The Many Benefits of an Irrevocable Trust

Jack Prot

Many of my clients ask me about the benefits of using a trust as part of their estate plan but they are unaware that there are many different types of trusts and each may serve an important purpose as a part of your estate plan, depending on what your ultimate […]

Comparison Between Manual and Computerized Accounting

Jack Prot

Accounting is a fundamental slogan of every business. Without the accounting practice, it is difficult to be effective in your business. Its basically helps you to monitor the transactions happening and make sure that all the expenditures are meaningful. Accounting helps you to reduce the unnecessary expenses and increase the […]

Intellectual Property Valuation Or Intangible Asset Valuation in a Merger-Acquisition Transaction

Jack Prot

In the last few years, the identification and valuation of intangible assets, specifically intellectual property related intangible assets, has garnered increased attention worldwide for a variety of reasons that include increased compliance requirements for financial reporting but certainly also in the leveraged finance arena as lending institutions continue to look […]

Currency Position

Jack Prot

Banks are involved in foreign currency operations. When buying / selling them, an asset (requirement) is formed in that currency and there is a liability (obligation) formed in another. Therefore, banks have demands and liabilities in several different currencies which are heavily influenced by currency exchange rates. The likelihood of […]

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