June 26, 2013

Is your client in a dispute with a fellow shareholder? Or a party to a contentious dissolution?

man making a decision

Does your client suspect an organization has been a victim of fraud?

When the threat of this type of litigation looms, you need an expert to assist you and your client.

Involvement in a litigious situation is no small matter. Before you choose a financial expert to help you, take the following steps:

  • Verify that those you are considering for your litigation support assistance have obtained the necessary credentials. Forensic accounting and business valuation often play important roles in litigation. Be sure the expert you choose has one or more of the following certifications:
    • CPA: Certified Public Accountant
    • CFE: Certified Fraud Examiner
    • CIA: Certified Internal Auditor
    • CVA: Certified Valuation Analyst
    • AVA: Accredited Valuation Analyst
    • FCPA: Forensic Certified Public Accountant
    • ABV: Accredited Business Valuation
    • ASA: Accredited Senior Appraiser
  • Request their curriculum vitae.
  • Look for membership in professional organizations.
  • Ask for references from other attorneys that the experts you are considering have worked with in previous engagements.
  • Perform your own due diligence on the professionals you wish to engage.

This article was originally posted on June 26, 2013 and the information may no longer be current. For questions, please contact GRF CPAs & Advisors at marketing@grfcpa.com.