Do you fear that your Elmwood Park, NJ business might be the victim of fraud? Do you need to examine your financial data to uncover possible embezzlement by an employee or business partner? Did your company sustain losses resulting from a business interruption event, such as a fire or hurricane? Do you need to understand the value of your business?
Forensic accounting, also called financial forensics or forensic auditing, is an area of accounting that analyzes financial information and other evidence to (a) determine the possible existence of fraud, (b) calculate economic damages in an embezzlement, dispute or other business matter, or (c) determine a business valuation.
Forensic accountants can analyze corporate records and support, as well as public information for not only a dispute matter, but also for a potential business sale or acquisition. These specialists can guide you, along with legal counsel, through the financial aspects of a business litigation matter and the resulting damages potentially assessed.
In addition, our expertise can be utilized to install or improve proper safeguards against fraud to your Elmwood Park, NJ business. This preemptive action is a more cost-effective approach than potential litigation and using our specialists in the investigation process after a loss has been suffered.