Cendrowski Corporate Advisors
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Adam Wadecki interviewed in December issue of Smart Business on "How to become a leaner company and streamline operations." The article defines a lean organization and describes how directors can become more involved in firm operations.
Release date: 01-01-12

John Alfonsi interviewed in December issue of Smart Business on "How enterprise risk management can creat value for venture-backed companies." The article discusses how venture-backed firms can identify and mitigate risks in today's volatile economic climate.
Release date: 12-01-11

Jim Martin interviewed in November issue of Smart Business on "How to mitigate the risks of operational assessments." The article, Part 3 in a series of 3 articles, highlights risks inherent in operational assessments and how to mitigate them.
Release date: 11-01-11

Jim Martin interviewed in October issue of Smart Business on "How an operational can help your organization face its risks head on." The article, Part 2 in a series of 3 articles, highlights the differences between process design and execution assessments. This distinction is central to operational assessments.
Release date: 10-01-11

Jim Martin interviewed in September issue of Smart Business on "How an operational assessment can help an organization identify risk." The article highlights the benefits of performing operational assessments in today's challenging economy.
Release date: 9-01-11

John Alfonsi interviewed in August issue of Smart Business on "How to ensure you choose the right expert witness to improve your legal case." The article provides readers with a list of several attributes an expert witness should possess.
Release date: 8-01-11

Harry Cendrowski and Walter McGrail author "Two Options for Tax Whistleblowers". The article compares whistleblower provisions of the Dodd-Frank Act with those contained in the Internal Revenue Code and demonstrates that, in most instances, tax whistleblowers will prefer to report issues to the Internal Revenues Service rather than the Securities and Exchange Commission.
Release date: 7-21-11

Jim Martin interviewed in July issue of Smart Business on "Dodd-Frank and tax whistleblowers." The article contrasts whistleblower provisions of Dodd-Frank legislation with those contained in the Internal Revenue Code.
Release date: 7-01-11

Walter McGrail interviewed in June issue of Smart Business on "Revisiting sales and transfers of interests in S corporations." The article examines the taxation of S corporations, and presents methods for minimizing tax liabilities in S corporation purchases.
Release date: 6-01-11

Walter McGrail interviewed in May issue of Smart Business on "How to use Tax Risk Management processes to identify and prioritize risk". The third in a series of articles about tax risk management (TaxRM), this article discusses methods for tax risk identification, analysis, and prioritization.
Release date: 5-01-11

Walter McGrail interviewed in April issue of Smart Business on "How to understand the business of the Tax Risk Management Process." The second in a series of articles about tax risk management (TaxRM), the article discusses the function of TaxRM processes as well as typical tax risks faced by organizations.
Release date: 4-01-11

Walter McGrail interviewed in March issue of Smart Business on "How tax risk management can help an organization minimize its overall risk exposure." This first in a series of articles about tax risk management (TaxRM) defines TaxRM and foundational elements of the process.
Release date: 3-01-11

John Alfonsi interviewed in February issue of Smart Business on "How enterprise risk management can create value for a business." The article discusses the ways in which ERM processes can positively influence a valuator's projections and their estimation of a discount rate.
Release date: 2-01-11

Harry Cendrowski interviewed in January issue of Smart Business on "How to manage risks and improve community impact in nonprofit organizations." The article discusses the benefits of ERM processes and the challenges associated with their implementation in nonprofit and charitable organizations.
Release date: 1-01-11

Final manuscript of "The Economics of Enterprise Risk Management" is released by the Society of Actuaries. Harry Cendrowski and Adam Wadecki co-authored the manuscript for the 2010 Enterprise Risk Management Symposium in Chicago, IL. It details suggestions for mitigating risks based on the authors' empirical analyses of supply and demand elasticity.
Release date: 12-28-10

John Alfonsi and Walter McGrail author "Taxation of Pass-through Entities". The article discusses income tax rules that apply to partnerships, multiple-member LLCs, S-corporations and, to some extent, REITs and RICs.
Release date: 12-01-10

Adam Wadecki interviewed in December issue of Smart Business on "How to identify the characteristics of fraudsters and prevent fraud from occurring at your business." The article discusses characteristics of a fraudster as well as vulnerable areas within the organization where fraud may occur.
Release date: 12-01-10

Jim Martin interviewed in November issue of Smart Business on "How the Dodd-Frank Wall Street Reform and Consumer Protection Act can affect your business and valuation methods." The article discusses the implications of the Act for valuation and also practical guidance for illiquid asset holders.
Release date: 11-01-10

Harry Cendrowski and Adam Wadecki author "How Proper Incentives and Governance Create Long-Term Value." The article discusses the primary components of executive compensation plans, and the manner in which these components vary by the stage and maturity of an organization."
Release date: 10-27-10

Jim Martin interviewed in October issue of Smart Business on "How to implement an effective enterprise risk management system at your business." The article describes the types of risks managers should analyze as well as how an effective ERM program can benefit an organization.
Release Date: 10-01-10

Harry Cendrowski interviewed in September issue of Smart Business on "How operational and risk assessments can unlock value and deter fraud." The article describes the advantages of using these assessments in both small and large companies and details the differences between the two types of assessments.
Release Date: 9-1-10

Jim Martin interviewed in August issue of Smart Business on "How business owners can benefit from contemporary forensic accounting." The article describes the benefits of using forensic accountants to assess internal controls and also proactively deter fraud.
Release Date: 8-1-10

Theresa Mack interviewed in July issue of Smart Business on "How to react when your company is the target of a government investigation." The article provides readers with suggestions to minimize missteps and negative publicity when investigations are launched against a company.
Release Date: 7-1-10

Harry Cendrowski and Jim Martin author "Proper Handling of Internal Investigations: Lessons from infoGroup" for the National Association of Corporate Directors (NACD). The article provides guidance for board members and audit committees regarding the conduct of internal investigations. It also provides detailed lessons learned from a recent SEC investigation of an audit committee chairman for his conduct in an internal investigation.
Release Date: 6-4-10

Harry Cendrowski interviewed in June issue of Smart Business on "How to implement successful enterprise risk management." The article provides readers with practical ERM tools they can use to mitigate crises.
Release Date: 6-1-10

Jim Martin interviewed in May issue of Smart Business on "Practical suggestions for mitigating risks with boards of directors." The article provides best practice guidance for building a great board of directors.
Release Date: 5-1-10

Harry Cendrowski interviewed in April issue of Smart Business on "How to Ensure your Executive Compensation Package is Effective, Fair and Legal." The article describes how organizations can ensure their compensation plans are properly tied to their overarching strategy.
Release Date: 4-1-10

Jim Martin interviewed in March issue of Smart Business on "Helping the Helpers." The article describes how economic and governmental struggles are affecting nonprofit organizations.
Release Date: 3-1-10

Adam Wadecki interviewed in February issue of Smart Business on "The Right Buys." The article describes key issues in valuations associated with acquisitions and also various valuation methodologies.
Release Date: 2-1-10

John Alfonsi and Walter McGrail author, "Partnerships and S Corporations: Not All Flow-Through Entities are Created Equal," in the January/February 2010 issue of The Value Examiner.
Release Date: 1-15-10

Adam Wadecki interviewed in January issue of Smart Business on "Building Your Team." The article describes how hire and maintain a staff of talented professionals.
Release Date: 1-1-10

John Alfonsi interviewed in December issue of Smart Business on "Gifting and Transferring". The article describes how business owners can take advantage of the economic crisis to facilitate reduced tax burdens for gifting and transferring purposes.
Release Date: 12-1-09

John Alfonsi interviewed in November issue of Smart Business on "Getting Fair Market Value." In the article, John describes the differences between partnerships and S Corporations and the valuation challenges these organizational structures pose.
Release Date: 11-1-09

Theresa Mack authors "Ferreting Out The Fakers: Checking references (and a whole lot more) during tough times" in HRO Today. The article discusses the importance of employee background checks in today's economic environment.
Release Date: November-2009

Sheldon Mandelbaum interviewed in October issue of Smart Business on "Dissecting RAC". The article describes how hospitals can prepare themselves for the upcoming RAC audits.
Release Date: 10-1-09

Theresa Mack authors "Best Practices for Conducting Background Checks on Board of Director and Executive Officer Candidates". The article describes ways companies can minimize risks associated with the hiring and appointment processes through thorough due diligence practices.
Release Date: 9-14-09

Walter McGrail interviewed in September issue of Smart Business on "Ponzi Protection". The article describes how new IRS pronouncements can help protect individuals' wealth.
Release Date: 9-1-09

Harry Cendrowski and Adam Wadecki author "How Boards Can Institute A Risk-Centric Culture" in Law360. The article details a methodology directors and executives can use in instilling a risk-centric culture in their organizations.
Release Date: 8-10-09

Jim Martin interviewed in August issue of Smart Business on "Assessing Risk". The article describes methods companies can use to assess risks in today's changing economic environment.
Release Date: 8-1-09

CCA's Scott McCallum quoted in Private Equity Online article, "FDIC Proposes Tighter Rule on Private Equity Bank Deals". In the article, Scott states, "The FDIC doesn't want [investors] to come in, pluck off a bank and in short order flip it. On the other hand, you can't force real long term holds on [investors]...something like 18 to 24 months might be OK."
Release Date: 7-13-09

Harry Cendrowski interviewed in July issue of Smart Business on aligning goal-setting processes with an organization's vision, mission, and values. The article, titled "In Alignment," offers directors and executives insight into holistic performance measurement processes.
Release Date: 7-1-09

Scott McCallum discusses the challenges bankers and valuators face when performing bank valuations in the current economic environment. His article, titled, "Bank Valuations: A Tough Environment for Bankers and Valuators" recently appeared in The Value Examiner.
Release Date: 6-1-09

Harry Cendrowski interviewed in June issue of Smart Business on "Managing Risk". In the article, Harry discusses how holistic risk assessments can help organization mitigate risks in challenging economic times.
Release Date: 6-1-09

Adam Wadecki interviewed in May issue of Smart Business on "Operating in Difficult Times". In the article, Adam talks about how organizations can streamline their operations in today's challenging economy.
Release Date: 5-1-09

Austin Marks interviewed in April issue of Smart Business on "Closer Scrutiny". In the article, Austin talks about lenders' demand for asset qualifications.
Release Date: 4-1-09

Scott McCallum interviewed in March issue of Smart Business on "Process Your Own Checks?". In the article, Scott describes the costs and benefits to organizations of using remote deposit capture.
Release Date: 3-01-09

John Alfonsi interviewed in February issue of Smart Business on "Protect Private Investments", a piece detailing the importance of proper due diligence for hedge fund and private equity investors.
Release Date: 2-1-09

Harry Cendrowski interviewed in January issue of Smart Business on "Troubled Economy Plan: How to Make Intelligent Changes to Your Company in Troubled Times".
Release Date: 1-1-09

Jim Martin and Austin Marks author "Banking on Fraud: Tips to Determine if Your Client is Cooking the Books".
Release Date: 12-1-08

Harry Cendrowski interviewed in December issue of Smart Business on “New Rules for Nonprofits”.
Release Date: 12-1-08

Theresa Mack interviewed in October issue of Smart Business on “Issues in Money Laundering”.
Release Date: 10-1-08

Jim Martin interviewed in September issue of Smart Business on “Organizational Control”.
Release Date: 9-1-08

Jim Martin and Harry Cendrowski author "Financial Statement Fraud and the Lending Decision".
Release Date: 3-1-08

Jim Martin interviewed on Key performance indicators in the April 2008 edition of Smart Business Detroit.
Release Date: 4-1-08

Harry Cendrowski authors article "Bad faith and a lack of document retention and destruction policy can lead to sanctions"
Featured in Detroit Legal News (PDF 182 KB) and Oakland County Legal News. (PDF 179 KB)
Release Date: 2-8-2008

Harry Cendrowski releases Detroit Legal News Article: "Cost of Windows Vista extends beyond retail price."
View PDF (354KB)
Release Date: 11-9-2007

Detroit Legal News features Harry Cendrowski's article: "Sarbanes-Oxley: Five Years Later. Trailblazer's Plight Could Deter Future Whistle-Blowers."
View PDF (346KB)
Release Date: (7-13-2007)

Harry Cendrowski authors article: "Big Change for Little Non-Profits: Youth Sports Teams and Associations, Community Groups Could be Impacted" for the Detroit Legal News
View PDF (104KB)
Release Date: (5-25-2007)

CCA authors Detroit Regional Chamber Tips 4 Biz Article: "Human Resources: Hire Education -- A Proactive Approach to Deterring Employee Fraud"
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Release Date: 4-13-2006

Cendrowski Corporate Advisors releases article: "Governance & Private Equity."
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Release Date: 8-18-2004

CCA releases "New Review Standard: Check Your Malpractice Insurance."
View PDF (Post SSARS 10 release) (68 Kb)
Release Date: 8-18-2004
View PDF (May-June - Pre SSARS 10 release) (182 Kb)
Release Date: 5-17-2004
This article was originally published prior to the release of SSARS 10 in the May-June Edition of NACVA's "Valuation Examiner" and was later published in the Journal of Forensic Accounting after the SSARS 10 was released.

Cendrowski Selecky releases article: "The Impact of Internal Control Structures on Business Valuations".
View PDF (262 Kb)
Release Date: 8-4-2003

CS releases article: Fraud & Internal Control Reviews to State Bar of Michigan - Legal Administrators Section.
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Release Date: Spring 2003

Andrea Gonzalez Named Senior Manager, Cendrowski Corporate Advisors (read more) CCA Approved as Accredited CLE Provider ("ACLEP") for Illinois MCLE Harry Cendrowski Joins Schiller DuCanto & Fleck Family Law Center Advisory Board Institute of Internal Auditors reviews Enterprise Risk Management and COSO: A Guide for Directors, Executives, and Practitioners Theresa Mack Authors Biweekly Fraud Column in Chicago Defender Harry Cendrowski and Jim Martin author article for Directorship.com CCA releases third book: Enterprise Risk Management and COSO: A Guide for Directors, Executives, and Practitioners