By Michael Goldman, Senior Managing Director, KCP Advisory Group LLC
Misstatements and omissions of significant information could be the result of either fraud or incompetence. Unfortunately, it is often difficult to tell the difference.
Incompetence is ineptitude and lack of ability, while fraud is intentional deception for financial or personal gain....
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Michael Goldman is a senior managing director of KCP Advisory Group LLC. He has been qualified in both state and federal courts as an expert witness in cases involving fraud, solvency, fairness, commercial damages, marital dissolutions, valuation issues, professional malpractice, and bankruptcy issues. He is a CPA, has an MBA, and holds CVA, CFE, and CFF certifications. Previously, Goldman was a professor at the Lake Forest Graduate School of Management and designed courses in the school’s corporate education division.