Gary Kane, Owner and Managing Partner of Kane Forensic Accounting, a forensic accounting firm in Orlando, shares three common misconceptions regarding business valuation

Orlando, FL – January 3, 2012 – Gary Kane, Owner and Managing Partner of Kane Forensic Accounting, an Orlando forensic accounting firm, recently published a blog on his website (http://www.kaneforensic.com) discussing common misconceptions regarding business valuation. The blog, titled “Three Business Valuation ‘Facts’ to Ignore,” focuses on three common misunderstandings. 

Gary Kane writes, “The business valuation process, while essential for business owners, is often misunderstood. As a result, business owners don’t know when a valuation is necessary or how to begin preparation.”

Kane Forensic Accounting specializes in forensic accounting. They leverage their specialized knowledge to provide valuable insight which enables their clients to make informed financial decisions.

The entire blog can be found at http://www.kaneforensic.com/blog/three-business-valuation-facts-to-ignore.php

To learn more about Kane Forensic Accounting, please visit http://www.kaneforensic.com

About Gary Kane:

Gary Kane is owner and managing partner of Kane & Associates, and a licensed CPA in the state of Florida.  His primary responsibilities include the planning and utilization of personnel, budgeting, cash flow management, and overall firm marketing.  Mr. Kane has been responsible for all tax preparation and planning functions within the firm.  He performs the final, technical review of all audit and review engagements.

Mr. Kane has lectured widely on various aspects of income and estate planning and personal financial planning.  He has appeared on several local television shows and has appeared on a national cable television program broadcast on the Satellite Program Network.  With his background in tax and financial planning, Mr. Kane has been instrumental in assisting clients in the formation, implementation, and management of several real estate ventures, beginning with the planning stage through the completion and ultimate management or sale.

Mr. Kane received his BSBA with honors with a major in accounting from the University of Florida and has a Masters of Science in Accountancy from the University of Central Florida.  He has over thirty-five years of public accounting experience, including four years with the international accounting firm of Alexander Grant (Orlando, Florida), before becoming a founding partner of Kane & Associates of Winter Park, Florida, in 1975.  Mr. Kane was also an accountant with Chevron Oil Company in charge of fixed asset accounting for all oil and gas properties in Louisiana, Mississippi, Florida and Alabama.

Mr. Kane is a member of the American and Florida Institutes of Certified Public Accountants and has satisfied the requirements to be accredited in Business Valuation by the American Institute of Certified Public Accountants.  Mr. Kane is a Certified Valuation Analyst and member of the National Association of Certified Valuation Analysts.  He is past president of the Central Florida Chapter of the International Association for Financial Planning and has served as Chairman of its Board of Directors.

Mr. Kane has been an adjunct professor at the University of Central Florida teaching intermediate accounting and has assisted the Small Business Development Center at the University of Central Florida in lectures on business acquisition and accounting systems for small businesses.  Mr. Kane assists attorneys in numerous areas, including tax planning, litigation, and divorce settlements.  He has testified for over twenty years as an expert witness in Orange, Osceola, Brevard, Seminole, and Volusia counties.