While most business owners and executives do not want to think about it, the unfortunate reality is that fraud happens. Often these activities can go undetected for several months or years before they are discovered. When the ugly truth comes to light, many Chicago companies make the decision to retain a forensic accountant to uncover the depth and extent of the damage. This is essential to making a claim and forcing those involved be held accountable for any wrongdoings. It is common for the findings to become part of legal proceedings and may even require the forensic accountant to give expert witness testimony in court.

Forensic Accounting Experience

Selden Fox works with organizations in Chicago and across Illinois to uncover fraud and prepare findings suitable for court presentations. In collaboration with representative attorneys, our accountants effectively present the evidence that led to our findings. Our team members are certified public accountants (CPAs) and certified fraud examiners (CFEs) who offer a unique combination of practical experience and technical expertise. This allows us to identify common and potential fraud schemes. As a result, you have the peace of mind of knowing you have a knowledgeable, experienced forensic accountant on your team.

Forensic Accounting Services

Our forensic accounting services are specifically designed to uncover and evaluate potentially fraudulent activities. We assist with fraud investigations, uncover unreported income and assets, records examination, and insurance dispute reviews. Our findings are designed to answer the following questions:

  • What was the loss? Present clear evidence that the business or individual suffered a financial loss.
  • Who is responsible? Identify the suspects involved.
  • Why did it happen? Help identify plausible motives.
  • How did it happen? Bring to light possible conditions and/or circumstances that could have allowed the incident to occur in order to avoid similar situations going forward.

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When an unwanted fraud or other loss event is discovered, it is important to work with an experienced forensic accountant to collect the facts and accurately portray the details. Contact us today to find out how Selden Fox can assist with your forensic accounting or expert witness testimony needs.

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