When Do I Need a Forensic Accountant?

In my November 7, 2014 blog, I wrote broadly about the role of a forensic accountant in analyzing, clarifying, and summarizing complex financial situations.  As a reminder, forensic accountants are frequently contracted as experts in litigation or as financial consultants in contentious circumstances, namely spousal divorces or business transactions.

In many instances, personal and small business arrangements between partners and/or shareholders, one party is responsible for the relevant finances.  If the relationship between partners goes awry, the non-finance partner can be left questioning past financial dealings.  When the non-finance partner is unable to get comfortable with what has transpired, hiring a forensic accountant often proves to be a sound investment. It is critical to have a qualified professional who can unravel and synthesize historical financial events, and then educate and arm the unfamiliar party with valuable information to productively negotiate or effectively argue in court.

If, in fact, there is nothing untoward in the financial dealings, this too is important to know before negotiation, mediation, or court proceedings.  Strength of position and peace of mind are both powerful.

Please contact Beth Petrie, at bpetrie@claruspartners.com or (614) 545-9100, if you have complex financial issues that need be understood and presented simply and cleanly.  At Clarus, we bring clarity to complex financial issues so you can make solid, well-informed financial decisions.

I am not an attorney and do not purport to be giving legal advice.  If you are seeking legal advice, please consult your attorney.

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