Jessica specializes in providing forensic accounting, economic damage calculations, professional liability matters, bankruptcy litigation, business valuations, shareholder disputes, and matrimonial litigations to attorneys, corporations, and individuals. When legal matters involve financial complexity, theKFORDgroup helps uncover the truth behind the numbers. Our forensic accounting services support attorneys in fraud investigations, asset disputes, and economic damage claims—translating complex financial data into clear, defensible insights. In every engagement, we identify the relevant issues, isolate key business metrics, evaluate their financial impact and deliver a How Bookkeeping for Law Firms Strengthens Financial Health full financial picture that creates clarity in complex situations. We provide comprehensive forensic accounting, corporate finance, fraud investigation, valuation, expert witness and forensic technology services, going beyond the numbers to deliver financial transparency in legal cases and insurance claims.

• Forensic accounting involves the use of advanced auditing and investigative techniques to examine financial statements and uncover discrepancies, fraud, or irregularities.
• With forensic accounting professionals in over 40 offices on 5 continents, MDD has global resources to assist our clients with their forensic accounting needs.
• We consider guidance, where appropriate, from the government agencies themselves, and from our sources such as the FASB, PCAOB, AICPA, IRS, Bankruptcy Code, and case law.
• The Act has made the pathway for seeking an Unexplained Wealth Order easier for government agencies, who may seek to appoint receivers in certain circumstances.
• At DLA, we have assisted corporate, private equity, and law firm clients in a wide array of purchase price disputes, including working capital adjustments, earn-outs, and breaches of representations and warranties.

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A significant development to watch is what will happen to the sanctioned individuals’ assets, and which portion of such assets will ultimately be identified, recovered, and sold. One may also expect the sanctions regime to lead to a number of both corporate and personal bankruptcies. Sanctions enforced globally following President Vladimir Putin’s invasion of Ukraine are likely to have ongoing repercussions for due diligence requirements.

Contact a Forensic Accounting expert.

Most of these matters involved Grant Thornton forensic accountants supporting the investigation, delivering evidence into Court and gathering and collating digital information. We bring business pragmatism and objective, independent analysis to clients on every assignment. Our forensic accountants possess a depth of sector-specific knowledge across a wide range of industries, having spent extensive amounts of time in the field gathering information first-hand and examining the environment and contextual setting of each engagement. We are involved in complex, global and high-profile litigation, arbitration and investigations combining end-to-end risk advisory, investigative and disputes expertise to deliver holistic solutions for our clients. Forensic accounting involves analyzing financial records to uncover fraud, reconstruct transactions, quantify damages, or support legal proceedings.

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Government organizations, including taxation, revenue, and law enforcement agencies, hire many forensic accountants. Such agencies include the https://www.yuks.co/law/the-primary-aspects-of-bookkeeping-for-law-firms/ IRS, the Department of the Treasury, the FBI, and the Drug Enforcement Agency. Insurance professionals rely on Baker Tilly to provide accurate and reliable analysis of the value of claims made under commercial property, liability and financial lines insurance policies. The global reach and size of our firm ensures resources to handle complex cases in almost every industry.

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Forensic Resolutions, Inc. advises law firms and insurance clients, both plaintiff and defendant, to help quantify the financial aspects of matters in dispute. We also help companies develop strategies for increasing business value and provide leverage in settlement negotiations by simplifying and quantifying complex financial data. Our forensic accounting and litigation support services help resolve disputes faster by clarifying financial realities and ensuring accurate figures are presented.

• Insurance professionals rely on Baker Tilly to provide accurate and reliable analysis of the value of claims made under commercial property, liability and financial lines insurance policies.
• Our expertise also extends to evaluating and verifying financial data, assessing asset values, and calculating support obligations in family law cases.
• Forensic accountants combine financial expertise and investigative skills to uncover fraud.
• Since 1933, our clients have called on us to provide our unsurpassed expertise across more than 800 industries.
• From the initial document review to writing the expert report, our most senior experts are hands-on with all aspects of the case.
• For matters pertaining to economic losses, internal compliance, regulatory oversight and investigating fraud, we’re here to help.

According to Payscale, forensic accountants made an average base salary of $81,340, as of September 2025. It typically takes 4-6 years to become a forensic accountant, including about four years for a bachelor’s degree and two years of gaining experience and completing relevant certifications. Forensic accountants for nonprofit organizations specialize in detecting fraud and corruption related to charitable organizations. They review organizations’ taxes to ensure that they qualify for tax exemptions, in addition to investigating donations and internal spending.

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They typically start by handling certain elements of case research before advancing into lead investigator and expert witness positions. Forensic accountants use accounting and auditing skills to analyze finances for evidence or risk of crime, such as fraud and embezzlement, or any other financial dispute. They must have an understanding of the law and legal proceedings, along with the accounting principles and financial operations of various organizations. The world’s economy is speeding up (particularly in developing markets), and the world is becoming a smaller place. It is therefore inevitable that globalisation will create a large number of international disputes. There is no clearer example than through the huge growth of international arbitration over the past 10 years.