Accounting Valuation & Financial Forensics

Accounting Valuation

We help clients navigate disputes requiring the valuation of a company’s assets, liabilities and equity dealing with a variety of core methodologies and valuation principles. We work with our clients to navigate any dispute having in mind the governing agreement(s) at issue, historically applied accounting practice, general accounting guidelines (FASB, GAAP, IFRS), future forecasts/estimates, and the norms of their specific industry.

Examples of Accounting Valuation Disputes include:

• Shareholder or partnership valuation disputes (including those related to business valuation, options valuations, buyouts and oppression claims)
• Post-closing and purchase price adjustments disputes (for example, related to historical cost, fair market value (FMV), net realizable value (NRV), discounted cash flows (DCF), contra accounts, revenue recognition and WACC adjustments)
• Valuing data and digital assets and related licensing or other arrangements
• Compensation related to breaches of fiduciary and other employment/contractor-related duties, including breach of restrictive covenants
• Valuation disputes related to employee stock options and long-term incentive plans (LTIPS) (including Stock Options, Stock Appreciation Rights (SARs), Employee Stock Purchase Plans, Growth Shares, Performance Awards, and other incentive programs with benefits derivative of an underlying asset or security)

Loss Quantification

We work with forensic accountants and financial experts to carry out inter-disciplinary damages assessments including demonstrating a client’s prospective financial position but-for the wrongful conduct in a case.

Examples of Loss Quantification disputes include:

• Business interruption disputes involve determining the financial impact of an operational shutdown, including analyzing revenue loss, extra expenses, and the causal link between the interruption and the claimed damages.
• Insurance coverage disputes centered on evaluating whether a loss is covered under the policy terms and quantifying the value of that loss, often requiring detailed interpretation of policy language and forensic financial analysis.

Professional Negligence

We represent clients in disputes arising from professional negligence by accountants, auditors, business valuators, financial advisors, and other financial professionals. These matters often involve allegations of improper financial reporting, audit failures, deficient internal controls, inaccurate valuations, conflicts of interest, breaches of professional standards, or failures to detect or report fraud and financial misconduct.

Examples of Professional Negligence Disputes include:

• Auditor negligence claims arising from failed audits, inadequate testing procedures, or failures to identify material misstatements or fraud.
• Accounting negligence and negligent misrepresentation claims relating to inaccurate financial statements, reporting errors, or departures from professional standards.
• Business valuation disputes involving allegedly flawed valuation methodologies, inaccurate assumptions, or negligent expert opinions.
• Claims arising from failures to detect employee fraud, embezzlement, asset diversion, or financial statement manipulation.
• Professional negligence claims related to tax planning, corporate restructurings, and transaction advisory services.
• Advising creditors, shareholders, corporations, receivers, trustees, and insolvency professionals regarding losses arising from deficient financial reporting.

Financial Forensics & Investigations

We specialize in investigations that merge accounting, auditing and digital analytics to uncover financial misconduct, trace hidden assets, quantify economic damages and review internal controls.

Examples of Financial Forensic Disputes & Investigations include:

• Asset tracing & recovery including leading expertise in digital asset recovery related to blockchain and cryptocurrencies
• Regulatory compliance related to anti-money laundering protocols and forensic data analytics
• Fraud and embezzlement investigations including the identification of misappropriated funds and financial statement misrepresentation
• Forensic investigations and intelligence gathering from on-chain and off-chain sources (including communications, transactions and accounts used in financial crime) through cutting-edge programs and collaboration with industry leading partners