Forensic Accounting Services Nigeria| Excess Bank Charges

“Forensic Accounting”

We support our clients with expertise in Forensic Accounting, including serving as expert witnesses. We help clients unearth and determine the financial claims that they may make on third parties relying on our deep insight, wide experience dealing with lawyers. We not only prepare technical reports that are easily understood by laymen, we also provide support in court as expert witnesses.

We provide forensic accounting service in the following situations demanding our skills and experience

Due Diligence
Contractual Disputers
Fraud Detection
Business & Share Valuation
Lost Profits Claim/Loss of Earnings
Assets Tracing & Recovery
Damage Estimation
Matrimonial Disputes
Litigation Support
Establish Cause
Claim Preparation
Report Preparation
Damage Calculations
Deposition Assistance

[/vc_column_text][/vc_column_inner]

Expert Witness Testimony
Litigation Consulting
Document Management
Data Mining / Analysis
Financial Analysis and Review
Locate Documentary Evidence
Interview Suspects / Obtain Confessions

FORENSIC ACCOUNTING AREAS

Lost Profits

A loss of income or profits can occur any time due to a multitude of factors, including negligence, product liability, fraud, contractual disputes and unstable market conditions.

We provide lost profits or income reports for our clients when parties to a commercial agreement breach them, fraud, environmental damage resulting into loss of business income, contractual disputes or product liability

We provide iron-cast loss estimation and damages to support your claim with our loss determination models.

Our processes include:

Forensic examination of business and financial information
An analytical review of industry data to calculate the effect on profits due to the breach
Direct computation of pre-loss forecast profits and actual profits after the event
Consideration of all non-loss related matters and situation to measure their impact on performance or profits
Systematic information gathering from talking to top management, key suppliers and customers
Engaging other experts where necessary
Expert and consulting witness testimony
Working as an Expert Witness in a Law Court
For further details, contact this team today

Liability Losses

We are specialists in the investigation and quantification of liability losses. Companies who suffer damage which results in a restriction of their operations find our firm a friend indeed. They can be rest assured that their claim for economic damage will be well supported by our loss liability quantification expertise.

Our methodology includes the following

Analysis and review of business records and underlying financial information
Assessment and documentation of all physical damages if any
Follow on all post loss events
Analyze lost profits claims through the examination of financial and operational records
Quantify loss profits deploying both statistical, economic and financial models
Identify and measure extra expenses
Identification and measurement of any cost incurred
Consider short-term remedies and costs
Provide expert and consulting witness testimony when necessary
Acting as expert and consulting witness while our client is making and establishing the claim
Our expertise guarantee that you have reasonable, scientific, error-free and reliable measurement of your liability losses

Business Valuation

We provide business valuation services to our clients who require the same during fresh capital injections, investments, divestments, Initial Public Offering, Partner Disputes, and Exiting Stock Market where Minority Shareholders Dissent.

Our methodology include

Reviewing historical and forecasted information, including analysis of balance sheets, income statements and cash flow
Review of historical financial information, review of projected financial information of the business. The Balance Sheet, Profit and Loss, and Cash Flow Statement are analysed
Conducting meetings with management to discuss company history, operations, employees, customers and competitors and other relevant items
Holding Sessions with company management, reviewing plans, history, markets, competition and business environment
Conducting analytical reviews of the company’s financial information
Reviewing financial budgets, contractual agreements, customer lists, management, national economy
Delivering an opinion of value deploying relevant valuation models and the weaknesses with the models and providing justification for the model used in the report
Writing the Valuation Report
Working as an Expert and Consulting witness on the Valuation Report provided
Our customers trust us for an objective and professional valuation of their business

Business Interruption Claims

Calculate damages solely attributable to the incident when their business suffer interruption resulting in losses. We quantify the losses, identify the financial impact of the business interruption on projected profits and actual profits.

Our methodology includes:

Analysis and review of business records and underlying financial information
Assessment and documentation of all physical damages if any
Follow on all post-loss events
Analyze lost profits claims through the examination of financial and operational records
Quantify loss profits by deploying both statistical, economic, and financial models
Identify and measure extra expenses
Identification and measurement of any cost incurred
Determination of losses related to the business interruption only
Provide expert and consulting witness testimony when necessary
Acting as an expert and consulting witness while our client is making and establishing the claim
Our expertise guarantees that you have reasonable, scientific, error-free and reliable measurement of your liability losses

Fraud, Concealment & Misrepresentation

When fraud is suspected, it can have serious financial implications and perhaps even destroy the affected business. This is why it’s so important to work with someone who can uncover these improprieties and assess the financial damage associated with these actions.

We provide expertise in uncovering suspected fraud and assessing the financial impact on the business.

Our methodology includes:

Review of financial and business records, transaction reports and financial statements
Detailed analysis of current and past financial records and statements
Review of existing controls, process and procedures regarding the suspected transaction for any beaches
In-depth reviews of journal entries for suspicious items
Review of Journals. General ledgers and Schedules, Source Documents like Payment Vouchers, Contract Documents, LPO, Waybill etc
Analytical review of financial statements, market analysis and economic situation
Review of Internal Controls, Risk Management, Corporate Governance
Providing Expert and consulting witness testimony
Talk to us today on this subject, you will be in safe hands

Business Disputes

We are your premier forensic accounting firm supporting you in resolving business disputes that arise from financial and economic damages. When contracts are breached or terms of contract are either repudiated or negligently observed by third parties resulting in financial losses, business owners disagree, funds are misappropriated, people with fiduciary duties breach their responsibility, excess bank charges, fraud resulting from commercial lending, they turn to us to accurately and professional assess the loss to support their claim

Our methodology includes:

Assessment and measurement of the amount involved in breach of contract, fraud, shareholders disputes, damages in breach of fiduciary duties
Identification of information needed for investigation and analysis including testimony, third-party and company records and industry/market research
Review of industry and market reports and extant laws and regulations
Defense of our client with a strong basis, particularly weakening the testimony of opponents
Serving as Expert Witness
Contact this service today for results.

Government Services

We provide forensic accounting services to the public service that require independent and investigative work. We perform financial analysis and modeling and also provide support during litigation. Our client enjoys the following services:

Support during trials at the court, serving as expert witness
Fraud Investigation & Audit
Assets Tracing
Anti-fraud consulting, including detection and prevention
Forensic Information Provision
Contractor Due Diligence
Suspected Corruption Compliance review and investigation
Data analysis and visualization
Process Reengineering Audits
Suspected Contract Splitting investigation and audits and recovery of determined financial losses
Training for Field Officers and forensic Investigators
Our practice is your choice for results

Environmental Damages

We are your choice of forensic accounting practice firm for the quantification and assessment of environmental damages claims. We have the skills and experience to produce investigative and independent reports that accurately assess the economic damage. Where necessary, we collaborate with experts from other disciplines to produce our reports.