By Brian Smith, Co-Founder and Managing Partner
Timing can determine the outcome of an investigation. Engaging a forensic accountant early, when suspicions first arise, can prevent losses, preserve evidence, and protect reputation.
What Are the Warning Signs?
- Unexplained variances in financial reports
- Sudden margin changes or cash shortages
- Missing documentation or delayed reconciliations
- Unusual vendor relationships or duplicate payments
Why Early Engagement Matters?
Once data is deleted or altered, recovery becomes difficult. Early involvement allows forensic experts to secure records, trace transactions, and coordinate with legal counsel before the trail goes cold.
Beyond Investigations
Forensic accountants also assist with evaluating internal controls, testing compliance systems, and providing risk assessments to prevent future fraud.
Conclusion
Engaging a forensic accountant is not just reactive, it’s preventive. LCG helps businesses detect irregularities early and build systems that deter future issues.
For litigation support or expert witness services, contact Amanda Porupski at [email protected].