A forensic accountant for financial investigations analyses the financial aspects of criminal activity. Our crime and fraud team are recognised experts in this niche forensic accountancy area. We assist legal teams for both the Prosecution and Defence, individuals, and businesses, in unravelling the evidence to establish where funds originated from and where they went.
To discover more, please call us on 0330 118 8200 or Make An Online Enquiry.
What Does A Forensic Accountant For Financial Investigations Work Involve?
A forensic accountant for financial investigations examines financial records, transactions, and other documentation to uncover discrepancies, fraud, or financial misconduct. Just some of the types of matters on which our specialist forensic accountants regularly advise include the following:
• Benefit Fraud.
Our forensic accountants for financial investigations assist local authorities on behalf of the Prosecution as well as Defendants in benefit fraud cases.
When assisting local authorities, our work frequently leads to convictions for benefit fraud. When working with a Defendant or their legal team, our primary responsibility is considering the Crown Prosecution Service’s report. The Crown Prosecution Service’s case usually hinges on the assertion that the Defendant has claimed benefits to which they were not entitled. By carefully analysing the relevant financial information, such as business records and bank statements, we often identify mistakes in the Crown Prosecution Service’s calculations and reduce the extent of the Defendant’s liability.
• Employee Theft.
Our forensic accountants for financial investigations are regularly approached by business owners and company directors to investigate suspected theft by employees.
Our work in this area often involves scrutinising vast amounts of data, including CCTV footage, bank statements, and the relevant employees’ hard drives. Our findings are instrumental in enabling the business owner or directors to identify the perpetrators and establish the extent of the theft.
• Technology-Related Crime.
Investigating technology-related crime usually involves extracting and analysing an enormous amount of data; one of our cases involved securing and scrutinising in excess of 100 million pieces of data gleaned from a national database.
Our forensic accountants for financial investigations are leaders in this complex field. We consistently develop new and innovative strategies to handle the vast amount of information involved and distil it into easily digestible reports.
• Proceeds Of Crime Act Cases.
In Proceeds of Crime Act cases, the Defendant can be required to pay a sum of money equal to the benefit they gleaned from their criminal activity. Accordingly, a crucial aspect of these cases is establishing the extent of the Defendant’s criminality.
A forensic accountant for financial investigations will scrutinise the Crown Prosecution Service’s report to identify any anomalies in their calculations. By critically examining evidence like the Defendant’s bank statements and wage slips, we often succeed in proving that at least some of the funds claimed by the Crown Prosecution Service to be proceeds of crime in fact derived from legitimate activities. As a result, our work often significantly reduces the sum of money the Defendant must pay.
• Ponzi Schemes.
In cases involving Ponzi Schemes, our expertise assists the Defendant’s legal team in considering the Crown Prosecution Service’s allegations that the Defendant was involved in an investment scam known as a Ponzi Scheme.
A Ponzi Scheme involves taking money from later investors to pay early investors, thereby creating an illusion of high returns. The scheme invariably collapses, causing many investors to lose their money.
A forensic accountant for financial investigations analyses the scheme and scrutinises the evidence on which the Prosecution has built their case. Our aim is to establish whether the scheme was, in fact, a scam or simply represented a high-risk investment.
What Do Our Forensic Accountants For Financial Investigations Offer?
We are committed to providing exceptional forensic accountancy services at competitive rates. We can present our findings in a variety of formats, depending on your requirements and budget. We have an outstanding reputation for preparing clear, concise reports and ensuring they are accessible to anyone who needs to use them.
We are fully conversant with the processes applicable in both criminal and civil cases and enjoy strong working relationships with many of the UK’s leading solicitors’ firms and barristers’ chambers. We regularly act as expert witnesses, attending Court to report on our findings and defend them under cross-examination.
Our forensic accountants for financial investigations are dedicated to staying ahead of the curve. As a firm, we consistently develop new systems, software, and processes to streamline our services and provide our clients with the very best advice and support. We are regularly invited to speak at conferences and to the media and to provide in-house training to lawyers and businesses keen to understand recent developments in the world of forensic accountancy.
To discover more, please call us on 0330 118 8200 or Make An Online Enquiry.
“Thank you ever so much for the work and advice you have provided . The report was clear and accessible and will not hesitate to recommend you all.”
“I am indebted to you for your contribution, and for explaining things in plain English such that even lawyers can understand the issues”
“May I take this opportunity to thank you for your assistance in this matter. Counsel and the judge said that your report was one of the best they had seen in that it was concise and technically easy to understand.”
