Forensic accounting is different from regular accounting. Rather than just looking at the numbers and analysing the performance of the business, forensic accounting works to identify a trail of numbers that lead to an employee or business partner who is intending to commit fraud. Forensic accounting does exactly what it says on the tin: it uses specific accounting and auditing procedures to uncover evidence in such a way that it can be used in a court of law. This means that you can pursue litigation if necessary and be equipped with concrete evidence that can highlight the fraud in a concise and indisputable way. And if you catch on to the fraud early, you can work on tools to protect your business from any future fraudulent activity.
In addition to catching fraudsters, forensic accounting can also be used to help you resolve any disputes you may have with other companies or businesses. By looking at your accounts and tracking the numbers, you can have a better idea of where the money is going, and can potentially work on settling the issue before any court action is needed.
Blackhawk’s forensic accountants to the rescue!
If you find yourself battling against the force that is fraud, know that Blackhawk is prepared to fight in your corner. We have trained and experienced forensic accountants who know how to dig down through your accounts in order to collate and make sense of the numbers.
Even though forensic accounting is especially useful when dealing with fraud, we can help in a number of areas, including:
- When mergers and acquisitions go wrong
- When warranties or expectations are not met
- In bankruptcy and insolvency cases
- In fraud and embezzlement cases
- During company valuations
- During professional negligence claims
- In ascertaining economic damages through contract breaches
Whether you’re a large company with offices all over the world or a small local business, Blackhawk can help you get to the bottom of any issue you may have where the numbers just don’t add up.
At Blackhawk, we believe that you should always trust your instincts. If you suspect that someone in your business is involved in fraudulent acts, contact us straight away. The earlier you act, the more chance we have of protecting your business and catching the culprit before too much damage is done.
For more information on how Blackhawk can help identify fraud in your business and catch the fraudsters red-handed, call us today on 020 7788 8983.