Forensic accounting is a specialized service in which accountants analyze financial records to identify embezzlement, money laundering, fraud, and other fraudulent activities. This service is often called upon to ensure financial transparency in a business, avoid financial disputes, testify in court cases, or submit proof of financial well-being.
Track down all anomalies, fraudulent activities, hidden assets and anomalies in your records that might be costing your business millions
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A forensic accountant analyzes the financial records, reports, bank statements, transactions, and other data to identify probable frauds, embezzlements, or financial crimes within the company.
Forensic accounting will cost you $300 to $500 per hour on average. However, it is a specialized service whose cost depends on the nature of the investigation you require, the complexity of your requirements, and your business size.
Yes! It is worth hiring a forensic accountant as they save you from financial disputes, help you prove your financial integrity and testify in courts, avoid fraudulent activities, recover your lost assets, and maintain the overall financial accuracy of the company.
Forensic accounting refers to investigations related to financial frauds, anomalies, or irregularities in legal cases. It is usually done to prove your financial accuracy in court and testify on your behalf. Forensic auditing involves the analysis of any discrepancy in the financial statements or records.
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