John Samore III is a Certified Public Accountant and Certified Fraud Examiner with over 25 years of experience in forensic accounting, fraud investigations, and litigation. He has worked with Big 4 firms and other professional service firms, collaborating with companies across various industries.
John specializes in financial, managerial, and operational due diligence for M&A transactions, including quality of earnings and working capital analysis. He has also performed internal audits, control testing, SOX compliance, and policy recommendations. His experience spans government entities, nonprofits, and public and private companies in industries such as banking, healthcare, media, retail, real estate, manufacturing, agriculture, and more.
During our conversation, he discusses:
The importance of separating emotions from business decisions
Key takeaways from his experience dealing with financial crimes and fraud cases
Why quality of earnings is important for early-stage investments
Typical mistakes angel investors and entrepreneurs make in this area
Practical questions that angels should consider asking before committing to a deal
Risk assessment and when to engage professionals for due diligence
Listen now on Spotify, Apple Podcasts, and YouTube.
What We Cover:
02:11 The Role of a Special Agent in Financial Fraud
03:15 Real-Life Cases of Financial Fraud
11:46 Understanding Quality of Earnings
19:56 Common Mistakes by Investors and Entrepreneurs
26:45 Key Questions for Angel Investors to Consider Asking
28:27 When to Engage a Professional
31:51 Current Projects and Closing Remarks
Connect with John
LinkedIn: https://www.linkedin.com/in/john-samore-iii-cpa-cfe/
Website: www.jsiiiconsulting.com
Connect with Andrew
Newsletter: https://thediligentobserver.substack.com
Website: https://pitchfact.com/
Stuff We Reference
Medicare: https://www.medicare.gov/
Shark Tank: https://abc.com/show/535e2b07-18a9-4d94-9803-9ed8257b9d23
All opinions expressed are personal and may not reflect the views of the individual’s organization or of The Diligent Observer. Not investment advice.
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