Forensic and Investigative Accounting PRIMARY CONTACTS: Joel M. Rosenthal CPA, CVA, CM&AA Thomas Pratt CPA, ABV, CFF, CVA Forensic accounting is a specialty practice area that applies accounting concepts along with data analysis and auditing techniques, in the investigation of financial transactions, processes and reporting. Forensic accounting engagements often involve actual or anticipated disputes and the investigation of accounting and financial issues. Investigations include suspicions or allegations of fraud, asset misappropriation, waste, mismanagement or misuse of funds, or white-collar crime. Our clients are companies, boards of directors, creditors, investors and other parties that are potentially impacted by the transactions or issues involved. Schneider Downs' forensic accounting professionals include Certified Fraud Examiners (CFEs) and those who are Certified in Financial Forensics (CFFs) - individuals who are experienced at analyzing, interpreting and presenting complex financial issues in a clear and usable format. Forums have included courts, arbitration panels, investigative agencies, law enforcement, and regulatory bodies. Examples of the forensic accounting investigations in which we have participated include: Fraud and asset misappropriation schemes involving bookkeepers, controllers, managers and executives Use of construction loan proceeds by developers Allegations of fraud, waste and fair dealings in the operation of a business Analysis of Ponzi schemes Public corruption and misuse of funds Misuse of funds by a fiduciary Reconstruction of sources and uses of restricted funds and grants Examination of related-party transactions as a part of bankruptcy Internal investigations or disputes Analysis of investor fund usage Investigations of the financial condition of businesses on behalf of lenders and investors By understanding our clients' objectives and circumstances, our specialists are able to quantify the impact and potential losses incurred, and design and implement internal accounting and management controls for loss prevention and risk management. Forensic and Investigative Accounting Resources Forensic Accounting Service Overview Foresnic Accounting Case Studies Types of Fraud Investigated and Examples of Forensic Accounting Matters Conducted Forensic Accounting Services Investigation Process About Schneider Downs Business Consulting The Schneider Downs Business Consulting group is experienced in handling business interruption matters with forensic accounting professionals and litigation support specialists. Additionally, our Business Consulting group managed our research and consulting work on the Paycheck Protection Program (PPP), so the team is uniquely qualified to prepare potential claims related to losses from COVID-19. Learn more about our Business Consulting services at www.schneiderdowns.com/fas-business-consulting or contact us for more information. CASE STUDIES BIG PROBLEM: LET’S DISCUSS PREVENTING RANSOMWARE ATTACKS ON YOUR COMPANY. EMAIL ME DIRECTLY HERE. BIG THINKING: COMPANY IMPACTED BY RANSOMWARE. READ MORE BIG PROBLEM: LET’S DISCUSS OPPORTUNITIES TO REDUCE YOUR COMPANY’S TAX BURDEN. EMAIL ME DIRECTLY HERE. BIG THINKING: INEFFICIENT TAX CREDIT REALIZATION. READ MORE SEE MORE CASE STUDIES MOST RECENT 2021 Retirement Plan Limitations 401(K) PLANS, PRIVATE CLIENT SERVICES, WEALTH MANAGEMENT BY DONNA WOLFSON | 11.3.2020 Review the recently released cost-of-living adjustments (COLA) as released by the Internal Revenue Service, taking effect January 1, 2021. ... READ MORE MOST POPULAR The IRS Hunt for S Corporation Compensation Underreporting BUSINESS ADVISORS BY JENNIFER DOERING | 11.8.2021 Learn more about the IRS hunt for S Corporation underreporting and hear recommendations from the TIGTA. ... READ MORE Have a question? Ask us! Have a question? Ask us! WE'D LOVE TO HEAR FROM YOU. DROP US A NOTE, AND WE'LL RESPOND TO YOU AS QUICKLY AS POSSIBLE. CONTACT US PITTSBURGH One PPG Place, Suite 1700 Pittsburgh, PA 15222 contactsd@schneiderdowns.com p: 412.261.3644 f: 412.261.4876 COLUMBUS 65 East State Street, Suite 2000 Columbus, OH 43215 contactsd@schneiderdowns.com p: 614.621.4060 f: 614.621.4062 WASHINGTON, D.C. 1660 International Drive McLean, VA 22102 contactsd@schneiderdowns.com p: 571.380.9003 FOLLOW US CLIENT PORTAL SUBSCRIBE FOR UPDATES SUBMIT 4.9 257 client ratings PRIVACY POLICY|LEGAL INFORMATION|SITE MAP Schneider Downs Consulting offers a broad spectrum of services and solutions tailored to meet the changing needs of businesses operating in today’s dynamic environment. Our practices include specialists in all facets of business consulting: transaction advisory, financial advisory, cybersecurity and IT compliance, forensic and investigative accounting, and risk management. Our integrated services are housed in a single practice, all served from within one of the nation’s most respected accounting and consulting firms. By integrating all consulting disciplines within a single integrated practice, Schneider Downs Consulting provides a single resource to help make our clients better. © 2021 Schneider Downs & Co., Inc. Maryland license number 35239