
Litigation support is the providing assistance of an accounting nature to a case. This is an important tool for an advocate to use to quantify damages and losses. Forensic accounting differs from traditional accounting. Traditional accounting uses assumptions and rules that are beyond the scope of forensic accounting. Forensic accounting uses a mix of accounting, financial and statistical techniques to arrive to conclusions. These results would have to be defendable in court or arbitration, and thus would be derived solely using generally accepted and proven techniques.
From on scene pre trial investigation to expert analysis, Victor Schranz & Associates has the right experience and know-how to assist you in your in the investigation of financial and business issues.
We understand that there are deadlines to keep to, often being very tight. We pride ourselves at being able to initiate a job with very short notice, and provide a prompt service which is thorough and concise for the need in question:
Our Forensic Accounting services are:
1. Quantification of damages for commercial litigation including:
- Misleading & Deceptive Conduct; and
- Breach of Contract;
2. Calculation of Economic Loss for
- Personal Injury matters; and
- Business Interruption.
3. Business and entity valuations;
- Family Law;
- Purchase or sale of the business; and
- Minority shareholder disputes.
4. Financial investigations including fraud;
5. Reports as to solvency;
6. Due diligence reviews.
- Financing purposes;
- Purchase or sale of a business;
- Financial stability of a business;
7. Strategic Planning including:
- Business plan preparation;
- Marketing plan preparation;
- Financial and cashflow forecasting;
- Debtor and inventory controls;
- Establishment and documentation of internal systems and controls;
- Preparation of businesses for sale;
- Business structuring;
- Debt structuring;
- Preparation of finance applications;