Forensic accountants are frequently used in fraud and embezzlement cases to explain the nature of a financial crime in court by both government prosecutors and criminal defense attorneys.
Forensic Accounting is also used in civil court matters such as:
- Hidden Assets in Estates and Divorce Cases
- Economic Loss Valuations for Breach of Contract Including Non-disclosure or Non-compete Agreements
- Torts
- Disagreements Regarding Company Acquisitions
- Business Valuation Disputes
- Breach of Warranty Claims
- Fraudulent Contract Procurement
- Construction Damages Claims
- Bankruptcy, Insolvency, and Reorganization