Experience, knowledge, and investigative skills are just some of the requirements needed to conduct a thorough and supported financial forensics review. With today’s complex business environment, litigation and fraud issues continue to be major concerns for companies and organizations.
The Association of Certified Fraud Examiners' (ACFE) 2014 Global Fraud Study revealed that the typical organization loses a median of 5% of revenues each year due to fraud. Even in a small to midsized business those losses can easily exceed hundreds of thousands of dollars.
Our team of experts assists legal counsel and business owners with the investigation, analysis, and interpretation of financial data to accurately quantify and substantiate economic damages or fraud in legal proceedings. Not only is the accurate quantification of economic damages vital to the success of most legal cases, the presentation and transparency of financial information is equally important and helps juries and judges understand complex financial issues, so they can make informed decisions Some of the areas we can assist are:
- Fraud and asset misappropriation schemes involving bookkeepers, controllers, managers and executives
- Fraud prevention—internal control & fraud policy review
- Misuse of funds by a fiduciary
- Personal Use of Business Funds and Assets
- Tracing of Funds
- Expert witness testimony
- Prepare potential questions for interrogatories, depositions, and testimony
- Critique opposing expert’s opinion
Morey, Nee, Buck & Oswald’s commitment to thorough preparation, in-depth analysis, and quality has earned us an outstanding reputation for being effective and credible. In additional to being CPAs, our litigation support and forensic accounting team consists of credentialed individuals who are Certified Fraud Examiners (CFE), Certified in Financial Forensics (CFF), Certified Internal Auditor (CIA), Accredited in Business Valuation (ABV), and Certified Valuation Analyst (CVA).