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Category: <span>Forensic Accounting & Fraud</span>

Written for practitioners, not for economists. Each piece exists because the same question kept coming up in scoping calls.

How Can Forensic Accountants Support Family Law Cases.

Forensic economists and accountants can provide invaluable assistance in a variety of family law topics. Here are some key areas where their expertise can be particularly useful: 1.…

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Is IUL a Fraudulent Scheme?

Indexed universal life (IUL) first debuted as an alternative to whole life insurance in 1997.  Today, insurance agents commonly take to social media to post the benefits of…

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Forensic accounting and fraud investigation

For Plaintiffs: For Defendants: Overall, forensic accounting and fraud investigation can play a crucial role in assisting both plaintiffs and defendants in a lawsuit by providing expertise, analysis,…

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Improve the effectiveness and efficiency of operations

By taking a proactive and systematic approach to improving the effectiveness and efficiency of operations, businesses and organizations can streamline processes, increase productivity, and reduce costs, ultimately leading…

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Improve reliability financial and non-financial data

By taking proactive steps to improve the reliability of financial and non-financial data, businesses and organizations can make informed decisions, manage risk, and maintain the trust of stakeholders.…

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Reduce risk

Risk is an inherent part of any business or organization, and it is important to take steps to manage and reduce risk in order to protect the financial…

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Improve internal control procedures

There are several steps that businesses and organizations can take to improve their internal control procedures: Improving internal control procedures is an ongoing process that requires ongoing attention…

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Investigate incidents of suspected fraudulent or unethical acts

Investigating incidents of suspected fraudulent or unethical acts is a crucial step in protecting a company’s financial health and reputation. When an incident of suspected fraud or unethical…

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Internal Control Analysis

There are several steps involved in conducting an internal control analysis. The first step is to identify the key areas of the business that require internal controls, such…

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Fraud Prevention and Detection

Fraud prevention and detection are critical for businesses and organizations of all sizes. Fraud is a serious issue that can have significant financial and reputational consequences for companies,…

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Financial Misstatements

Financial misstatements are false or misleading statements made in financial reports or documents. These statements can be intentional or unintentional, and they can have serious consequences for both…

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Misappropriation of Assets

One common form of misappropriation of assets is embezzlement, which occurs when an individual in a position of trust, such as an employee or officer of a company,…

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Matters of conversion and Embezzlement

Conversion is the unauthorized use or disposition of another person’s property as if it were one’s own. It is a civil wrong, meaning that it is a violation…

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Tax Disputes

Tax disputes refer to conflicts that arise between taxpayers and tax authorities over the payment of taxes. These types of disputes can occur at the federal, state, and…

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Debtor and Creditor Disputes

Debtor and creditor disputes refer to conflicts that arise between parties when one party (the debtor) fails to pay a debt owed to the other party (the creditor).…

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Financial Analysis

The purpose of financial analysis is to provide information that will help managers make sound decisions. The analysis should be geared toward finding solutions to problems and opportunities…

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Fraud

Fraud is a type of white-collar crime that involves the use of deception to obtain financial or other gain. Common types of fraud include credit card fraud, insurance…

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Financial Statement Analysis

The three primary components of a company’s financial statement are its income statement, balance sheet, and cash flow statement. The income statement shows a company’s revenue and net…

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Audits

An audit is defined as an independent examination of the financial statements of an organization to make sure that the records are a fair and accurate representation of…

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