Why do I need a forensic accountant?
When facing a specific legal challenge and the possibility of going to court, it’s crucial to engage the services of an independent and objective accountant that has no prior relationship with any of the parties involved. Also, not every accountant is highly specialised in providing evidence to resolve legal disputes or conducting in-depth analysis as a financial investigator. All of these factors increase the chances that you will receive a fair and reasonable outcome.
What type of forensic accounting do you typically perform?
As a full-service department, we have experience across a broad range of areas, including valuations, Proceeds of Crime Act (“POCA”) matters, civil litigation expert witness appointments, single joint expert appointments in family disputes and divorce matters, fraud investigations, trend analysis and more.
How is forensic accounting different from an audit or tax investigation?
The purpose of an audit is not to detect fraud but to ensure that financial statements are free of material misstatements. As forensic accountants, our goal is to investigate specific matters, often including suspected fraud, and analyse financial information in disputes or legal proceedings. In our field, any irregularity or suspicious transaction relevant to the scope of work is considered material.
Can you provide evidence in court as an expert witness?
Yes, our partner Carl Lundberg is experienced in presenting oral evidence at court hearings, both virtually and in person.
On what basis do you charge your fees?
We base our fees upon the degree of the responsibility and skill involved. Often we work on a time basis at our standard hourly rates, but we are also happy to agree on a fixed fee for a particular project upfront.
