Services

Forensic Accounting

Forensic accounting is a specialized area of accounting that is commonly referred to as investigative accounting. A forensic accountant analyzes detailed financial transactions and records during investigations of fraud, embezzlement, money laundering, tax evasion, divorce, etc.

A forensic accounting analysis often involves tracing assets and analyzing complex financial transactions or issues (i.e., following the money). Many legal teams hire forensic accountants to serve as expert witnesses for their cases.

At Forensic Solutions, LLC, we are experienced in performing forensic accounting procedures in various litigation and non-litigation settings.

Our forensic accountants can assist in cases involving:

Divorce
Bankruptcy
Tracing of assets (including financial transactions)
Recreation of Accounting Records
Contract Disputes
Damage Calculations

Shareholder Disputes
Asset Misappropriation
Embezzlement
Fraud Investigations
Other forensic accounting scenarios

Business Valuation

Business valuation is the process of determining the economic value of a business interest (whether it be an entire business or a fractional interest in a business). Business valuation analyses are performed for a variety of reasons, including gift and estate taxes/planning, mergers and acquisitions, shareholder disputes, bankruptcy, divorce, etc.

Business valuation can be complicated and is often referred to as more of an art, rather than a science. The procedures involve professional judgement, experience, and analysis of pertinent information.

At Forensic Solutions, LLC, we are experienced in performing business valuation analyses in both litigation and non-litigation settings. We have performed services in a wide range of industries, including medical practices, retail operations, restaurants, professional practices, construction, manufacturing, and many others.

Our consultants can assist with business valuation analyses involving the following:

Divorce
Buyouts/Sales
Business disputes
Lost profit calculations
Gift and estate taxes and planning

Mergers and acquisitions
Management planning
Due diligence
Other business valuation scenarios

Litigation Services

Our team is experienced in assisting attorneys with complex financial issues and lawsuits. Whether our assistance begins at the start of a case, or if we are retained later down the road, our experts are here to help navigate the financial aspects of complex (and non-complex) financial matters.

These services include:

Financial analyses
Document review
Trial and deposition preparation and assistance
Expert witness reports and testimony

Rebuttal analyses and reports
Assistance with Discovery
Ongoing assistance as the case progresses
Research
Other litigation support scenarios

CFO Services

Our CFOs interact at all levels with budget owners and other stakeholders to produce timely, efficient and accurate month-end close. We also manage all internal and financial reporting through annual reports.

Forensic Solutions CFOs are responsible for hierarchy and scalability in chart of accounts and accuracy in general ledger and financial statements. We will have ultimate authority over the classification and booking of all transactions.