Forensic & investigations
Forensic is simply a term that means "of or used in connection with courts of law". In other words, forensic accountants are involved in matters of actual or potential litigation. Forensic professionals use their talent to search out and quantify commercial wrongdoing. It describes the range of accounting services which contemplate or may lead to the use of an accountant's professional work or opinions in a court of law or other dispute resolution forum.
These services are wide ranging and include:
- Investigations of suspected frauds or irregularities on behalf of private clients, corporate bodies, financial institutions, law enforcement agencies, regulatory bodies or the government;
- Advising clients on fraud risks and practical methods of prevention and detection
- Expert opinions on the quantum of losses in the context of breaches of contract or warranty, business valuation disputes, divorce cases, fatal accident and personal injury claims
- Expert opinions in relation to professional negligence claims and on technical matters relating to auditing, accounting or taxation.
Grant Thornton International Forensic Network
Grant Thornton has developed specialist Forensic and Investigations Services practices, with full time staff in 35 Grant Thornton International member firms across the globe. Whether your requirements are in Europe, Canada, the United States, South Africa, Australia, Asia or the Far East, Grant Thornton is able to draw on full time Forensic specialists to meet your requirements. Our specialists are based in key business centres around the world and include specialists in investigating international fraud, assisting with sale and purchase disputes or shareholder disputes as well as regulatory disputes and insurance claims. Whether it is advice, opinion or negotiation services, with experienced teams based in strategic international centres, Grant Thornton can react wherever in the world our expertise is required. Grant Thornton's professionals include accountants, former police officers, certified fraud examiners, business valuators, bankruptcy trustees, criminologists, IT and other specialists that work togetherto provide a full range of services associated with fraud risk, investigation and prevention. They have extensive international experience in the investigation of complex fraud cases.
Grant Thornton Forensic Accounting in India
The forensic and investigative practice of Grant Thornton in India wasestablished as a response to the escalating white-collar crime.There was the need to develop an expertise that combined the principles of accounting and investigation. Thisexpertise is applied to a broad range of frauds and businesssituations in dispute.