Ensuring The Right Amount Is Paid In A Personal Injury Claim With Forensic Accounting

Ensuring The Right Amount Is Paid In A Personal Injury Claim With Forensic AccountingFrom slipping on a wet floor through to getting bitten by a dog, in August 2014 West Midlands Police revealed they had to pay out almost £600,000 on personal injury claims brought forward by 26 of their officers in the last 12 months alone.

If you work for the police then it is safe to assume that you are more likely to suffer an injury than almost any other profession. But the truth is that any person, in any walk of life could suffer an unfortunate accident through no fault of their own – for those that do, forensic accounting can play an important role in providing much needed support and ensuring justice is done.

To offer a simple example, if a window cleaner has been supplied with a faulty ladder by the company they work for, they could suffer a serious fall from height, resulting in debilitating injuries. In order to make a claim the injured party will need to prepare reports demonstrating the loss of earning incurred, not to mention additional costs for the physical and mental pain – this is where Frenkels Forensics comes in; by using its expertise to assess the damage, the firm can ensure the claimant gets every penny they deserve.

Unfortunately, however, while many people making personal injury claims are only looking for rightful compensation for someone else’s negligence, there are some who fraudulently try to make claims in a ‘get quick rich scheme’. All those pesky TV adverts certainly haven’t helped!

Whether they purposefully throw themselves down supermarket aisles or grossly overstate their loss of earnings, forensic accountants can come to the aid of the defendant to make sure they aren’t taken for a ride. By conducting a thorough investigation, Frenkels Forensics can spot ill-founded claims and ensure justice is done by both parties.

For expert help in making or defending against a personal injury claim contact Frenkels Forensics for an independent appraisal.

Alternatively, if you’re looking for advice in any aspect of forensic accountancy, then do get in touch via Twitter, Google+, LinkedIn or by visiting our website www.frenkels.com

By Vitek Frenkel – find me via Google+.

Leave a Comment

For the latest updates from us, our industry and any other information we feel is worth sharing with our customers, please Sign up to join our email list...

Join Mailing List