Attorneys frequently need experienced professionals to perform forensic (investigative) accounting analysis, estimate economic damages, lost profits and lost income, and/or conduct business valuation services and to present the resultant opinions to a trier of fact. The trier may be a court, in which the judge makes the ultimate decision, or a jury. The decision making body may also be an arbitrator. The attorney will only utilize a professional that he or she has the utmost confidence in, will get the job done, and who is able to succinctly present to the trier. This assistance to the attorney is referred to as litigation support. The professional is accepted by the trier as an “expert witness.” The expert witness must be able to identify relevant documents, make inquiries, prepare complex analyses, and be able to present conclusions to a judge and/or jury, or arbitrator, that are completely understandable and credible. The courts look hard at a prospective expert witness. That person must be able to withstand tough scrutiny regarding expertise and experience before the court will accept him/her as an expert witness. Not everyone is able qualify as an expert. Meridian Advantage professionals can, and frequently do, testify as experts.
Litigation support and expert witness testimony is frequently called for in economic damages cases and lost earnings analyses, divorces, business disputes, and white collar crime forensic accounting. Additionally, we assist trial attorneys with cross examination of opposing experts, suggest interview questions for depositions, analyze responses from other experts and opposing witnesses, present damage models, and assist with case analyses and strategies.
Our experience covers many years performing this type of work. This is our specialty and what we spend our time doing. We do not prepare tax returns, financial statements, or other routine end-products done by accounting-trained personnel and traditional accounting, CPA firms. Our credentials include former FBI agent, CPAs, Certified Fraud Examiner (CFE), Certified in Financial Forensics (CFF), Certified Business Appraiser (CBA), Certified Valuation Analyst (CVA), and Accredited in Business Valuation (ABV).
Our litigation support and forensic accounting services assist clients and attorneys to locate, identify and analyze the financial facts within a litigation, or potential litigation, situation. At MA, we perform investigative work related to financial records to document accounting irregularities, improper accounting methods, and fraud; to unravel white-collar crime; to identify the sources and uses of funds and assets, and then to present a comprehensive analysis to the client in understandable terms.
MA's litigation support and economic loss analyses are fact driven and focus on the economic data available. Our final product summarizes findings, methodology, sources and analyses to enable easy review, understanding and defense by our clients.
Our litigation professionals have experience and credentials second to none. Backgrounds of these professionals include advanced degrees, FBI investigative experience, CPAs and CFAs with experience in forensic accounting. Our professionals have experience testifying at trials and depositions and have qualified and performed as expert witnesses in State and Federal courts.