Forensic Accounting and Litigation Support Services

Martin R. Hoffman, CPA LLC works closely with attorneys who engage our litigation support and forensic accounting services in a wide range of situations. Typical engagements include commercial litigation, business valuations, business and marital dissolutions, personal bankruptcies, corporate fraud, employee dishonesty, insurance fraud and investigation of other suspicious or questionable transactions.

We combine our intuitive ability and "street smarts" with our knowledge of business financial systems to complete our investigations competently and efficiently.

Forensic Accounting Services

• Quantification or fraud losses
• Investigation of theft of company assets and resources
• Examination of bribery and corruption matters
• Analysis of transaction flows
• Records examination and reconstruction
• Investigation of financial reporting irregularities
• Insurance claims analysis
• Search for unreported income and assets
• Investigation of purchasing fraud and kickback schemes
• Examination of bribery and other corruption matters
• Analysis of accountants' work papers and programs

Litigation Support and Damage Analysis Services

Through our litigation support and damage analysis services, we assist attorneys and their clients quantify economic losses in damage suits as well as identifying assets and income streams in matrimonial matters. Our experience spans a wide variety of industries, and we have served as experts in both civil and criminal matters. Services include:

Damage measurement

• Determination of lost profits and damages
• Determination of contractual damages
• Personal injury/ loss of income determinations
• Business interruption damages
• Fraud and embezzlement losses
• Insurance claims analysis and quantification
• Determination of losses due to professional liability

Divorce support

• Funds flow tracing
• Unreported income determination
• Business valuations
• Marital lifestyle analysis
• Structuring of settlements
• Tax planning and strategizing
• Assistance in discovery
• Tracing and documenting exempt assets
• Mediation services

Stockholder Suits and Partnership Dissolutions

• Determination of true income
• Valuation of goodwill
• Assisting in matters involving shareholder or partner oppression

White-Collar Crime, Fraud and Embezzlement

• Employee and executive embezzlement investigation and quantification
• Examination of fraud in corporate agreements
• Examination of supplier and customer fraud
• Investigation of financial statement fraud

Bankruptcy, Creditor Committees and Workouts

• Uncovering preferential and fraudulent transfers
• Evaluating the financial viability of the debtor-in-possession

Insurance Claims

• Support for inventory and property losses
• Assistance in construction claims
• Determination of Lost Income
• Claims preparation

Estate and Trust Matters

• Determination of estate assets and liabilities
• Estate and gift tax valuations
• Estate and trust accountings

Construction claims

• Computation of delay claims
• Analysis of costs and budget variances
• Assist surety companies in monitoring and verifying construction contract completion costs

Trial services

• Expert testimony and written reports
• Analysis and critique of opposing expert report
• Assistance with discovery issues
• Financial exhibits and other visual aids
• Settlement and mediation conferences

Fraud Prevention Programs

Our fraud prevention services are designed to assist companies prevent internal fraud and assist with compliance with Section 404 of the Sarbanes Oxley Act of 2002. The services include:

• Assessment of internal controls to determine whether there is adequate control over the accounting and financial reporting function and to identify a company's susceptibility to internal fraud.
• Assistance with the remediation of internal control weaknesses.

Call us today at 973-699-3872and ask for Marty Hoffman or request a free initial consultation to discuss your forensic accounting needs with an experienced West Orange CPA.