Expert Forensic Accounting Services
MacKenzie & Company LLC specializes in forensic accounting focused on asset tracing, where financial documents are examined to understand how cash or assets were improperly removed from an entity.
Forensic Accounting
Forensic accounting services involve the application of specialized accounting, auditing, and investigative skills to analyze financial data and uncover fraud, misappropriation, or other financial irregularities. These services are often used in legal disputes to provide expert analysis and testimony that helps courts, attorneys, and stakeholders understand complex financial matters. Key forensic accounting services include fraud investigation: investigating allegations of fraud, including asset misappropriation, financial statement manipulation, and corruption. Asset tracing: tracking stolen or hidden assets across accounts or jurisdictions to recover misappropriated funds. Document review: examining financial records, contracts, invoices, and other documentation to identify irregularities. Expert testimony: presenting findings in court and explaining complex financial matters in a clear and concise manner. Internal control assessment: evaluating weaknesses in internal controls that enabled the misappropriation and recommending preventive measures. Data analysis: using advanced tools to analyze large volumes of financial data, uncover patterns, and detect anomalies.
Forensic Accounting Helps the Court Understand the Impact of Misappropriation
Quantifying financial impact: calculating monetary losses, including direct and indirect costs, to provide a clear picture of the harm caused. Tracing funds: following the trail of misappropriated assets to determine how they were diverted and whether they can be recovered. Providing evidence: compiling detailed reports, charts, and visual aids to present evidence in an accessible manner. Explaining financial concepts: simplifying complex financial transactions and principles for judges, juries, and attorneys. Identifying patterns and methods: analyzing fraudulent behavior, such as falsified invoices or unauthorized transactions, to understand how the misappropriation occurred. Assessing internal controls: highlighting systemic weaknesses that allowed the fraud to occur and suggesting improvements. Supporting legal arguments: providing objective, evidence-based insights to strengthen legal claims or defenses.
Cases of Note
By uncovering evidence, quantifying losses, and presenting findings in a comprehensible way, forensic accountants play a vital role in helping courts understand the financial impact of misappropriation and ensuring justice is served. Cases of note, Mr. MacKenzie has prepared forensic reports or rebuttal reports for companies in various industries such as employee misappropriation, construction contract dispute on the distribution of funds, and he was a receiver to control the cash flow of a company required to complete a construction contract.
Numerous Reports Detailing
Expert Forensic Accounting Assistance
If you suspect financial discrepancies or require professional analysis, our extensive expertise in forensic accounting is ready to provide the insights you need.