Forensic accounting, forensic accountancy or financial forensics is the specialty practice area of accounting that describes engagements that result from actual or anticipated disputes or litigation. The work performed and reports issued will often provide answers to the how, where, what, why and who. However, ultimately the court decides.
Hirsch Tax Pros' financial forensic engagements may fall into several categories. For example:
- Economic damages calculations, whether suffered through tort or breach of contract;
- Post-acquisition disputes such as earnouts or breaches of warranties;
- Bankruptcy, insolvency, and reorganization;
- Securities fraud;
- Tax fraud;
- Money laundering;
- Business valuation;
Our forensic accountants often assist in professional negligence claims where they are assessing and commenting on the work of other professionals.
Hirsch Tax Pros' forensic accountants are also engaged in marital and family law of analyzing lifestyle for spousal support purposes, determining income available for child support and equitable distribution.
Let us help solve your life's financial puzzles.