A good forensic accountant should be able to enter into a complicated situation and draw from their training, expertise, and vast experience and knowledge to offer vital advice, act as an expert witness during potentially complex and drawn out litigation, and more.
If you’re looking to resolve a shareholder dispute, the best chance you have of a clean break is to contact a forensic accountant as soon as possible. The earlier a forensic accountant is brought on board the better the chance that you can avoid litigation. This can save you unnecessary stress, wasted time, and significant sums of money in the long run.
When it comes to resolving partnership and shareholder disputes, no two cases are ever truly the same — every dispute is unique in one way or another and therefore requires a distinct method of resolution.
The role of a forensic accountant will often involve the collection and analysis of relevant and crucial information. However, when helping to resolve a shareholder dispute, a forensic accountant can offer a variety of different services, including but not limited to quantifying the validity and data behind any breach of contract damage claims, share valuation, assessing the veracity of the evidence supporting the valuation, acting as an expert witness, and challenging any reports from an opposite expert witness
Partnership and shareholder disputes can be highly complicated cases — both parties can feel like they are walking on eggshells, conscious that doing the wrong thing could cause huge issues. Resolving disputes often requires a combination of savvy, commercial expertise, and a strong approach. A forensic accountant, working in tandem with your legal team will offer you all of this and more in the pursuit of the best outcome possible.