Forensic Accounting Services in Concord, NH
There are times when a company needs to take a scrutinizing look into its financial data in order to protect its future. Forensic accounting provides a deep dive into your finances from an unbiased third party who can ensure accuracy and bring hidden issues to light. At Plodzik & Sanderson, P.A., we are committed to helping you gain a clearer picture of your accounting and delivering data that you can use to make decisions and take action.
Whether you are investigating the possibility of mismanagement or are seeking forensic accounting to clarify a legal dispute, our team offers the support you need. Our services are prompt, thorough, and professional throughout the entire process. If you need forensic accounting for your Concord business, contact Plodzik & Sanderson, P.A. and schedule your free initial consultation today.
Do I Need Forensic Accounting?
Forensic accounting goes far beyond what the standard accounting process is designed to do. As many companies don't require it very often, it can be difficult to know when you need the help of a forensic accountant.
The purpose of forensic accounting is to take a scrutinizing look into a company's records, similar to an audit. Where they differ is in their intent. An audit's job is to verify that the data is accurate through internal and external sources, pointing out any discrepancies they find in the process.
A forensic accountant, on the other hand, searches the records for any indication of inaccuracies and the reasoning behind them. They determine whether any errors or questionable data are innocent mistakes or deliberate misrepresentation. Forensic accounting can also piece together data that's lost or corrupted, restoring the reports for a clearer picture of the company's financial history.
Forensic accounting is often needed when dealing with potential fraud or embezzlement. Either party can also request it during a legal dispute, such as a divorce or dissolution of a business partnership. Situations where our forensic accounting services can assist your business include:
Our Concord Forensic Accounting Services
When you turn to Plodzik & Sanderson, P.A. for forensic accounting, you can depend on us to deliver our reports with high accuracy in a timely manner. We adhere to all legal and professional standards to produce documents capable of standing up in court. We take our commitment to your business seriously and conduct our forensic process with all due diligence without disrupting the flow of your business.
Our team has a broad range of experience with our forensic services, allowing us to tailor our process to suit your specific needs. Whether you are preparing for court, tightening up your internal controls, or are dealing with an unusual and delicate situation, we have the skills and professionalism to handle your situation sensitively.
Consider these examples of how we apply our forensic accounting services to the benefit of our clients:
Preliminary Fraud Investigations - Fraud and embezzlement are the most common reasons that companies seek forensic accounting. Whether you have a genuine reason to suspect foul play or you're looking to confirm its absence, you'll need a reliable outside party who can provide clear and defensible reporting without bias. Our team takes a comprehensive look at your records, extrapolates the data, and presents our findings with appropriate discretion. Our work will also help you pursue legal recourse if criminal activity is found and may be enough to jumpstart a criminal investigation.
Report Evaluation and Preparation - Companies generate countless financial reports in the course of business, and being able to verify their accuracy is critical to your long-term success. Our team evaluates such reports as part of our forensic investigation and uses our findings to paint a picture of your actual financial standing. If losses require submitting an insurance claim, our team will prepare reports you can use to support your claim and receive the reimbursement owed to you. These reports can also be used in legal prosecutions.
Legal Support - We frequently assist clients in court disputes where detailed analysis of a company's records must be presented or authenticated. We can provide expert witness testimony to support the veracity of your case. Our team can also serve as consultants, working with your attorney to review other expert witnesses and identify any potential weaknesses in their arguments.
Risk Assessment - Forensic accounting doesn't always have to wait for signs of trouble. The same process can help you shore up your internal controls and prevent the potential for mismanagement in the future. By evaluating your current setup for signs of weaknesses or even replicating fictional scenarios, we can help you see what needs to be done to make your financial defenses more robust. Taking steps like these now, while your company appears financially sound, can protect you against potentially disastrous future events and ensure the integrity of your accounting.
Special Engagements - We've often worked with companies in niche industries or specialized situations where a deft touch is required. Attorneys in need of a compliance review can count on our team to deliver comprehensive reporting. Clients involved in government contracts or grants also require highly detailed reports to prove compliance and avoid serious fines and sanctions. We're happy to work with clients across the state of New Hampshire, delivering effective support and reliable reporting whenever such complex needs arise.
Protect Your Business With Concord Forensic Accounting
Just as you're committed to growing your business, our team is committed to helping you protect it. When you need clear and trustworthy answers to your financial questions, Plodzik & Sanderson, P.A. is here to provide the support you deserve. If you're seeing a forensic accountant in Concord, we have the experience and expertise to deliver what you're looking for. Contact our office and schedule your free initial consultation today.