Accounting and financial matters are at the heart of many business disputes. In today’s complex business environment, solid evidence provided by financial experts drives the outcome of many of these issues.
Whether a financial dispute follows a process of litigation, mediation, arbitration, or some other mechanism, we can help to bring clarity to complex situations. RSM Richter’s Dispute Resolution and Financial Investigation Services Group assists the legal community, corporations, financial institutions, governments, regulatory bodies and individuals by investigating and assessing the financial issues involved in a dispute, and offering sound financial advice to facilitate resolution of the dispute.
Quantification of Damages
We apply a variety of quantitative and qualitative techniques to analyze the financial impact of an alleged fault and measure damages. The final independent expert report and testimony highlights key findings and conclusions in a clear and logical manner, providing an accurate assessment of any real or potential losses.
Fraud Investigation & Prevention
We investigate financial discrepancies and instances of fraud which include:
- Gathering and analyzing financial evidence
- Analyzing financial misrepresentation
- Quantifying losses
- Providing independent expert testimony
- Tracking and recovering assets
- Interviewing persons of interest
We can also work closely with you to develop proactive approaches to fraud prevention, with programs such as:
- Fraud Risk Management and prevention planning
- Anti-fraud policy and programs
- Fraud testing plans
- Training and awareness workshops
Insurance Claims
Our team provides expert accounting reports that analyze and quantify insurable losses resulting from fire, theft, or other events. These often require the valuation of a portion of a business or, in cases of catastrophic failure, the entire operation.
Class Action Administration
Our objective is to ensure that class action settlement or judgment terms are efficiently implemented and managed. As third-party administrators, we help ensure that claims are processed according to the planned arrangements and that the benefits are calculated and distributed under the terms of the resolution. If need be, we have the capability to set up and manage centralized communications with claimants via websites and call centers.
Evaluation of Accountants’ Professional Negligence
We provide an objective and unbiased analysis in order to evaluate compliance with generally accepted accounting principles (GAAP), generally accepted auditing standards (GAAS) and fair presentation.
