As Forensic Accountants, we utilise accounting, auditing and investigative skills when conducting an investigation. Equally critical is our ability to respond immediately and to communicate financial information clearly and concisely in a courtroom setting.
This is a process and a set of procedures used to estimate the economic value of an owners interest in a business. Once this is done we can assist in preparing financing models which assist those involved in ensuring a buy out or sell out is financially possible.
This is where a comprehensive appraisal of a business is undertaken by a prospective buyer to establish its assets and liabilities and evaluate its commercial potential. Our expertise is in detecting how the new venture will create added value for the purchaser over and above the purchase consideration.
Business Recovery is the creation and execution of a business continuity plan which is executed in the immediate aftermath of a significant negative event affecting the business. We analyse the effects of the event, evaluate the options open and if necessary oversee the execution of the plan.
Financial Crisis Management
The term financial crisis is applied broadly to a variety of situations in which some assets suddenly lose a large part of their nominal value creating an immediate significant difficulty for the business. In the case of a business this might involve the crystallisation of a significant bad debt which affects cash flow or the devaluation of a fixed asset which impinges on banking covenants. Our experienced team can assist an otherwise viable business to survive this event.
Retirement Planning, in the financial context, refers to the allocation of savings or revenue for retirement. The goal of this is to achieve financial independence so that one can enjoy the standard of living one aspires to without having to invest further energies in creating the income required to sustain it. Our team can individually evaluate “how much is enough?” for each client based on their specific circumstances.