Australia

Commercial disputes and litigation are seldom simple and involve highly complex issues. By utilising forensic accountants, certified fraud examiners and other financial experts can ensure that financial discrepancies are uncovered and provide insight into fraudulent activities.

We have a highly experienced team of experts, including accountants, certified fraud examiners, liquidators and trustees, who are able to bring their extensive expertise and experience to assist with disputes and achieve the best outcome for all stakeholders. Where appropriate, we will access resources across William Buck and the Praxity Alliance to enhance results for all shareholders.

The services provided by our team of experienced forensic accountants include:

  • Preparing business and share valuations
  • Quantifying loss of earnings in contract disputes, personal injury cases and insurance claims
  • Investigation, documentation and quantification of loss in fraud cases
  • Unravelling and explaining complex financial transactions
  • Identifying and valuing assets in family law matters, and
  • Giving expert evidence in litigation and mediation proceedings

FAQs

What is forensic accounting?

Forensic accounting is a specialised practice that involves the investigation of financial records to detect and address evidence of fraud, avoidance, and discrepancies that may impact entities. It combines the elements of financial accounting, investigative techniques, and legal knowledge to prepare evidence or insights suitable for court proceedings and regulatory compliance scrutiny.

How does a forensic accountant provide litigation support in legal cases?

Forensic accountants scrutinise accounting and financial reporting documents. By analysing financial data and exposing discrepancies, a forensic accountant can assist in managing financial disputes with valuable insights and provide expert testimony during legal proceedings. The testimony given under these circumstances can be pivotal in obtaining the best outcome for such cases.

Why would someone hire a forensic accountant?

Financial irregularities, suspicions of fraud, complex litigation support or significant business transactions are some of the reasons an individual or business may hire a forensic accountant. Each of these requires a higher level of knowledge and diligence, both of which a forensic accountant can provide. Clarity, assurance and regulatory scrutiny in these situations are important to protect businesses from potential financial and reputational damage. The detailed reporting forensic accountants provide can help determine financial cases within the court, particularly disputes involving professional malpractice.

Forensic and litigation support Specialists

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