Gettry Marcus, an NYC and Long Island CPA Firm, Comments on What Businesses Should Look for When Hiring an Accounting Firm in an Ownership Dispute Case

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Woodbury, NY (PRWEB) February 17, 2014

New York and Long Island CPA firm Gettry Marcus CPA, P.C. discusses characteristics to look for in an accounting firm that will be taking on an ownership dispute case.

Ownership disputes can be stressful and complex. Organizations that are involved in an ownership dispute should seek an accounting firm that has expertise in data mining. The firm should have a team of highly credentialed and experienced forensic accountants and business valuators that have the skills necessary to analyze financial information and present results in a clear and cogent manner.

The accounting firm should also be sensitive to the needs and objectives of the client and have experienced professionals that can assist business owners with shareholder or partner disputes. The firm should have prior experience investigating allegations regarding misappropriation of assets and/or income, untangling complex accounting issues, interpreting key financial contract provisions and determining the value of a business.

Gabe Shurek, Director at Gettry Marcus CPA, P.C. and a member of the firm’s Business Valuation & Litigation Services Group, says, “A business that needs an accountant for an ownership dispute should not just assume that any tax and audit firm can handle the assignment. Ownership disputes may involve a component of forensic accounting and business valuation, so a firm that is experienced and credentialed in both of these areas may be important in your matter. A business should also look for a firm that is technologically advanced, such as one with access to data mining software and information that can investigate the people in addition to the money. This combination of experience and technology can result in an effectively run matter, and can assist in a favorable outcome.”

Gettry Marcus also has a downloadable example of an ownership dispute case study available.

Gettry Marcus CPA, P.C., a top New York City and Long Island CPA firm with offices in Woodbury, Long Island and New York City. We provide accounting, tax, and consulting services to commercial businesses, high net worth individuals and various industries which include real estate and health care. We have one of the premier and most credentialed business valuation, litigation and forensic accounting groups in the New York Area. Our experience in diverse industries and a highly talented and experienced professional staff gives us the ability to share valuable insights into our clients’ businesses, to better understand their goals and problems and to help them attain the vision they have for their company.

Gettry Marcus is "Always Looking Deeper" to build value for our clients.

Media inquiries: Contact Fayellen Dietchweiler at 516-364-3390 ext. 225 or via email at Fdietchweiler (at) gettrymarcus (dot) com.

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