Forensic Accounting Flowcharts for Business Bankruptcy

You can find expert bankruptcy and forensic witnesses to consult as well as to consider using as expert witnesses for testimony regarding forensic accounting. The forensic accounting consultants and experts could provide legal reports regarding embezzlement, fraud with financial disclosures, as well as malpractice accountants.

Bankruptcy & Restructuring – Within the business environment of 2014, there has been a trend in bankruptcy filings which involves complex financial and legal issues. The dedicated bankruptcy services division of our company can assist with making the best in decisions regarding financial situations. With the evaluation services and advisory unit, you can discover workout financial alternatives as well as bankruptcy and consulting strategies. Over the year 2015, it is expected that the culture will continue to push into one of strict bankruptcy workouts. Our experts and other professionals help creditors, debtors, lenders, as well as other stakeholders and shareholders to arrive at equitable financial solutions.

If your circumstances involve involuntary or voluntary bankruptcy, the experience at our firm provides specific expertise as we help you through recovery or liquidation. Our firm’s employees also pride themselves with the ability and expertise in crisis management.

Litigation Services Division services at our firm consists of extensive financial and legal knowledgeable. Our legal consultants work side-by-side with your dallas bankruptcy attorney as well as other litigators within corporate sections. Business as well as individual can address aspects and weaknesses in your lineup promptly, efficiently and creatively.

Our litigation group offers to clients the following services of note to this discussion:

Financial Fraud Forensics – This costly risk threatens all types of organizations. You cannot fight fraud without knowing about it and learning the extent. Such conduct which looms over an organization can be extensive in the damage that it causes in uncertainty to employees, owners, and other stakeholders such as businesses which depend on your business. Our forensic and financial accountants as well as CFE’s conduct forensic fraud investigations as well as data analysis throughout the quantification, analysis and discovery stages of fraud.

Vehicle inspections are another typical part of the accident investigation. These inspections will usually include measuring the amount of damage and damage profile of the vehicles. This information will be useful if an accident reconstruction is performed. The mechanical components of the vehicles such as brakes, steering, tires, suspension, lights, etc. may also be inspected and tested to determine if the condition of these components was a causative factor in the accident. The investigation might also include looking at driver qualifications, auditing logbooks, or reviewing other motor carrier compliance related materials.

With the accident investigation complete, an accident reconstruction can be performed. Reconstruction is the process of using physics to determine the speeds of the vehicles, and/or their relative positions at different times during the accident sequence. Information such as pre- and post-impact direction of travel, length of pre-impact skid marks, post-impact distances moved, friction values for the various surfaces the vehicles traveled over, point of impact, impact angles, and weights of the vehicles are all used as inputs into the equations used to reconstruct an accident.

How does this relate to the situation of accident scenarios? In forensic accounting, there are experts which deal specifically with rear-end, head-on, right-angle, as well as roll-over accidents. If the accident involves a commercial vehicle, a number of additional factors can be included. Different financial scenarios takes a different reconstruction method. However, a major accident reconstruction can quickly determine the speed of each vehicle involved according to how much speed would have been lost as measured within each division of the sequence in the collision.