Definition of Forensic Accounting

The integration of accounting, auditing and investigative skills yields the specialty known as Forensic Accounting.  Bond Beebe’s Forensic Accounting Practice encompasses a team of certified public accountants and certified fraud examiners who uncover information in the books, records, financial statements and electronic financial records of organizations to help prevent and investigate white collar crimes.   

Components of Forensic Accounting

Forensic Accounting encompasses both litigation support and investigative accounting.  When it comes to fraud, Bond Beebe’s Forensic Accounting Practice incorporates prevention best practices.  Bond Beebe partners with for-profit companies, not-for-profit organizations, membership organizations; and employee benefit plans to help them assess their potential risk of being struck by fraud.   

Forensic Investigation

Investigative Accounting is often associated with investigations of criminal matters.  A typical investigative accounting assignment would be an investigation of employee theft, securities fraud, insurance fraud, kickbacks and proceeds of crime investigations.  When called upon, Bond Beebe’s certified public accountants (CPAs) and certified fraud examiners (CFEs) are quickly on the scene to uncover the truth through examining financial and source documents for fraud.   

Litigation Support

Litigation Support entails providing assistance of an accounting nature in a matter involving existing or pending litigation.  It deals primarily with issues related to the quantification of economic damages.  Bond Beebe’s professionals of CPAs and CFEs have extensive experience in deposition and in court, serving as expert witnesses and forensic consultants in national legal matters including Washington, D.C., Maryland and Virginia.