Accounting is a complex process and it can be very difficult to determine what went wrong or who is responsible when the numbers don’t quite add up. Many frauds begin on a small scale, which is one reason why fraud and embezzlement can go unnoticed until the damage is significant.
A forensic accounting investigation differs from an audit in that they are not recurring (as a quarterly or annual audit might be) and are only conducted at the request of a company’s executive management. Forensic accounting investigations are targeted to examine a specific area of the business; they are not general assessments of the business as a whole. The goal of a forensic accounting investigation is to detect the presence of material misstatements, regardless of their cause. These investigations usually involve following a money trail, determining the origin, current location and next destination of any misappropriated funds. Investigators performing forensic accounting have a specific, highly refined skill set that enables them to look at the numbers and make sense of them in a way few others can.
Baldwin Legal Investigation’s forensic accounting services are used to identify a variety of criminal activities, including:
- Employee theft / embezzlement
- Insurance fraud
- Kickbacks and corruption
- Securities fraud
- Money laundering
BLI offers both investigative and analytical services to law firms, insurance companies and individuals providing computer forensic specialists, fraud examiners and other experts that can help document the facts of your situation. In addition to the forensic accounting investigation, BLI provides litigation support and can help quantify the damages suffered as a result of breach of contract or criminal activity.
Baldwin Legal Investigations also provides expert witness testimony regarding the information uncovered during the course of the investigation.