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Finding & Understanding Red Flags in Financial Statement Documents


Thursday, August 12, 2010
8:30 am: Registration/Networking/Light Breakfast
9:00 am: Program - 1 hour CLE
Cost: Program is Complimentary


Marcum LLP
401 East City Avenue
Bala Cynwyd, PA 19004

Being able to read and understand financial statements is key to gaining insights into the business and operations of a company. However, many financial statements contain indicators or "red flags" that something is or may be wrong, and that an in-depth analysis of the business may be warranted. This program will help you identify red flags and gain a basic understanding of what they may mean to your client and you including:

  • The different ways an accounting firm is "associated" with the financial statements
  • Why it is important to read and understand the Notes to Financial Statements
  • Potential red flags in Supplemental Financial Statements
  • What to do when you have identified a red flag
David A. Anderson, CPA
Manager, Advisory Services


As a Manager in the Marcum Advisory Services Department, David Anderson specializes in Forensic Accounting, Business Valuations, Insolvency and Reorganization, White Collar Crimes, and Litigation Support including Business, Commercial and Matrimonial Litigation. He is a Certified Fraud Specialist, and is proficient in the use of specialized data mining software to aid in detection of fraud and other complex financial analyses. David brings to Marcum more than 30 years combined experience in public accounting and consulting as well as service at the CFO and COO level in private and public companies.


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