Forensic and investigative accounting involves a combination of creativity, common sense and experience in order to develop a case scenario and fully document what has occurred. Whether determining if a fraud or other impropriety has occurred (in order to initiate or defend against litigation) or verifying and documenting alleged activity in which legal action has already commenced, our accountants are skilled at assessing the situation and preparing for the various phases of litigation.
Each of our accounting experts is highly experienced in applying their accounting knowledge and acumen in different settings, including disputes and investigations. They have opined on matters ranging from compliance with professional standards to financial analyses, to the theoretical constructs underpinning GAAP and GAAS pronouncements. Our accounting experts have advised counsel on issues pertaining to financial reporting and disclosure issues, technical accounting issues, and damages.
When fraud is the issue, Claro’s professionals attack the problem with unrivaled experience. We have successfully guided our clients through the veritable maze of complicated fraud schemes, including:
- Accounts receivable schemes
- Bank fraud
- Bankruptcy fraud
- Corporate internal investigations
- Diversion of funds and assets
- False and misleading financial statements
- Financial record reconstruction
- Inventory schemes
- “Ponzi” schemes
- Preferences and fraudulent transfers
- Real estate and mortgage schemes
- RICO violations
- Securities and investment fraud