Financial Forensic Research
Financial Forensic Services offers discreet forensic research separate from financial recovery services. Our capabilities and experience are often requested for mergers, business buyouts, property transfers, estate planning, and marriage dissolutions. Financial forensic research can also be used to discover or prevent an entire range of white-collar crime including embezzlement, employee theft, securities fraud, bankruptcy fraud, and executive malfeasance.
Competitive Business Intelligence
Financial Forensic Services research staff harvests data from public and proprietary databases. The team assigned to your case combines the discoveries from text- and data-mining analysis with other field investigations, allowing you to make informed decisions in negotiations and business planning. Add in our forensic accounting expertise, and the picture is often distinctly different than what has been presented on the surface. You will make better decisions with better information.
Generally involving mergers, acquisitions, or buyouts, these investigations focus on the new acquisition company, it’s key employees, it’s corporate records, and other documents in the transaction. We can help you test the accuracy of representations and warranties contained in the purchase agreement and items noted in the Disclosure Schedule. The primary goal of the due diligence investigation is to discover and analyze all of the material information necessary to enable our clients to fully understand the target company. We help you identify and address any areas of concern before proceeding with a transaction.
Financial Forensic Services forensic accountants can analyze corporate records, tax returns, and year-end statements, and can interview key executives and personnel to check the authenticity of any representations and disclaimers. Our research specialists search for news, unknown circumstances, or undiscovered liabilities that may adversely affect the future of the new acquisition. Our forensic research staff verifies assets represented in the transfer and purchase agreement. Due diligence can involve our experts physically checking the existence and condition of inventories, real estate, plant assets, machinery, and vehicles. We can also document the ownership and validity of intellectual property rights, patents, trade secrets, and proprietary technology
Embezzlement & Fraud
Embezzlement is seldom as simple as walking out the back door with the money. More often it is a complicated scheme that takes place over months or even years. Forensic accountants are trained to identify red-flag discrepancies in accounting documents and follow clues to the source of any fraudulent activity. Financial Forensic Services can also assist you with data and text-mining analysis for email and phone communications, as well as on-site forensic research staff. Many clients take advantage of our experience as a precaution against theft and embezzlement by installing proper safeguards. On the whole, this preemptive action is a more cost-effective approach than litigation and using our specialists in the financial recovery process after a loss has been suffered.