Forensic Accounting Services
Herbein + Company, Inc. has extensive litigation support, investigative accounting and expert testimony experience. Our team is comprised of professionals that communicate effectively, have the forensic accounting experience needed, and the ability to convey complex financial issues in a clear, concise manner to litigants, counsel, judges and juries.
Each forensic engagement is unique. Do you suspect fraud in your organization? Would you like to put systems in place to prevent any fraud opportunities in the future? By conducting detailed investigations of suspected fraud and providing fraud prevention services, we assist businesses, attorneys, insurance companies and others with their customized forensic accounting engagement. Services may include:
- Investigating financial statement fraud
- Investigating tax, healthcare and bankruptcy frauds
- Investigating employee theft
- Investigating check kiting
- Tracing money or assets
- Determining the reasonableness of insurance claims
Litigation Support Services
The early inclusion and utilization of an experienced Certified Public Accountant as part of your team to gather, organize and interpret financial data allows counsel to concentrate on the legal issues.
The role of our forensic accountants is to make complex accounting issues intelligible to non-accountants through face to face interaction, written reports, graphic displays, or oral testimony. We research, quantify and present the financial impact of a dispute as it relates to a legal matter. To be effective, we then communicate the findings in a simple, clear, easy-to-understand manner.
- Divorce litigation
- Expert witness testimony
- Mergers and Acquisitions
- Disputed estate issues
- Commercial litigation support
- Fraud prevention, detection and investigation
- Business / Personal Loss Analyses
- Business interruption
- Personal injury
- Examiner Services
- Financial Institution Investigations
- Investigative Services
- Fraud Investigations
Bankruptcy & Insolvency
When a client is financially ailing we assist the client to understand the importance, now more than ever, of working with a team of knowledgeable, experienced financial professionals.
We help entities accomplish their goals by providing services such as:
- Specialized accounting/bookkeeping services
- Bankruptcy tax services
- Management consulting services
- Assistance in preparing required bankruptcy schedules
- Operational reviews
- Assistance in complying with the U.S. Trustee Operating Guidelines
- Guidelines
- Detailed operating budget preparation
- Negotiation assistance
- Plan of Reorganization development
The Creditors’ Perspective
Creditors, Secured lenders and Trustees require accurate financial information to make knowledgeable business, lending, credit and potential litigation decisions. Herbein + Company, Inc. has a proactive approach and will prepare the necessary financial information in an accurate, unbiased, and timely manner.
Services we provide to creditors may include:
- Debtor viability assessments
- Evaluation of preferences and fraudulent conveyances
- Financial investigations designed to maximize recoveries to Creditors
- Assistance in preparing and evaluating Plans of Reorganization
- Assistance with valuation issues
Links: Association of Insolvency & Restructuring Advisors (AIRA),
American Bankruptcy Institute (ABI),
Association of Certified Fraud Examiners (ACFE),
National Association of Certified Valuation Analysts (NACVA),
Institute of Business Appraisers (IBA),
American Society of Appraisers (ASA)