting Liability Issues
Analysis Group brings the appropriate balance of litigation experience and technical expertise to accounting liability issues, to which we apply a broad range of analytical and investigative techniques.
Our affiliates – some of whom have worked for the SEC, FASB, and PCAOB – provide expertise in assessing specialized issues such as accounting for derivatives, tax effects of accounting decisions, and corporate governance.
We have examined many complex accounting liability issues, including whether:
- Financial statements complied with GAAP and/or contract terms, including debt covenant ratios
- Information suggesting an imminent bankruptcy was publicly available or concealed
- Circumstances leading up to financial misstatements were consistent with fraud
- Post-closing adjustments were properly calculated in purchase price disputes
- Featured Expert Elizabeth A. Eccher Clinical Professor of Accounting, University of Illinois, Chicago
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Case Outcome
SEC Investigation into Accounting and Disclosure Practices
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Case Outcome
J.C. Van Apeldoorn and E.T. Meijer, In Their Capacity as Trustees in Bankruptcy for KPNQwest N.V., et al. v. Qwest Communications International, Inc. (“Qwest”), et al.
- Featured Expert John M. Lacey Ernst & Young Research Fellow, Professor of Accounting, College of Business Administration, California State University, Long Beach
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Publishing
Keeping covenants: Getting debt ratios rightJournal of Accountancy, June 01, 2018