Exposing Collusion: How Forensic Accounting Uncovers Hidden Fraud and Protects Your Business

Collusion in auditing occurs when two or more individuals or entities conspire to circumvent internal controls, manipulate financial records, or hide fraudulent activities. It poses a significant challenge to auditors, as collusion can render even the most robust auditing processes ineffective. This is because the coordination among perpetrators often includes falsifying documents, suppressing information, or leveraging their access and positions to override controls. [Read more…]

Whom Should You Contact for Assistance with Financial Discovery?

In cases involving business ownership, financial discovery can be extremely complicated. Obtaining complete financial discovery in the early stages of a case is important. [Read more…]

What’s the Difference Between an Expert Consultant and Expert Witness?

As an expert consultant, the CPA/CVA/CFE is engaged to develop information that will be used by the attorney in a variety of ways, including settlement negotiations with the opposing side. In these instances, the CPA/CVA/CFE is usually not expected to testify or to develop an opinion that will be entered in to the court records. [Read more…]

Forensic Considerations In Divorce

When representations made by an opposing spouse appear questionable, a CPA/CVA/CFE may be engaged to test the financial representations by performing forensic procedures. For example, a family incurs annual living expenses of $90,000 and the earner spouse claims to make only $40,000 per year. [Read more…]

Improving Financial Discovery Can Lead To Improved Financial Outcomes

Complete financial information provided to a financial expert can lead to more credible work product produced by the expert. Unfortunately, many attorneys bring the CPA/CVA into the picture too late in the case! [Read more…]