AML and Financial Crimes

Forensic Accounting

The American Institute of Certified Public Accountants defines forensic accounting services as the application of specialized knowledge and investigative skills possessed by CPAs to collect, analyze, and evaluate evidential matter and to interpret and communicate findings in the courtroom, boardroom, or other legal or administrative venue. Bates’ forensic accounting experts decipher, interpret, and explain financial and accounting information pertaining to public or privately-held companies and nonprofit organizations or public agencies. The skills and experience of our forensic accounting experts are reflected in their credentials which include the following designations: Certified Public Accountant, Certified in Financial Forensics, Certified Fraud Examiner, Certified Valuation Analyst and Chartered Global Management Accountant.

Bates’ forensic accounting experts serve our clients in the following capacities:

  • As damages experts who calculate economic damages such as those relating to wage and hour disputes, partnership disputes, breach of contract, lost profits, and lost earnings.
  • As accounting experts who analyze complex accounting matters, evaluate allegations of accounting malpractice, determine whether an entity’s financial statements were prepared in conformity with accounting rules, evaluate the financial condition of an entity, or interpret and communicate the significance of accounting and other financial information.
  • As forensic accountants in a non-litigation setting who investigate allegations of fraud and assist in filing a proof of loss, or reconstruct and decipher business transactions based on available evidence.

Bates’ forensic accounting experts assist attorneys and their clients along with senior management of organizations with:

  • Testifying in deposition and at trial as the financial, accounting, or damages expert
  • Calculating or critiquing economic damages
  • Writing expert reports
  • Resolving financial or accounting disputes
  • Investigating suspected asset misappropriation or financial statement fraud

Bates’ forensic accounting experts assist clients in the following areas:

Economic damages
  • Breach of contract
  • Breach of fiduciary duty
  • Business interruption
  • Insurance bad faith claims
  • Complex accounting analyses
  • Partnership, joint venture, or shareholder disputes
  • Lost earnings from personal injury and wrongful termination claims
  • Lost profits
  • Wage-and-hour litigation, including pre-litigation analysis:
    • Unpaid overtime
    • Failure to provide meal and rest periods
    • Misclassification
    • Minimum wage
    • PAGA claims
    • Related penalties
Accounting malpractice
  • Audits and reviews of financial statements
  • Overlooked tax deductions
Securities litigation
  • GAAP, GAAS, and PCAOB violations involving a publicly-held company 
Opining on a party’s ability to pay punitive damages
Business valuation
Non-litigation investigations and data analyses
  • Investigation of alleged fraud (asset misappropriation or financial statement fraud)
  • Royalty audits
  • Data mining, extractions, and analysis of large data sets 


A. Christine Davis, CPA, CFF, CVA, CGMA

Managing Director, Forensic Accounting and Financial Crimes

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