
Compulsory Purchase
Quantification of business losses
Vero Consulting provides expert and authoritative analysis and opinions on the financial, accounting and tax implications of disputes and investigations.
We are often asked:
“At what point in the divorce process should we engage the services of a forensic accountant?”
The simplest answer is, “right from the very start”.
Although it may take a while for both parties to gather the financial data to be reviewed, it is always beneficial to engage us at the start so that we can commence the procedural process i.e. proposal, letter of instruction, and terms of engagement.
This early engagement will ensure we are ready to act as soon as you have the financial data available, allowing us ample time to conduct an in-depth investigation producing a thoroughly researched report.
The other factor to consider:
Will you need us to testify in court?
Vero Consultants founder, Charles Lazarevic, has appeared in court and arbitrations as an expert witness in many cases and is a member of Resolution. He leads a team that can provide convincing expert testimony to the standards required by family courts.
To find out more about the forensic accounting services we offer, click here and we would be happy to have a commitment-free discussion about your issue.
Parties can go to extraordinary lengths to hide assets and their true financial standing during a divorce.
When you are presented with hundreds or even thousands of pages of financial data from an opposing party, you may need someone who can spot inconsistencies on balance sheets and follow the financial trail to uncover hidden assets.
As experienced forensic accountants, Vero Consulting can help you uncover:
In the highly charged emotional process of a divorce, there can be huge settlements at stake, which cloud the negotiations.
Engaging a forensic accountant provides clarity over the financial aspect of the divorce and can expedite the negotiation process, alleviating the pressure on your legal resources.
Vero Consultants can undertake forensic accounting services in either a party-appointed or single joint expert (SJE) capacity. We have particular expertise in dealing with ultra-high net-worth international families and our consultants can work in a range of European languages.
To learn more about the forensic accounting services we offer, click here and we would be happy to have a commitment-free discussion about your issue.
We’ve seen it play out many times before… when it comes time to evaluate a business and determine the division of assets, somehow, a once thriving business suddenly appears to be barely profitable.
If something doesn’t add up, that’s where our years of experience can provide clarity.
As forensic accountants, we can determine:
We do this by analysis of:
Financial documents (full accounts for several years are preferred).
Not all occasions where a business suddenly underperforms will lead to proof that the situation has been fabricated, with the intent of financial gain.
However, if this is suspected by one of the parties, a forensic accounting investigation can help put this suspicion to rest and provide peace of mind moving forward in negotiations.
To find out more about the forensic accounting services we offer, click here and we would be happy to have a commitment-free discussion about your issue.
If you are weighing up the benefits of engaging a forensic accountant, consider if these factors are at play.
While some divorce settlements have clear assets eligible for division, it is the cases where there has been cunning bookwork done by one (or both) of the parties, those negotiations can stall.
As experienced forensic accountants, we can provide the transparency required to move the divorce proceedings forward and ensure a fairer settlement for all.
Vero Consulting can assist with:
With background knowledge in many business sectors, including property, trading, and investment banking in the UK and overseas, our Vero consultants are also equipped to testify in court if required.
To find out more about the forensic accounting services we offer, please visit our website.