- Is a forensic accountant required?
- General qualities and specific factors in choosing a forensic accountant.
Forensic accountants examine and report on the financial aspects of legal claims and disputes and play an important role in many types of litigation. The specialism has grown over the years and there is a choice of firms for solicitors and others seeking financial input on claims and disputes.
This article highlights various issues which should be considered in deciding whether a forensic accountant is needed and subsequently in choosing an expert. Although forensic accountants are often engaged as advisers, this article considers their involvement as experts.
Is the work needed typically undertaken by forensic accountants?
It is likely that forensic accountants will be required in relation to business valuations, including valuations of unlisted companies, which may be needed in matrimonial disputes and disputes between shareholders.
Expert accountancy input will be invaluable in the computation of loss
