Forensic Accounting ("FA") is also known as Investigative Accounting. FA is a specialized discipline that applies the tools of financial analysis and econometric methods to unresolved or disputed issues. Further, such tools are applied within the context of the chosen dispute settlement process, whether it is negotiation, mediation, arbitration, or litigation. As a discipline, FA encompasses the skillful application of such tools, knowledge of fraud schemes, and a pragmatic understanding of ethical business transactions.
Our Forensic Accounting Experience
Our team members have specialized training in FA techniques, along with extensive experience in applying them. They have used tools of financial analysis and econometric methods to solve problems arising in business controversies or in divorce. Recent FA engagements include the following:
Embezzlement detection and investigation
Embezzlement loss quantification
Business acquisition due diligence
Survey and evaluation of existing internal controls
Investigation of breach of fiduciary duty
Detection of improper accounting practices
Detection of fraudulent financial reporting
Verification of financial disclosure statements in divorce
Uncovering hidden assets and income
Economic analysis and critique of damage and loss claims
Sampling methodology to detect inventory fraud or misstatement
Graphical display of financial data to enhance understanding
Contact Us
For general information or questions, send your request to Markel Valuation.