Litigation Support

Freed Maxick has extensive litigation support and courtroom experience. Our team is comprised of effective communicators and excellent technicians of forensic auditing and fraud examinations. They have an ability to make complex financial issues understandable to a judge or jury. Our experience has been both for civil & criminal proceedings that required revenue reconstruction, gross profit determination and analysis of the diversion of income. We also have provided assistance in quantifying the amounts in defalcation actions for a number of litigators. Below we have outlined for you areas we have provided litigation support services & expert testimony.

Business Losses

• Breach of contract
• Insured losses
• Fraud
• Lost profits
• Gift and Estate Tax valuation
• Valuation of operating businesses
• Calculation of marketability & minority-interest discounts

Business Valuation

• Marital dissolution
• Buy/sell agreements
• Purchase or sale transactions
• Gift or estate tax

Forensic Accounting

Forensic Accounting is an investigation to test for abnormalities within an accounting system. It is also commonly known as a fraud investigation; and usually involves misappropriation of assets or fraudulent reporting.

Forensic Accounting Engagement Phases

A typical forensic engagement with Freed Maxick & Battaglia, CPAs includes the following processes:

1. Pre-engagement and Planning Procedure Phase
   1. Fact Finding and basic firm overview
   2. Conflict of Interest
   3. Prepare preliminary fee estimate
   4. Determine scope of engagement and develop agreement with client
2. Investigation Phase
   1. Ascertain financial records, legal procedures
   2. Identify & evaluate fraud exposure
   3. Obtain & inspect relevant documents
   4. Plan & conduct interviews
   5. Evaluate evidence
3. Reporting and Wrap-up Phase
   1. Prepare investigative findings
   2. Discuss w/ client & client’s attorney
   3. Prepare reports and/or testify

CONTACT US to learn more about our Consulting Services.