HQ:

 145 Wyckoff Rd. Suite 103, Eatontown,  NJ 07724  

732-623-9812

© Saverino & Corallo, LLP

NYC:

123 West 31st Street, First Floor, New York City, NY 10001

 

Forensics Accounting

Do you worry that you or your business might be the victim of fraud? Do you need to analyze your financial data to uncover potential misconduct? Are you investigating an entity for possible acquisition and need to ensure the absence of financial irregularities? Maybe you're involved in litigation and require an expert witness to testify on your behalf?

If any of these situations apply, you need our Forensic Accounting services.

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.

Litigation Support

This area covers accounting assistance for current or pending litigation.

For a litigation assignment, we...

  • Assist in obtaining the necessary documentation to support or refute a claim

  • Examine the relevant documentation to form an assessment of the case

  • Review the damages report by the opposing expert

  • Assist with settlement discussions and negotiations

  • Attend trial to hear the testimony of the opposing expert and provide assistance with cross-examination. 

Investigative Accounting

 

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.

 

When you retain our expertise, we skillfully...

  • review the situation and offer suggestions for possible courses of action

  • assist with the protection and recovery of assets

  • coordinate with other experts, including private investigators, forensic document examiners, and consulting engineers

  • assist with any necessary civil action or criminal prosecution.

Forensic Investigations Take a Variety of Forms

 

The services of a forensic accountant are required for a range of investigations across many different industries. The most common assignments in forensic accounting are as follows:

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. 

If you think you have reason to be concerned about financial misconduct, please call us today. We are happy to offer a free initial consultation to help you determine whether our services are needed.

 CONTACT US

Please fill out the form below with inquiries or questions.
We'll get back to you shortly!