Candon, Todd and Seabolt have written a brief, accessible

introduction to business valuation and forensic accounting to

help Hawaii residents involved in settling disputes over the values

of businesses and business interests. Most often these sorts of

disputes come about because co-owners of businesses are going

their separate ways. It may be because of a pending divorce. It

may be due to a disagreement among the co-owners. Whatever

the motivation, this book will help the parties and their advisors

chart their future course.

This primer on business valuation and forensic accounting is

designed for business owners but may be of interest to others in

the islands of Hawaii and elsewhere.

Included is a brief summary of the major business valuation

professional credentials, the related professional standards and

a brief description of the process involved in developing an

opinion of the value of a business interest. It also summarizes,

from a valuation analyst's point of view, the case law that guides

the valuation of businesses in Hawaii in the context of divorce.

Forensic accounting standards, credentials and procedures, as

well as examples of certain fraud schemes, are also included

because, in financial disputes, one or more parties sometimes

suspect that someone else is hiding the financial ball.