When one hears the phrase “forensic accounting”, it is usually followed by “oh wow, that sounds exciting”, and it is! The StarTribune calls it “CSI for the number-crunching crowd” in an August 1, 2015 publication. Forensic accounting is a comprehensive analysis of financial and accounting records in order to provide a basis for the courts to use in a dispute between two parties. Traditional accounting expertise is used as the basis for forensic accounting, however the analysis of records goes […]

The Wal-Mart Mexico scandal has created a never-ending list of curious consumers, and a long-lasting sour taste in the mouths of shareholders. The fraud allegation is very basic but the case is incredibly complex, in which I hope this blog sheds some light on any questions you may have. In 2005, Wal-Mart’s key executives received significant and what seemed to be highly-credible evidence that executives of its substantially large subsidiary, Wal-Mex, had paid hundreds of bribes to Mexican officials for

This is a question we are asked on a regular basis, and can deadlock a company if left unanswered. The simple response is BEFORE IT IS TOO LATE! Forensic accountants are typically used in 2 scenarios: on the front end minimizing the risk of fraud; and providing support in situations where there is a suspicion of fraud or the potential for crisis. In either instance, the earlier a forensic accountant is retained, the better. As forensic accountants, we love working