John Hutson Named President of the Washington State Chapter of NACVA

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John Hutson Named President of the Washington State Chapter of NACVA (Private)

Published on: November 12th, 2009 12:02am by: mhutson

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John Hutson named President of the Washington State chapter of the National Association of Certified Valuation Analysts (NACVA). NACVA focuses on business valuation, economic damage measurement, and fraud detection and deterrence.

Seattle, WA (OPENPRESS) November 12, 2009 -- Hutson Resource Group, a forensic accounting firm, has announced that John Hutson, Director of Forensic Accounting, has been named President of the Washington state chapter of the National Association of Certified Valuation Analysts (NACVA). Washington state NACVA members include accounting, finance, valuation, and litigation support professionals who meet for the purpose of ongoing professional development in the fields of business valuation, economic damage measurement, and fraud detection and deterrence.

Intense financial pressures on employees during the economic crisis have led to an increase of fraud, according to a survey of fraud experts conducted by the Association of Certified Fraud Examiners (ACFE). The problem is so large and wide-spread, ACFE created a week-long event to draw attention to the crisis, International Fraud Awareness Week. The week-long campaign encourages business leaders and employees to proactively take steps to minimize the impact of fraud.

For small businesses owners, the betrayal of employee theft by key employees can be emotionally as well as financially damaging. John Hutson encourages business owners to view key employees with a fair but critical eye. "Reconsider the people you trust to conduct your business on a daily basis. Ask yourself, does this person have too much unchecked responsibility?" Hutson says that small businesses suffer the largest median losses per perpetrator, in excess of $260,000 on average.

About John Hutson and Hutson Resource Group
John Hutson is a Certified Fraud Examiner (CFE) and Certified Forensic Financial Analyst (CFFA). He is the founder of Hutson Resource Group, a consulting firm that prepares business interruption and employee theft insurance claims for the insured. Hutson Resource Group also helps risk managers, corporate officers, and business owners understand their values-at-risk and establish internal programs for the prevention of employee theft and fraud.

About the National Association of Certified Valuation Analysts (NACVA)
The National Association of Certified Valuation Analysts is a global, professional association that delivers training from the nation’s leading experts in consulting fields such as business valuation, financial litigation forensics, forensic accounting, and business fraud. Along with its training and certification programs, NACVA offers a range of support services, reference materials, software, and customized databases to enhance the professional capabilities and capacities of its members.

For more information, please visit:
www.hutsonresourcegroup.com
www.fraudweek.com
www.nacva.com

Contact:
Mary Hutson, 425-941-9749, mhutson@hutsonresourcegroup.com