High Times for CPAs? – Forensic Accounting Services in the Budding Cannabis Industry EXTRA

Forensic and Valuation Services (FVS)

Clay and Howard got into the cannabis industry because it presented interesting opportunities to serve new clients in a growing industry. The learning curve has been steep given the regulations and cash-based nature of the business, and building trusted relationships is key to success.

Forensic accountants can play an important role as the industry matures and consolidates. Especially to help sort out

• Profitability issues that lead to litigation
• Due diligence for mergers and acquisitions
• Investigating fraud risks

Guests: Howard M. Silverstone, CPA/CFF, Executive Vice President, J.S. Held Clay Kniepmann, JD, CPA/ABV/CFF, Forensic, Valuation, and Litigation Principal, Anders CPAs and Advisors Host: Jennifer Oyadomari, CPA/ABV/CFF, President, Forensic Solutions

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This podcast episode is part of the extensive resource library available from the AICPA’s Forensic and Valuation Services Section, the premier provider of guidance, tools, and advocacy for professionals who specialize in providing forensics, valuation, litigation, and fraud services. Visit us online, and if you’re not already a member, consider joining this active community of your FVS peers. You will get 16 credits of complimentary CPE and access to rich technical content, including BRGonline, Daubert Tracker, and Merger Shark.

RESOURCES FOR FURTHER EXPLORATION If you’re using a podcast app that does not hyperlink to the resources, please visit https://fvssection.libsyn.com/fvs to access the show notes with direct links.

Keeping up with changes in the cannabis industry Getting to the root of cannabis accounting

FVS Section benefit: Marijuana and forensic accounting - high times for CPAs? | FVS Eye on Fraud

AICPA & CIMA Cannabis Industry Conference AICPA member discount available

LEARN MORE ABOUT Accredited in Business Valuation(ABV) – Visit the home page and/or check out the ABV Infographic

Certified in Fraud and Forensics (CFF) - Visit the home page and/or check out the CFF Infographic

This is a podcast from AICPA & CIMA, together as the Association of International Certified Professional Accountants. To enjoy more conversations from our global community of accounting and finance professionals, explore our network of free shows here. Your feedback and comments are welcomed at [e-mail]