Case Studies
Non-Profit Organization
Location: New York City, New York
Square Feet: 65,000 sq. ft.
Current: $200,000.00
NPV Future: $3,600,000.00
Total: $3,800,000.00
Audit Issues:
- Overstated Management Fee
- Understated Base YearLegal Firm
Location: Chicago, Illinois
Square Feet: 178,000 sq. ft.
Current: $1,500,000.00
NPV Future: $200,000.00
Total: $1,700,000.00
Audit Issues:
- Overstated HVAC Rate
- Tenant Chargebacks
- AllocationsMedia Corporation
Location: New York City, New York
Square Feet: 1,400,000 sq. ft.
Current: $2,900,000.00
NPV Future: $11,500,000.00
Total: $14,400,000.00
Audit Issues:
- Utility Gross-up
- Workers Compensation Insurance
- Tenant ChargebacksPublisher
Location: Detroit, Michigan
Square Feet: 135,000 sq. ft.
Current: $1,800,000.00
NPV Future: $200,000.00
Total: $2,000,000.00
Audit Issues:
- Fradulant Financial StatementsOil Company
Location: New Orleans, Louisiana
Square Feet: 310,000 sq. ft.
Current: $840,000.00
NPV Future: $1,200,000.00
Total: $2,040,000.00
Audit Issues:
- Overstated HVAC Rate
- Real Estate Tax Refunds
- Overstated Management Fees
- AllocationsBanking Firm
Location: New York City, New York
Square Feet: 95,000 sq. ft.
Current: $800,000.00
NPV Future: $400,000.00
Total: $1,200,000.00
Audit Issues:
- Porters Wage EscalationAuction House
Location: New York City, New York
Square Feet: 36,000 sq. ft.
Current: $2,700,000.00
NPV Future: N/A
Total: $2,700,000.00
Audit Issues:
- Payroll
- Management Fee
- Administrative Expenses
- Capital Expenditures
