Forensic Accounting & Valuation Litigation
Putting Numbers Into Clear English
By MARK A. HARRISON and HON. ELAINE GORDON
At the core of any lawsuit involving valuation is a claim of financial loss, fraud or unfairness, and a desire to be made whole. The forensic accountant is called upon to investigate and analyze financial information and reach a conclusion upon which a litigant may rely. It seems a straightforward assignment.
Prevention Of Fraud Remains The Best Policy
By JOSEPH CENTOFANTI
Fraud can be committed for a variety of purposes: abuse of trust committed by people in organizations for personal profit; business crimes committed by organizations to further their business interests — false earnings reports, for example; or confidence games like Bernie Madoff’s Ponzi scheme, designed to cheat clients.
Latest Digital Technology Abets Age-Old Crimes
By DAVID J. PEER
With market volatility becoming the norm and the domestic economy continuing to change, the complexity in today’s business environment has increased significantly in recent years. The global financial downturn, recent rash of corporate scandals, and new accounting regulations have augmented the demand for the forensic accountant. While forensic accounting has existed in some form for centuries, it has become increasingly relevant in today’s economy.