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How to Know If You Need to Hire a Forensic Accountant

In today’s complex financial landscape, situations involving financial disputes, fraud, or irregularities often require the expertise of a forensic accountant. These professionals possess specialized skills to analyze, interpret, and present complex financial data in a manner suitable for legal proceedings. Understanding when to hire a forensic accountant can save time, money, and legal complications. Below, we explore the scenarios and signs that indicate the need for their services.

What is Forensic Accounting?

Forensic accounting is a specialized field that combines accounting, auditing, and investigative skills. Forensic accountants are often involved in legal disputes and work to uncover financial disc

RULES OF EVIDENCE – A FORENSIC ACCOUNTANTS PERSPECTIVE

As a forensic accountant, fraud investigator and expert witness, there is nothing more disheartening to have an investigation report, or part thereof, considered inadmissible.

Avoiding the intricacies of forensic accounting evidence is impossible and one of the many reasons why it is imperative that forensic accountants not only have a good understanding of the rules of evidence but apply these rules throughout their investigation.

The rules of evidence states, with few exceptions, “relevant evidence is admissible, irrelevant evidence is not.” Sounds logical but is not quite that simple as it requires a unique skill to know the difference between what a court may consider relevant or not. It is also further complicated d