Forensic Accounting
Forensic accounting - also called financial forensics or forensic auditing - is an area of accounting that investigates actual or anticipated disputes. Disputes can range from business-related litigation to marital dissolution. We handle both litigation support and investigative accounting.
Forensic Accounting and Fraud Prevention
Occasionally, you may need to explore whether fraud or misconduct has occurred, such as employee theft of property or inventory, misappropriation of funds by employees, kickbacks to employees from outside businesses, securities fraud, and insurance fraud. With our investigative accounting services, we bring to bear our accounting knowledge and experience in the field to give you a clear understanding of the situation.
Investigative Accounting
The services of a forensic accountant are required for a range of investigations across many different industries.
Forensic Accounting Services
We know that when it comes to payroll service - no one size fits all. That's why we offer the following 3 custom payroll processing options. Our Comprehensive Payroll Service takes care of all of the payroll processing for you, so that you won't have to. We will take your manually-prepared payroll records and other payroll information and post this information to our data files. There seems to be an endless amount of special reports Government agencies require. We can prepare the following reports for you.
Disputes Among Shareholders or Partners.
The compensation and benefits given to each of the shareholders or partners is one of the more common issues in these cases.
Personal Injury Claims / Motor Vehicle Accidents.
When economic losses from a personal injury or vehicular accident are in question, a forensic accountant is brought in.
Insurance Claims.
Because insurance policies vary greatly in their terms and conditions, such engagements require a thorough policy review to determine the appropriate method of figuring the loss. A forensic accountant can assist from either the insured or the insurer's standpoint.
Business/Employee Fraud Investigations.
The investigation of employee fraud often requires a determination of the extent of the fraud. It may or may not include the identification of a perpetrator. Many times, such assignments necessitate interviews of staff who had access to the funds
Matrimonial Disputes.
Usually, when a dispute of this nature arises, forensic accountants must locate and evaluate the disputed assets, be they businesses, property, or fiduciary.
Business Economic Losses.
These kinds of engagements include contract disputes, construction claims, expropriations, product liability claims, trademark and patent infringements, and losses stemming from an alleged breach of a non-compete agreement.