Forensic Accounting
Forensic Accounting involved digging deeper than just what the standard figures are telling you. Avid Partners can forensically analyse your business or a personal financial assessment. Contact Us Today to See How We Can Help!
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What is Forensic Accounting?
Forensic Accountants combine the skills and services of an Auditor, an Investigator and a Forensic Analyst. In an increasingly complex and litigious business world these such services are frequently required to provide expert testimony in court for litigation support and to resolve disputes across a range of areas from personal injury claims to matrimonial disputes, fraud investigations and interruptions in business. “Forensic Accounting” provides an accounting analysis that is suitable to the court which will form the basis for discussion, debate and ultimately dispute resolution.
As Forensic Accounting specialists, with over 10 years experience our managing partner has a wealth of knowledge in a broad range of litigation cases, expert witness reporting and presentation and the negotiation of settlements. Equally critical is our ability to respond immediately and to communicate financial information clearly and concisely. Forensic Accountants are trained to look beyond the numbers and deal with the business reality of the situation.
What type of assignment does a Forensic Accountant undertake?
- Personal Injury – Loss of Earnings
- Business Interruptions & Economic Losses
- Commercial disputes
- Matrimonial Proceedings & Settlements
- Government Enquiries
- Fraud Investigations
- Professional Negligence
- Company Valuations / Due Diligence
- Mediation & Arbitration
What does Forensic Accounting work involve?
- Detailed investigation and analysis of books, records, financial statements and financial evidence for Loss of Earnings Claims, Disruption of Business, Alleged Fraud, Economic Loss etc.
- Identification of any unusual or suspicious transactions
- Identification of Hidden Assets & Unreported Income
- Drawing up schedules of assets and income for matrimonial and other cases
- Quantifying values in a dispute
- Comprehensive help with all court work from the preparation of clear and concise reports for Plaintiffs and Defendants, testifying as an expert witness, attending consultations and settlement meetings with other professional witnesses and legal advisors
- Recreating books and records which have been destroyed in a fire or flood and determining the profit or loss of a business where the records have been destroyed or are unavailable
- Critiquing of other experts’ testimony
- Computation of loss from commercial breach of contract, supply of faulty equipment, faulty raw materials / products, delays in completing contracts and similar type commercial disputes
Contact Avid Partners today to see how we can assist you through our Forensic Accounting Services. Arrange a Free Consultation with us to talk through the specific aspects of your business and we will tailor a package to meet your needs. You can phone us on 01 4286900, email us at advice@avidpartners.ie or alternatively you can fill out the form below.
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"I wish to thank you for your support, advice and handholding throughout the management buy-out. It is critical to have professional advisers who demonstrate a strong commercial and technical understanding of corporate transactions. You certainly showed strong understanding and ability. We look forward to continuing our relationship into the future."
C&P Holdings Ltd
"A breath of fresh air. Your firm demonstrated enormous commercial understanding in turning around negotiations with a potential target vendor. I admire your style and ability to drive the deal forward. Many thanks."
Excel Recruitment
"I would like to say I'm very happy with your service, especially the audit team, your staff are always friendly, helpful and a pleasure to deal with."
Cartridge World Portlaoise
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"A breath of fresh air. Your firm demonstrated enormous commercial understanding in turning around negotiations with a potential target vendor. I admire your style and ability to drive the deal forward. Many thanks." -
"I would like to say I'm very happy with your service, especially the audit team, your staff are always friendly, helpful and a pleasure to deal with." -
"Your business approach to clients is very impressive. I have always found that when explaining the types of service on offer, it is always concise and straight forward. The level of trust that clients place in your company and its staff speaks volumes." -
"I would like to take this opportunity to say how much we are impressed with your company's professionalism, it has been a pleasure working with you all and we look forward to working with you in the future." -
"Avid Partners - Accountants & Business Advisors are an excellent firm of accountants, their quality ethos is outstanding." -
"I have dealt with Jamie O' Hanlon, of Avid Partners - Accountants & Business Advisors Chartered Certified Accountants, for a number of years as he is auditor to one of my clients. I have always found him to be professional and responsive in his approach." -
"Service is second to none; there is always someone at the end of the phone for any business advice. The staff are very easy to get along with, very approachable and know exactly what they are talking about" -
Having got to know the company through the BNI we decided it was time to change accountant. What impressed me about Avid Partners was their professionalism. Their attention to detail was second to none and as an added bonus they are a sounding board to all of my questions. Avid also potted some irregularities in my accounts from the previous few years and saved me substantial money on the years tax bill. Avid Partners deliver a first class service which is everything you could want from an accountant and I am happy to give this endorsement. -
We at Fitzies Bar have worked with Avid Partners - Business & Financial Advisers for over five years. We find that the advice and support offered to us in addition to all of our book-keeping requirements to include payroll, VAT, etc. is invaluable and has helped to contribute to our continued growth especially in these challenging times. I would have no hesitation in recommending Avid Partners. -
Jamie and his staff are a pleasure to work with. They respond promptly to any queries we have and are critical to our financial planning and the future needs of our business. I would highly recommend them to anyone interested in accounting services. -
We at Stillorgan Cycles have used Jamie and his Team at Avid Partners – Accountants and Business Advisers for over five years. We have found that the retail advice and support offered to us is second to none and has helped to contribute to our continued growth especially in these challenging times. I would have no hesitation in recommending Avid Partners. -
I met Avid Partners through a local business networking group. We had been using the same accountants for years and found that in these harsh economic times that we were not getting good enough value or service. We were very impressed by the company's professionalism and enthusiasm and genuine interest in helping us get the most out of our business. As a result we are now clients of Avid Partners and are thrilled with our decision.
