Our Los Angeles Forensic Accountants, Valuation Analysts, and Fraud Examiners provide financial and fraud investigations to our clients in addition to comprehensive litigation support and wide-ranging business valuation services.

Our Expert Witnesses use accounting and auditing skills to provide an analysis of financial records in conjunction with dispute resolutions, as well as fraud and theft investigation.

Forensic Accounting & Expert Witness Services

We use accounting and auditing skills to provide an analysis of financial records in conjunction with dispute resolutions, as well as fraud and theft investigation. Our damage measurement methods can determine the extent of financial loss and illegal accounting practices. We are also qualified to perform asset tracing and court accounting.

Who Needs Forensic Accounting?

Forensic accounting – also called financial forensics or forensic auditing – is an area of accounting that investigates actual or anticipated disputes. Disputes can range from business-related litigation to marital dissolution. We handle both litigation support and investigative accounting for large companies and start-ups.

Litigation Support

Litigation support involves the quantification of economic damages pursuant to existing or pending litigation using accounting and auditing techniques. We have experienced competent staff members who can compile information efficiently to assist in the calculation and documentation of any potential economic loss or damages. In today’s world of increasingly complex litigation coupled with unscrupulous individuals, you simply cannot do it alone. Moreover, your probability of success increases when you have the expertise of an experienced Certified Public Accountant on your side.

You get a different point of view, guidance pointing your legal team in the right direction, and consultation on the most useful documents. This consultation will cover essential questions to ask the opposition, qualified witness testimony and rebuttal of oppositional testimony.

Our services include assistance with pre-trial and trial issues, information, document and exhibit creation, and collection as well as clear explanations of the facts regarding accounting, business, and tax.

We can also perform:

Strategy development, data analysis, witness preparation
Assessment of damages, losses, earnings, profits (lost profits), business disputes, economic damages analysis, and business value
Rebuttal of opposing expert testimony and cross-examination questions
Assistance with settlement negotiations

Investigative Accounting

Occasionally, you may need to explore whether fraud or misconduct has occurred, such as employee theft of property or inventory, misappropriation of funds by employees, kickbacks to employees from outside businesses, securities fraud, and insurance fraud.

Together with our investigative accounting services, we bring to bear our accounting knowledge and experience in the field to give you a clear understanding of the situation.

Fraud Prevention & Detection

At Azran Financial our experienced professionals, including Certified Fraud Examiners (CFE) and Certified Public Accountants (CPA), who are Certified in Financial Forensics (CFF), can bring specialized expertise to help deter, prevent and detect fraud within your organization. Though the risk of fraud can never be eliminated, through proper planning and ongoing monitoring, we can assist your business to minimize its exposure.

Further, we use accounting and auditing skills to provide an analysis of financial records in conjunction with fraud and theft investigations. Our damage measurement methods can determine the extent of financial loss as well as identify illegal accounting practices.

We also offer both fraud risk assessments and fraud investigations.

To assist with frauds which may be related to:

Earnings Management
Misstatement of Assets and Liabilities
Over-Billing
Bribery and Other Misconduct
Foreign Corrupt Practices Act (FCPA) Risk Areas
Inventory Theft
Embezzlement
Related Party Transactions
Kick-backs
Fictitious Vendors and Customer Frauds
Related Party Transactions
Travel and Expense Fraud
Accounts Payable Fraud
Foreign Corrupt Practices Act Violations

We can also assist with manual journal entry manipulation, payroll fraud/ghost employees and earnings management.

Forensic Investigations Take a Variety of Forms

Another critical point is that the services of a forensic accountant are required for investigations across various industries.

Here are the most common assignments in forensic accounting:

Disputes Among Shareholders or Partners: The compensation and benefits given to each of the shareholders or partners are one of the more common issues in these cases.

Personal Injury Claims / Motor Vehicle Accidents: When economic losses from a personal injury or vehicular accident are in question, a forensic accountant is brought in.

Insurance Claims: Because insurance policies vary greatly in their terms and conditions, such engagements require a thorough policy review to determine the appropriate method of figuring the loss. In this case, a forensic accountant can assist from either the insured or the insurers’ standpoint.

Business/Employee Fraud Investigations: The investigation of employee fraud often requires a determination of the extent of the fraud. It may also include the identification of a perpetrator. Many times, such assignments necessitate interviews of staff who had access to the funds.

Marital Dissolution: Usually, when a dispute of this nature arises, forensic accountants must locate and also evaluate the disputed assets.

Business Economic Losses: These kinds of engagements include contract disputes, construction claims, and expropriations. They may also include product liability claims, trademark and patent infringements, and losses stemming from an alleged breach of a non-compete agreement.

Business Valuation

We also provide a full suite of Business Valuation Services.

Ready for a next-generation Forensic accounting firm?

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