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Understanding the Difference Between Calculation vs. Valuation Engagements

Hertzbach’s Robert Cantor, CPA, CVA, CFE has been published in the Daily Record of Maryland, explaining the difference between calculation and valuation engagements, two different methods to determine the value of a business and how this differentiation may be essential for companies to better serve their clients. To read the full article visit: http://thedailyrecord.com/2017/09/26/robert-n-cantor-valuations-column/ Mr.…

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Lead, Inspire, Transform: Meeting Tomorrow’s Challenges Today

Patrick Trotta, CPA, CHC, partner at Hertzbach, will be presenting “Strange Bedfellows – NOT! Relations Between Acute Care and Post Acute Care Providers” as a part of LifeSpan Network and the Health Facilities Association of Maryland 2017 Annual Conference, Lead Inspire, Transform: Meeting Tomorrow’s Challenges. Patrick is a partner in Hertzbach’s Healthcare Industry Services Group…

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Hertzbach Is A Proud Sponsor for “City Shred Day” Event

Hertzbach is proud to be a sponsor for Baltimore’s “City Shred Day,” an event that encourages the Baltimore community to bring documents for secure, on-site destruction. All proceeds from the event will support the local organization, Strong City Baltimore. There is no limit on how much you can shred and the event will also include…

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Valuation takes center stage when business owners divorce

Splitting up a marital estate can be a long, complicated process, particularly if it includes a private business interest. Fortunately, a valuation professional can provide answers to these critical financial questions: How much is my business interest worth? There are three ways to value a business: the cost, market and income approaches. All of these…

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Robert Carter Discusses Career with Rausch Law, LLC

Hertzbach’s senior manager, Robert W. Carter, MS, CPA, CVA, CFE, CEPA recently spoke with Rausch Law, LLC as a part of their podcast, Inner Circle, to discuss his career and to offer advice to aspiring individuals within the accounting and finance field. Robert Carter joined Hertzbach in 2007 and now exclusively manages the Business Valuation,…

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Beat the summer heat and shop Maryland Tax-Free Week

Just in time for back to school shopping, Maryland apparel retailers are beginning a week of tax-free sales. The second Sunday of August to the following Saturday is designated as Shop Maryland Tax-Free Week each year. That means qualifying apparel and footwear $100 or less, per item, are exempt from the state sales tax. Accessory items are generally…

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Fight fraud with these common managerial accounting tools

When thinking about the ways financial experts can uncover fraud, data analysis and other forensic accounting techniques may come to mind. But qualified experts also know how to use everyday managerial accounting practices to ferret out fraud. Budgets Budgets can provide insight into how management expects a company to perform in the near future. As…

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How FRCP amendments affected e-discovery rulings in 2016

The amended Federal Rules of Civil Procedure (FRCP) took effect in December 2015. What effect did the amendments have on cases involving the discovery of electronically stored information (ESI)? The answer may be found in a recent study published by Kroll Ontrack, a data recovery and e-discovery consulting firm. The conclusions drawn can help you…

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