In any business, there are a number of money laundering and fraud cases that occur internally. Forensic accounting is a specialized branch of account that mainly focus on investing the financial records of businesses to determine whether these crimes has occurred. They also help to identify and detect suspicious activity and assess the work of the business accountants themselves. Whether these crimes are intentional or not, these evidences can help a business during assessment in a number of ways. These forensic accountants are also specialized to produce findings in court and give evidence during trials.
At Sugarman Company LLP, we have been offering expert witness and forensic accounting services for over 50 years. Our experience in the job has helped facilitate over $100 million in combined settlements. We provide our services to Davis, Fresno, San Francisco, San Jose, Santa Clara, Santa Rosa and neighboring areas. If you are from any of these areas and need help, we are here for you.
Here are some more reasons why forensic accounting is important:
- Helps to solve office crimes
Forensic accounting helps in solving financial crimes in businesses. Not only does it help in gathering evidence for crimes that have already occurred, but it helps in detecting and identifying crimes. These crimes can range from fraud and money laundering to bribery within government offices.
- Helps business finances
Businesses can use forensic accounting to detect a number of suspicious activities and anomalies among their staff as well as with the third parties they are working with. For example, a company can order a check on an employee’s purchasing records to make sure that all of his purchases were for business use and catch him if he had used some of it for personal use.
So, if you are interested in our services, contact us today.