An integrated approach with experienced professionals who are knowledgeable in the world of accounting, legal support, loss recovery and business operations is key to recovering assets and resolving problems.
When faced with myriad challenges in preparing a case, it may become necessary to address tax and accounting issues. From sorting through cumbersome data to analyzing significant financial and tax ramifications, litigation and forensic accounting support from an experienced professional can help you organize, qualify and quantify pertinent information essential to the service attorneys provide to their clients.
The efforts before trial often are as important as during the trial itself. Attorneys need experienced professionals who can prepare and review reports, assist in the discovery process and help prepare questions for deposition and trial – and then clearly communicate the findings. That includes, but is not limited to:
- Assisting with examination for discovery, including formulating questions to ask regarding financial evidence.
- Attending the examination for discovery to review the testimony, assist with understanding the financial issues and formulate additional questions.
- Reviewing opposing experts’ damages report and reporting on both the strengths and weaknesses of the positions taken.
- Assisting with settlement discussions and negotiations.
- Attending trial to hear testimony of opposing experts and to assist with cross examination.
Fraud in the corporate world is more commonplace than ever, and, unfortunately with today’s technology, even the most thorough control processes can’t eliminate all the risk.
Accounting professionals are trained to identify fraud on the page, but fraud perpetrators, also considered “corporate psychopaths,” can use a variety of techniques to manipulate their team and company, which may not always be easy to recognize.
Our CPAs who are accredited as Certified Fraud Examiners (CFE) can help resolve fraud and embezzlement allegations by gathering evidence and documenting findings, conducting internal control assessments and lost profit analysis, and providing expert witness testimony, as applicable. That also includes helping you design and implement policies and procedures to monitor fraud to aid in loss recovery.
In the event of shareholder disputes, our CFEs can evaluate business damages, determine losses under negotiated legal settlement agreements, negotiate valuation settlements and provide mediation.
Sometimes, in the case of criminal and civil investigations, it’s necessary to prepare and review evidence; prepare expert reports, affidavits and proof of evidence; and provide oral evidence in court, including expert determination, arbitration, mediation or alternative dispute resolution, insolvency support investigation and fraud prevention and awareness strategies.
From forensic accounting to litigation support, the Ericksen Krentel team can provide the assistance you need to resolve your financial problems.
Your knowledge source for achieving your business and personal financial goals.