Valuation, Forensic & Litigation

AI: Where Have All The Yellow Legal Memo Pads and Green Ledger Paper Gone?

AI: Where Have All The Yellow Legal Memo Pads and Green Ledger Paper Gone? 150 150 SAX - Advisory, Audit and Accounting

Why am I writing about yellow and green ledger paper? As a Forensic Accountant with over 40 years of experience, I often was exposed to these artifacts of the past and was…

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Branching Into No-Fault Lost Earnings Claims

Branching Into No-Fault Lost Earnings Claims 150 150 SAX - Advisory, Audit and Accounting

Background  SAX was engaged to evaluate the lost earnings portion of an individual’s no-fault claim under New York State law. The Insured, an owner-operator of a tree removal and landscaping business, was involved…

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The Risks and Responsibilities of Valuation Reviews and Litigation Valuations

The Risks and Responsibilities of Valuation Reviews and Litigation Valuations 150 150 SAX - Advisory, Audit and Accounting

As a valuation specialist, I am frequently retained to review valuation reports prepared by other experts. The reasons for these engagements are varied. For example, accounting firms that do not offer valuation services…

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The Cost of Capital in a Business Valuation

The Cost of Capital in a Business Valuation 150 150 SAX - Advisory, Audit and Accounting

In performing a business valuation, deciding whether to use the weighted average cost of capital (WAAC) or a build-up method depends on the circumstances. Both methods are appropriate in valuing a business.  …

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Why Rent Rolls Aren’t Enough to Support a Loss of Rents Claim

Why Rent Rolls Aren’t Enough to Support a Loss of Rents Claim 150 150 SAX - Advisory, Audit and Accounting

When a property owner experiences a loss — fire, water damage, hurricane, or another covered event — the first instinct is often to hand over the rent roll to the…

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NY-Sun Prevailing Wage Compliance

NY-Sun Prevailing Wage Compliance 150 150 SAX - Advisory, Audit and Accounting

About NY-Sun  The NY-Sun Program, administered by NYSERDA, is New York State’s statewide initiative to expand solar energy adoption and move the state toward a clean-energy future. NY-Sun provides incentives…

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Prevailing Wage and Local Spend Compliance Review

Prevailing Wage and Local Spend Compliance Review 150 150 SAX - Advisory, Audit and Accounting

SAX was engaged to provide forensic consulting services on a multibillion-dollar renewable energy construction project in New York that was subject to strict prevailing wage requirements and state mandated reporting obligations.…

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Case Snapshot: Prevailing Wage Misclassification Identified and Corrected

Case Snapshot: Prevailing Wage Misclassification Identified and Corrected 150 150 SAX - Advisory, Audit and Accounting

Client Profile: Project Owner – New York State Energy Construction Project Scope: Independent prevailing wage compliance review across multiple tier-one contractors and their subcontractors.  The Situation  SAX was engaged by the project…

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Explaining Prevailing Wage Payroll Audits and Why You Should Care

Explaining Prevailing Wage Payroll Audits and Why You Should Care 150 150 SAX - Advisory, Audit and Accounting

In the construction industry, particularly on publicly funded projects, prevailing wage laws ensure that workers are paid according to regional standards. A prevailing wage payroll audit is a formal review…

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SAX - Advisory, Audit and Accounting