FINFORENSIC, INC.
A Financial Investigation Company
              

What is "Financial Forensic(s)"?

Forensic - Legal Definition

Relating to the gathering, preparation, or presentation of evidence in court. The adjective "forensic' comes from the Latin word "forensis'"meaning “in open court” or “public.” When you describe something as forensic, it usually means that it pertains to finding evidence to solve a crime.  It could also mean that it has to do with the courts or legal system.

Financial forensics is the specialty practice area of accounting that describes engagements that result from actual or anticipated disputes or litigation. Financial forensics is the application of financial principals and theories to facts or hypotheses at issue in a legal dispute and consists of two primary functions:

  • Litigation advisory services: recognizes the role of the financial forensic professional as an expert or consultant whether in a court of law or administrative hearing or some other legal forum.
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  • Investigative services: makes use of the financial forensic professional’s skills and may or may not lead to testimony in a court room or other legal proceeding.