Fight the Battle on Two Fronts - Liability and DAMAGES

Kevin Flaherty, CPA, CVA

In recent years we have seen our fair share of headline-grabbing corporate shenanigans. Most of these revolve around a corporation loosely interpreting what are known as "generally accepting accounting principles," or GAAP, to improve corporate profits.

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Pittsburgh Office

The Pittsburgh office of Matson, Driscoll & Damico first opened on New Year's Day 2001 to service the firm's growing client base. It is managed by Jeffrey Belack, CPA who became a Partner January 1, 2006. Jeff has worked exclusively as a forensic accountant since 1989 including successfully running his own firm prior to joining MD&D.

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Q: I believe that in a manufacturing BI loss - that expenses directly consumed in the manufacturing process - including manufacturing labor, utilities of manufacturing, etc. - should be counted as a cost of goods, and not put below the line with the SG&A expenses.

A: Click here to read the full answer.

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Chris Ehlers, Martin Martinovic Participate in Lloyd's Secondment
Chris Ehlers, CPA has become the latest Matson, Driscoll & Damico employee to participate in the London-based secondment program with Lloyd's of London.

Marguerite Hart Joins Matson, Driscoll & Damico
Marguerite Hart, CPA has joined the Pittsburgh office of Matson, Driscoll & Damico as Senior Manager.

Shannon Rusnak to Present at PLRB Large Loss Conference
Shannon Rusnak, CPA, CFE, CFFA and Managing Partner for Matson, Driscoll & Damico's Southwest region, will present at the Property Loss Research Bureau's upcoming Large Loss conference.