Home Add to Favorite Contact Submit  
           06 December, 2022

Category:  Press » Legal


Forensic Accountants Crucial in Gulf Oil Spill

         Views: 3455
2010-06-30 06:42:24     
Epps CPA Consulting PLLC

Forensic accountants will be instrumental on who gets how much money from the $20 billion fund set aside by BP as we approach the 71st day of the oil spill in the Gulf of Mexico.

According to Joe Epps, President of Epps CPA Consulting PLLC, (www.eppscpa.com) the current focus of the fund is on economic damages, not liability. "This is what many forensic accountants do - they measure and support economic damages," he said. He notes that in this case, the parties involved include individuals, businesses and governmental bodies.

Economic hardships for individuals can include property damage, lost income cleanup costs, loss of property value and even wrongful death.

Businesses damages entail loss of business and/or property value, as well as cleanup costs and environmental remediation to name a few.

Government bodies can acquire money from the BP fund for lost tax revenues, damage to natural resources, cleanup costs, and property damage.

Epps, who regularly teaches classes in forensic accounting at Arizona State University, has long been known as Arizona's foremost expert in forensic accounting. He teaches about white collar crime to investigators in the Phoenix Police Department and runs his own practice in Scottsdale.

"Many people have been hard hit in the Gulf and we're here to do what needs to be done in the area of forensic accounting," he said. "We can prepare the cases of individuals and businesses, so that they can get back on their feet."

Epps CPA Consulting PLLC is a Forensic Analysis accounting firm located in Scottsdale, Arizona. Led by their president, Joe Epps, the company is a member of the Association of Certified Fraud Examiners ACFE; American Institute of Certified Public Accountants AICPA; National Association of Certified Valuation Analysts NACVA; National Society of Professional Insurance Investigators NAPII; National Association of Forensic Economists NAFE; Arizona Society of Certified Public Accountants; ASCPA; and Loss Executives Association LEA. For more information, please call (480) 595-0943 or visit www.eppscpa.com.

Specialized in: Joe Epps - Joe Epps Cpa - Tim Tribe - Tim Tribe Cpa - Forensic Accounting - Forensic Accountant - Forensic Accountants - Forensic Accounting Education - Azrizona State University Forensic Accounting - Insurance Claims
URL: http://www.eppscpa.com
Print press release      Bookmark this page
Related Press releases 
Fairfax Title Company Answers How Mortgage Refinancing Works (Popularity: ): Fairfax, Virginia (press.abc-directory.com) December 2, 2019 - Mathis Title Company, a Fairfax title company, recently published a blog called "How Mortgage Refinancing Works to help homeowners better understand the refinancing process. This can assist them in getting better refinancing deals and saving money for other investments.Mortgage refinancing is the process of replacing an existing mortgage with a new loan, often with a loan that offers lower monthly payments, lower interest ...
McMahon & Winters Announces Sponsorship of Lancaster Newspapers' Food & Spirits Festival on 7/13/14 (Popularity: ): Lancaster, PA ( press.abc-directory.com ) June 19, 2014 - McMahon & Winters Law Firm is pleased to be a part of the Lancaster Newspapers' fourth annual Food & Spirits Festival as the parking sponsor. The Festival is an annual event showcasing local restaurants, vineyards, retailers, microbreweries, musicians, distilleries, and more. McMahon & Winters Law Firm is excited to join in this year's festival, dedicated to those who relish delicious food, ...
Two Happy Homes, Inc. Sponsors TDE - The Divorce Expo™ in Naperville (Popularity: ): Ann Arbor, MI, July 04, 2012 -- The first Metro Chicago The Divorce Expo™ will take place August 18 at the Hotel Arista, at CityGate Centre in Naperville. The expo is designed for those facing the challenges of divorce; whether they are considering divorce, currently living through a divorce or dealing with the aftermath. The event offers top experts in their fields, keynote speakers, 20 plus interactive seminars and demonstrations.“With ...
New Legal Advice Engine launched for Solicitors and Law Firms (Popularity: ): Legal question and answer company, Expert Answers Ltd, has launched its Online Legal Advice Engine for use by solicitors and law firms in the United Kingdom.Online legal advice specialist, Expert Answers Ltd, has announced the launch of its new Legal Advice Engine for solicitors and law firms in the UK. This engine will benefit solicitors and law firms in three ways:• an additional service to offer clients • revenue generation • source ...
Leading Atlanta Law Firm gets a New Web Presence (Popularity: ): MENLO PARK, CA -- December 10, 2012 - Martenson, Hasbrouck & Simon LLP, a leading Atlanta, GA, based law firm recently launched their redesigned website with a new look web presence designed by Flying Cow Design. The law firm's new website is designed to address the changing legal needs and connect with a growing web-savvy audience. The law firm is among the leading law firms in Atlanta, GA, specializing in ...

Press release home snapshot 

Related Business 
Crucial, Inc. (Popularity: ): Designer, manufacturer, and distributor of a full line of wastewater treatment, oil spill control products, and equipment.
Gulf Oil Marine Limited (Popularity: ): Gulf Oil Marine has its HQ located in Hong Kong and thanks to the partners of the Sealub Alliance, Gulf Oil Marine products and services are available worldwide. Gulf Oil Marine and the Sealub Alliance network ensure a wide coverage of world ports and maintain rigorous standards.
Oil Spill Web (Popularity: ): Online equipment and service directory, conferences, RFQs, emergency contacts, news, science, debate, and oil spill response handbook.
Latest Offshore Oil and Gas Drilling News (Popularity: ): Worldwide oil and gas drilling news and events for oil and gas industry covers Asia, Middle-East and Africa. After dual setbacks of a recession and the BP spill, the oil and gas industry is seeing signs of a global rebound in deep-water drilling, even as the outlook remains cloudy in the Gulf of Mexico.
American Products (Popularity: ): Provides oil absorbents, oil solidifiers, oil encapsulators, oil spill response kits, industrial cleaners and degreasers.
Tern Environmental (Popularity: ): Based in Houston, the petroleum and chemical mega hub of the world, Tern Environmental is specialized in oil/chemical spill control and spill cleanup products, such as containment booms, spill kits, absorbent booms, absorbent rolls, absorbent pads, absorbent pillows, etc. Our application proven spill control and spill cleanup products also have global reach in South America, Middle East, Asia, and Europe.
Versatech Spill Containment & Recovery Technology (Popularity: ): Manufacturers oil spill containment booms, oil recovery skimmers, boom storage reels, pollution equipment storage trailers, aluminium and fiberglass work boats.
Never Miss Important Tweets On Twitter (Popularity: ): How often has twitter been your source of breaking news? Think Mangalore plane crash, gulf oil spill updates. How many times in the recent past did you learn about those tid-bits from your twitter stream?
Forensic Accountants Society of North America (FASNA) (Popularity: ): Organization of independently owned CPA firms that provides a national network for conducting forensic accounting assignments.
Tern Environmental (Popularity: ): Tern environments provides you those products which is used for the spill clean ups, spill control Such as Pads, Rolls, Booms, Pom Poms, Drum Pads, Spill kits. You can purchase these products online also. We are committed to providing superior quality and environmental friendly absorbent products that are used for the clean-up of oil and chemical spills.