Forensic Accounting
Fraud Investigation
Fraud Deterrence Programs
Forensic accounting is the specialty practice area of accountancy that describes engagements that result from actual or anticipated disputes or litigation. “Forensic” means “suitable for use in a court of law”, and it is to that standard and potential outcome that forensic accountants generally have to work. Forensic accountants often have to give expert evidence at the eventual trial.
Forensic accountants may be involved in recovering proceeds of crime and in relation to confiscation proceedings concerning actual or assumed proceeds of crime or money laundering.
Engagements relating to criminal matters typically arise in the aftermath of fraud. They frequently involve the assessment of accounting systems and accounts presentation – in essence assessing if the numbers reflect reality.
Also, we can be engaged in marital and family law matters for the purpose of analyzing lifestyle for spousal support purposes, determining income available for child support and equitable distribution.
Forensic accountants can assist businesses in taking a proactive stance against fraud by acting as advisors to business owners and audit committees. We can assist them in establishing procedures and internal controls to reduce the risk of internal and external fraud.
