Forensic Accounting
The Undisputed Value of an Expert Witness
A lawsuit of any nature is built upon facts and each side’s ability to present those facts in a convincing manner. When the facts involved in a lawsuit are particularly complex or difficult to understand, an expert witness is often called upon to lend their acute knowledge of the subject matter. From education to experience…
Read More19 Reasons You May Need a Forensic Accountant
From finance to business to legal issues, the role of a forensic accountant stretches further than many people realize. Sure, the $360 billion hit the economy takes each year due to corporate fraud gets most of the attention, but the reality is that forensic accounting weaves its way into a plethora of situations. Forensic accountants…
Read MoreDetecting Fraud and Corruption in the Workplace
The various types of fraud and corruption seen in today’s work environment range significantly, thus posing a unique challenge to identifying these threats in the first place. From asset misappropriation to data theft, from payroll fraud to vendor fraud, and from accounting fraud to bribery, detecting fraud and corruption in the workplace no easy feat.…
Read MoreSearching for Hidden Assets in a Divorce Settlement
The division of martial assets is often far more complicated than either party in the divorce estimates it to be. As such, the attorneys involved in the case will typically advise that a valuation expert or forensic accountant get involved in the process. Forensic accounting serves to reveal any hidden income, hidden assets, or assist…
Read MoreThe Ins and Outs of an Expert Witness
The role of an expert witness can end up being instrumental during litigation, as legal proceedings often depend upon their technical knowledge or skillset for clarification on the matter at hand. When the facts of a case are rather complex, the court relies on the specialized knowledge of the expert witness. In doing so, the…
Read MoreBusiness Fraud in 2018 and Beyond
Ten years ago the economy hit a recession and businesses across countless industries suffered. While the hurting economy was apparent to all, one of the more discrete and surprising consequences came in the form of increased business fraud across many industries. A number of explanations can be attributed to this increase in fraud. Most notably,…
Read MoreForensic Accountants and Your Divorce Case
Divorce rates in the United States fluctuate between 40 and 50 percent, ranking it 6th amongst countries with the highest divorce rates in the world. In fact, it is estimated that there is a divorce every 13 seconds in America. When a marriage ends, the separating couple and all of those close to them are…
Read MoreLitigation and the Role of a Forensic Accountant
Attorneys across the globe turn to forensic accountants and their expertise to assist in their efforts as they navigate their clients’ legal disputes and potential litigation. Often called upon either before litigation or during litigation, forensic accountants are tasked with the role of lending their specialized understanding and knowledge of financial issues as they relate…
Read MoreThe Cost of Fraud on a Global Scale
In today’s financial landscape, the economic effects of fraud across the world is monumental. While there have been massive developments in new tools to counter fraud, particularly in the last two decades, the presence of corruption in the corporate world is still pervasive. In fact, new reports suggest that fraud is currently at an all-time…
Read MoreThe Importance of a Forensic Accounting Expert Witness
From corporate fraud investigations to marital asset disputes to a myriad of other financial issues in between, legal proceedings often require an expert to analyze, investigate, and interpret complex financial data and information. A forensic accountant has the unique knowledge and skillset that will offer a legal matter crucial insight and analysis needed to resolve…
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