• Claims Assessment;
• Loss Quantification Matters;
• Investigative-Related Matters;
• Reconstruction of Data and Data Recovery;
• Consultation on Financial Matters;
• Valuations;
• Expert Testimony; and/or
• Dispute Resolution and Negotiation.

Whether you are counsel (firm, or in-house), crown, plaintiff, defendant, insurance claims adjuster, management and administrative representative there is a benefit in contacting us.  Please read on to see why.

Claims Assessment

We can assist you in the identification of the Heads of Damages from a financial perspective in the areas listed above. Our assessment could provide you with a better understanding of your claim and thereby providing you with an opportunity to make a more informed decision. Our assistance in the determination of alternate Heads of Damages may impact on the total quantum of your claim and thereby enhance the probability of success.

In addition, there could be cost-benefit to you in the selection of alternate Heads of Damages that may not be available unless identified early on in your claim.

Loss Quantification Matters

According to the Canadian Institute of Chartered Accountants, Investigative and Forensic Accountant Specialists Section, the key areas of loss quantification are:

• Impaired or lost income-generating interest, including losses of business income;
• Personal injury/wrongful death;
• Products liability;
• Professional negligence;
• Economic interference;
• Intellectual property claims; and
• Property and income losses for insurance claim purposes (e.g. business interruption, patent infringements, construction claims, wrongful dismissal, wrongful taking)
  

We can assist counsel in the identification of the Heads of Damages from a financial perspective in the above areas whether you are faced with either the need for:

• Economic Damage Quantification; or
• Loss of Income Calculations.

Investigative-Related Matters

According to the Canadian Institute of Chartered Accountants, Investigative and Forensic Accountant Specialists Section, the primary investigative-related areas of involvement of a Specialist in the field are the analysis of financial activity, primarily to determine and/or summarize the business substance and effects of financial transactions and includes:

• Fraud/theft related matters (criminal, civil, insurance remedies);
• Financial statement manipulation;
• Shareholder/ partnership disputes;
• Stock market fraud;
• Investigation for hidden assets and unreported income (income tax, matrimonial and related disputes);
• Secret commissions;
• Bank fraud;
• Supplier kickbacks; and
• Computer crime.

The typical engagement in this area could include one or more of the following services:

• Reconstruction of Records;
• Fraud Prevention and Detection;
• Interpretation of Financial Information;
• Document Analysis and Management; and/or
• Tracing of Transactions.

Reconstruction of Data and Data Recovery

Our assessment could provide you with the following benefits:

• A better understanding of your claim;
• How to stop the loss and better attempt to avoid future losses;
• How the fraud was perpetrated; and
• Identify possible avenues of recovery, before certain doors may close.

Consultation on Financial Matters

There is a benefit to you in involving us at an early phase in your dispute. In many cases, our early involvement may result in the following benefits:

• The possibilities of the options available are less likely to be limited;
• Prevent of the further loss;
• Identify possible avenues of recovery, before certain doors may close;
• The availability and accessibility of information is less likely to be compromised;
• The client's inconvenience is reduced; and
• The cost of preparing an analysis and report are reduced when the assignment can be conducted over a reasonable timeline.

Expert Testimony

We bring you over twenty years of experience in this field of investigative and forensic accounting. Our people acquired forensic training and experience in Big 5 accounting firms, prominent business schools, and law enforcement.

Andrew Neuman, B. Comm., CFE, CVA, CA•IFA, the senior member of the firm, is a recognized specialist by the Canadian Institute of Chartered Accountants (CICA) in the field of Investigative and Forensic Accounting (IFA). Mr. Neuman is also a member of CICA IFA Interest Group since 1998, has chaired the IFA specialists committee, which oversees the accreditation interview process for IFA's, and will be Co-Chairing the CICA Investigative and Forensic Accounting Conference this year.

Over the years Mr. Neuman has authored articles, chaired conferences, lectured before numerous business and legal associations including the Canadian Bar Association and have been interviewed by media including radio, television and periodicals, on various investigative and forensic accounting issues.

In addition, Mr. Neuman has also been qualified as an expert witness on numerous occasions with respect to accounting and business related matters before the Ontario courts (including before a jury), arbitration and mediation hearings including mediation processes sponsored by the Ontario Courts.

Dispute Resolution and Negotiation

Generally, this type of work requires the performance of financial analysis in the context of a legal, or potentially legal dispute. 

These are assignments undertaken within the role of the litigation accounting specialist role, either as an expert witness or an advocate, the arbitrator role or the mediator role.

The litigation consultant may be an advocate. Specifically excluded are transactions or deal-based work that do not require the extensive use of investigative skills, as well as other work carried out in a non-adversarial context.