Levine, Jacobs & Company, LLC, Member Interviewed On Financial Mischief
Friday, October 25, 2013 • 4:59pm
-The Importance of Forensics in Finding Financial Fraud-
Livingston, NJ -- Michael H. Karu, CPA/CFF/CGMA, Member, Levine, Jacobs & Company, LLC, www.ljcpa.com was recently interviewed by New Jersey Business magazine, the flagship publication of the New Jersey Business & Industry Association (NJBIA), in its September 2013 issue
Shows like CSI have created a huge public interest in the field of forensics. Karu spoke with writer, Mike Silverstein for this article, “Financial Mischief Afoot? Call a Forensic Accountant….How CPAs help uncover fraud and other financial shenanigans.” They spoke on Karu’s training, the deep relationships needed to be successful in this field, especially when being asked to testify as an expert witness. Karu elaborated on the variety of clients that can be helped with forensic accounting such as divorcing couples– where one party is believed to be hiding or skimming money from the other spouse. This is just one example illustrating the use of forensics in identifying financial fraud.
Michael H. Karu is a Certified Public Accountant of the State of New Jersey and member of the accounting firm of Levine, Jacobs & Company, LLC. Michael received his Certification in Financial Forensics from the American Institute of Certified Public Accountants (AICPA) in 2008 and as a Chartered Global Management Accountant in 2012. In addition to his many duties as member in charge of the business valuation and litigation support, health care and food groups, Michael heads the firm’s estate and trust practice.
Michael is qualified by the Superior Court of New Jersey, Family Part as an expert witness and as an authority on business valuations, specifically for closely held or family-owned businesses. In addition, Michael is a Certified Divorce Mediator.
He holds professional memberships in the American Institute of Certified Public Accountants, the AICPA Tax Division and the AICPA Business Valuation, Forensics and Litigation Services Section. He is a member of the New Jersey Society of Certified Public Accountants where he has been active in the Litigation Services Committee, Business Valuation Sub-Committee, State Healthcare Committee, Committee for Non-Profit Organizations, and the Committee for Young CPAs, for which he chaired.
Mr. Karu received his B.S. degree in Business Administration from The Ohio State University.
Levine, Jacobs provides a unique combination of twenty-first century accounting, business consulting and financial planning services to a diverse list of individuals located primarily in New Jersey, New York and Pennsylvania.
Levine, Jacobs & Company, L.L.C. prides itself on its teamwork abilities where “every account receives the talent and expertise of the whole firm.” With headquarters in Livingston, NJ, clients are located throughout the New Jersey, New York and Pennsylvania tri-state region.
Levine, Jacobs & Company, L.L.C. maintains memberships in the American Institute of Certified Public Accountants and the New Jersey Society of Certified Public Accountants.