What Is Forensic Accounting?
To much of the public, forensic accounting sounds like something out of an action movie. Perhaps a kind of special ops support in some nameless hi-tech, state-of-the-art warehouse with wall-to-wall computers and holographic graphs and charts. (That's not quite it, but we're still pretty cool.) 😎
𝗦𝗼 𝘄𝗵𝗮𝘁 𝗶𝘀 𝗙𝗼𝗿𝗲𝗻𝘀𝗶𝗰 𝗔𝗰𝗰𝗼𝘂𝗻𝘁𝗶𝗻𝗴?
Investopedia defines Forensic Accounting as "utilizing accounting, auditing, and investigative skills to conduct an examination into the finances of an individual or business." In other words, we combine our legal knowledge and accounting expertise to find out where missing money has gone and recover it. Forensic accountants are also known as "investigative accountants" and often serve as experts in legal cases that deal with financial fraud or embezzlement.
We read the language of numbers, so to speak, because we know that numbers tell a story. Our job is to dig deep, piece that story together, and assist in a civil or criminal capacity to uncover evidence of fraud based on transactions. From medical malpractice to divorce settlements to money laundering, we work with clients and legal teams to find the truth.
What sets us apart from other forensic accounting companies is our humanity. We believe that working without bias doesn't have to mean cold and stoic. Being the victim of potential fraud is stressful, and should be met with empathy and warmth. That's why we pride ourselves on getting to know our clients and providing them exceptional customer service.