What is Forensic Accounting?
What are forensic accounting firms? Forensic accounting is the use of accounting, auditing, digital forensics and investigative skills and services by forensic accounting companies to examine past financial transactions for a specific purpose.
The need for forensic accounting stretches into any situation where there’s a need for accounting knowledge, investigation skillsets and an understanding of potential fraud schemes or damage theory and calculation. We are often retained by a legal firm or practice as the forensic accounting firm consultants and/or experts in litigation. A list of forensic accounting firms’ areas of coverage includes:
- Financial disputes
- Fraud investigations
- White collar crime investigations
- Corporate investigations
- Lost profits
- Business interruption
- Lost wages
- Non-compete infringements
- Trade secret theft investigations
- Employee misconduct investigations
- Human Resources and/or security investigations
- Cybersecurity breach investigations
- Family law and divorce
Why Choose Eide Bailly as your Forensic Accounting Company
As one of the top forensic accounting firms, Eide Bailly uses accounting, auditing, digital forensics, and investigative skills in tax and insurance areas to search through personal and/or business records to uncover the facts to find, document, and summarize financial data and issues. As one of the best forensic accounting firms, our forensic accounting company also looks at financial damages from fraudulent behavior, a damaging event or a cybersecurity breach.
At the top of the list of forensic accounting firms, our forensic accounting skills, consulting experience, and professional services are often applied in litigation. We are regularly asked to testify as expert witnesses in the new cases we work on. As one of the forensic accounting firms at the top of the forensic accounting firm rankings, we are asked to quantify damages in a wide range of cases to help resolve disputes and assist parties in reaching legal settlements rather than going to court.
If you’re searching your local area “forensic accounting firms near me”, your search ends here. Our professional forensic accountant team has you covered.