BUS 082 Lecture Notes - Lecture 13: Product Liability, Public Liability, Succession Planning
Document Summary
When they arise, forensic analysis is used to provide independent expert advice in financial, auditing and accounting matters by analysing complex financial data to accurately quantify damages and provide expert opinions. Quantification of economic loss of an action. Identification of financial and accounting issues relating to loss or damage. Reconstruction of financial statements to ensure clarity of accounting issues in the dispute. Clearly communicating findings through expert accounting reports. Forensic analyses help lawyers to advise their clients on the financial aspects of. Asset tracing and financial investigations involving convoluted company and trust structures. Critiques of reports prepared by other experts. Forensic analysis of all forms of electronic storage media in the course of legal discovery. Investigations and advice on complex financial matters. Taxation advice in relation to the financial aspects of a valuation or of proposed settlement terms. Valuation of businesses and other financial interests. Independent and objective quantification of loss or damage from an insurance perspective.