What do forensic accountants do?
Forensic accountants play a crucial role in assisting attorneys in conducting investigations, providing litigation support, and expert testimony. Forensic accountants provide a variety of services including determing the value of businesses, investigating financial discrepancies, and uncovering fraud.
In high-income, high-asset divorce cases, forensic accountants play a vital and multifaceted role. These divorces involve complex financial situations with substantial assets at stake, making the forensic accountant's work crucial to ensuring a fair and accurate division of assets.
Forensic accountants analyze financial records of companies going through bankruptcy to identify any fraudulent preferences, transfers, or other financial misrepresentations.
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