Obtaining Reasonable Certainty Using Forensic Accounting and the Application of the Net Worth Method

Description

I've conducted hundreds of investigations involving allegations of fraud and abuse. I have personally seen the number of hours it can take to investigate broad or imprecise allegations, all to come up with nothing. What I have learned is that concerns that come in the form of "I know he/she moved money here," or "how else would he/she pay for this" are no different from allegations I received regarding corporate fraud from employees who said, "I know something bad is going on."

Both parties are scared and uninformed. They have a real belief something is wrong, but the fact is, it usually stems from their lack of understanding or possibly other feelings. This is not to say we dismiss these concerns. However, we shouldn't begin an investigation into fraud or possible asset dissipation without understanding the big picture.

This course is part of the 2024 Forensic and Valuation Services Conference Bundle. Purchase the conference bundle here.