Follow the Money. Understand the Numbers.
Financial Investigations
Forensic accountants can examine financial records to identify unusual transactions, inconsistencies, missing information, or other issues requiring further investigation.
Potential assignments include:
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Fraud investigations
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Business disputes
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Partnership disputes
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Insurance claims
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Divorce matters
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Estate disputes
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Shareholder disputes
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Commercial litigation
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Bankruptcy matters
Fraud Investigations
Identify Financial Irregularities
Forensic accountants can assist with investigations involving suspected:
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Embezzlement
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Financial fraud
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Employee theft
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Misappropriation
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Accounting irregularities
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False financial statements
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Expense fraud
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Revenue manipulation
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Asset concealment
They may examine transactions, financial records, accounting systems, bank records, and other evidence.
Asset Tracing
Follow Money From One Account to Another
Asset tracing can be particularly important when financial transactions move through multiple accounts, businesses, investments, or individuals.
Forensic accountants may analyze:
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Bank accounts
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Investment accounts
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Business accounts
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Real estate
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Transfers
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Loans
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Corporate entities
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Trusts
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Other financial records
Potential applications include:
Divorce
Fraud
Business disputes
Asset concealment
Judgment enforcement
Estate disputes
Commercial litigation
Hidden Asset Investigations
Find the Financial Picture
Forensic accountants can assist attorneys in investigating whether assets or financial interests may have been omitted, transferred, undervalued, or otherwise difficult to identify.
Potential sources include:
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Financial statements
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Tax returns
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Bank records
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Corporate records
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Real estate records
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Investment information
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Business records
Business Valuation
Determine What a Business Is Worth
Forensic accountants and valuation professionals may determine or evaluate the value of:
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Businesses
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Partnerships
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Professional practices
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Corporate interests
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Intellectual property
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Assets
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Investment interests
Business valuation can be important in:
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Business litigation
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Divorce
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Partnership disputes
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Shareholder disputes
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Estate matters
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Mergers and acquisitions
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Damages claims
Lost Profits & Economic Damages
Put a Number on the Loss
Forensic accountants can calculate economic damages associated with:
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Lost profits
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Lost revenue
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Business interruption
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Lost earning capacity
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Contract disputes
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Breach of contract
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Personal injury
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Wrongful death
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Product liability
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Intellectual property disputes
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Construction disputes
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Insurance claims
Personal Injury Damages
Forensic accountants may assist personal-injury litigation teams with economic-loss calculations.
Potential analyses include:
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Lost wages
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Lost earning capacity
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Future income
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Business income
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Benefits
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Retirement contributions
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Economic damages
They may work alongside:
Medical Experts
Vocational Experts
Life-Care Planners
Economists
Attorneys
Wrongful Death Damages
Financial professionals may assist attorneys with calculations involving the economic impact of a wrongful death.
Depending on the case, analysis may involve:
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Earnings
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Benefits
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Household contributions
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Future income
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Retirement benefits
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Economic support
Business Disputes
Understand the Financial Impact
Forensic accountants can assist with disputes involving:
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Partners
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Shareholders
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Owners
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Contractors
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Vendors
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Customers
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Employees
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Businesses
Potential services include:
Business valuation
Financial analysis
Lost-profit calculations
Transaction analysis
Damages calculations
Asset tracing
Partnership & Shareholder Disputes
Forensic accountants can analyze:
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Ownership interests
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Capital accounts
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Distributions
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Compensation
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Business expenses
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Related-party transactions
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Profit allocations
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Financial statements
Divorce & Marital Asset Analysis
Find and Analyze Financial Interests
Forensic accountants can assist family-law attorneys with financial analysis involving:
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Business interests
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Investment accounts
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Real estate
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Income
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Compensation
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Retirement accounts
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Loans
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Transfers
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Separate and marital property issues
Divorce Business Valuation
When one or both spouses own a business, valuation professionals may help determine the value of the business or an ownership interest.
Potential considerations include:
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Revenue
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Expenses
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Assets
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Liabilities
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Cash flow
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Ownership
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Market conditions
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Business operations
Estate & Trust Accounting
Forensic accountants may assist with disputes involving:
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Estates
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Trusts
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Beneficiaries
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Executors
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Trustees
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Asset distributions
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Financial records
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Estate valuations
Bankruptcy & Insolvency
Forensic accounting may be used to investigate:
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Assets
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Liabilities
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Transfers
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Financial statements
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Transactions
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Business activity
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Potential fraudulent transfers
Insurance Claims
Analyze the Financial Impact of a Loss
Forensic accountants may assist insurance companies, policyholders, attorneys, and claims professionals with:
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Business interruption
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Lost profits
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Property damage
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Income losses
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Financial claims
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Inventory losses
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Extra expenses
Business Interruption Claims
Forensic accountants can analyze financial information to help determine the economic effect of a business interruption.
Potential areas include:
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Historical revenue
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Expenses
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Lost income
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Projected performance
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Business expenses
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Recovery period
Construction Damages
Financial experts can assist with financial disputes involving:
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Construction delays
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Cost overruns
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Lost profits
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Change orders
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Contract disputes
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Project interruption
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Business interruption
They may work alongside construction experts, engineers, attorneys, and project professionals.
Intellectual Property Damages
Forensic accountants can help quantify financial damages in disputes involving:
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Patents
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Trademarks
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Copyrights
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Trade secrets
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Licensing
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Lost sales
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Reasonable royalties
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Profit analysis
Patent Damages
Financial experts may assist with damages analysis involving:
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Lost profits
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Reasonable royalties
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Sales
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Market analysis
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Licensing
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Profit margins
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Financial projections
Securities & Financial Litigation
Forensic accountants may assist with financial disputes involving:
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Securities
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Investments
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Shareholder claims
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Financial disclosures
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Trading activity
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Investment losses
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Corporate financial information
Employment Litigation
Financial analysis may be relevant to disputes involving:
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Lost wages
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Compensation
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Bonuses
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Benefits
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Employee theft
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Wage disputes
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Economic damages
Tax Analysis
Forensic accounting professionals may assist with financial investigations involving:
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Tax returns
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Tax records
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Income analysis
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Business records
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Tax-related disputes
Where tax advice or representation is required, attorneys should ensure the professional has the appropriate qualifications.
Financial Statement Analysis
Understand What the Numbers Are Really Saying
Forensic accountants can analyze:
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Balance sheets
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Income statements
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Cash-flow statements
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General ledgers
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Trial balances
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Financial ratios
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Revenue
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Expenses
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Assets
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Liabilities
The analysis can help identify financial trends, inconsistencies, or areas requiring further investigation.
Transaction Analysis
Examine the Money Movement
Forensic accountants can reconstruct and analyze transactions involving:
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Bank transfers
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Wire transfers
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Checks
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Credit cards
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Loans
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Investments
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Purchases
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Sales
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Intercompany transfers
Financial Data Analytics
Modern forensic accounting increasingly involves large amounts of digital financial information.
Professionals may use technology to identify:
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Transaction patterns
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Unusual activity
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Duplicate transactions
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Outliers
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Related-party transactions
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Suspicious payments
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Trends
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Relationships between accounts
Digital Financial Investigations
Financial evidence increasingly exists electronically.
Forensic professionals may work with:
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Accounting software
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Enterprise databases
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Cloud accounting systems
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Electronic invoices
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Digital banking records
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Emails
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Spreadsheets
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Electronic transactions
They may work alongside:
eDiscovery Professionals
Digital Forensic Experts
Private Investigators
Cybersecurity Professionals
Forensic Accounting & eDiscovery
Financial investigations often overlap with eDiscovery.
A financial investigation may involve thousands or millions of:
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Emails
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Financial documents
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Spreadsheets
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Contracts
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Bank records
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Accounting files
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Text messages
JusVox can connect attorneys with both:
Forensic Accountants
and
eDiscovery Professionals
to help build the appropriate litigation-support team.
Expert Reports
Explain the Financial Analysis
Forensic accountants may prepare expert reports explaining:
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Methodology
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Financial records reviewed
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Calculations
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Assumptions
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Analysis
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Damages
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Valuation
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Conclusions
Reports should comply with applicable procedural requirements and professional standards.
Expert Depositions
Prepare Your Financial Expert
JusVox helps attorneys find forensic accountants available for expert depositions.
Experts may need to explain:
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Calculations
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Financial assumptions
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Valuation methodology
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Damages methodology
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Documents reviewed
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Financial conclusions
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Alternative calculations
Expert Trial Testimony
Explain Complex Financial Evidence
A forensic accountant may testify regarding:
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Financial damages
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Business valuation
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Lost profits
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Asset tracing
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Fraud analysis
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Financial transactions
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Economic losses
The goal is to make complicated financial information understandable to the decision-maker.
Consulting Forensic Accountants
Get Financial Expertise Before Retaining a Testifying Expert
A consulting forensic accountant can assist attorneys with:
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Case evaluation
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Financial analysis
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Damages assessment
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Opposing expert review
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Financial strategy
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Settlement analysis
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Deposition preparation
Rebuttal Analysis
Forensic accountants can review opposing financial analyses and evaluate:
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Calculations
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Assumptions
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Methodology
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Financial records
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Valuation
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Damages models
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Lost-profit calculations
Mediation & Arbitration
Forensic accountants may assist before and during:
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Mediation
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Arbitration
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Settlement negotiations
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Business disputes
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Insurance disputes
Financial analysis can help parties understand the economic issues involved before trial.