Forensic Accounting & Fraud Investigation

As defined in the book, FORENSIC AND INVESTIGATIVE ACCOUNTING (Crumbley, Heitger, & Smith-CCH, 2003), Forensic Accounting is:  “the action of identifying, recording, settling, extracting, sorting, reporting, and verifying past financial data or other accounting activities for settling current or prospective legal disputes or using such past financial data for projecting future financial data to settle legal disputes.”

Forensic accounting uses scientific intelligence-gathering methods to resolve legal issues surrounding accounting and related areas, including fraud investigations.  Further, this is done for the purpose of litigation support, including assisting attorneys, government entities, and courts – including giving expert testimony, if needed.

Phoenix:DFS provides a variety of forensic accounting and fraud related services, including those related to divorce, embezzlement, fraud, government, various aspects of litigation support, and quantitative analysis. 

Litigation Support
Assisting attorneys, courts, and government agencies in finding
    hidden or unaccounted for money and/or other assets, especially
    as this relates to divorce or businesses that are experiencing the
    exit of one or more owners.
Phoenix:DFS has specialists who are able to testify in a variety
   of cases as an expert witness, including acting in the capacity
   of either Master or Special Master for a court of law. 

Fraud Examination
Review of potentially fraudulent transactions.  This also includes
    embezzlement, skimming of money, and other fraudulent
    schemes.  We can also provide surveillance of employees to look
    for evidence of theft, especially in retail and restaurant settings.

Quantitative Analysis & Damages Litigation
Analysis and calculations can be run regarding some of the
    following areas:  financial ratios, Benford's Law, unusual
    duplication or rounding of numbers, along with an unusual velocity
    of the organization's funds.

To request more information click here, or call 603-231-2790