Litigation

From Chaos to Clarity in Financial Investigations

By Tracy Coenen

From my Thought Leadership series at Securities Docket:

The financial part of a case can become overwhelming very quickly. Particularly in cases involving white collar crime, securities fraud, Ponzi schemes, or other fraud recoveries, the trail of financial documentation is often very long. A forensic accountant needs to examine the financial documents and piece together the evidence in a way that attorneys, judges, and juries can understand.

When there are mountains of data, the investigator needs a way to quickly examine the data, assemble it in a format that is usable, find connections between transactions, and quantify results. Traditional forensic accounting techniques are no longer effective in these types of investigations. The volume of data can quickly overwhelm the investigator, and this affects the quality of the results

Read the whole article at Securities Docket.

Full post as published by The FRAUDfiles Blog on November 23, 2010 (boomark / email).