Forensic Services and Litigation Support
Contractual disputes tend to be fact intensive matters requiring the study of the conduct of the parties over some period of time. Often, these cases require significant financial and accounting analysis to help determine the level of compliance under the contract. Some of the types of contractual disputes include breach of contract, professional negligence cases, and the supply of defective goods or services. The common thread between all such matters is the need for a forensic accountant to compare what actually happened after the incident to what otherwise might reasonably have occurred.
Contractual disputes are often complex and difficult and each claim can be different. We undertake these assignments within the role of the litigation accounting specialist role, either as an expert witness or an advocate. We pride ourselves on our ability to calculate and document the losses under the most complex circumstances. Generally, this type of work requires the performance of financial analysis in the context of a legal or potentially legal dispute. Typical measures of damages can include both lost profits and incremental costs incurred.
We can help to bring a clear understanding of the commercial, legal and financial issues at stake and assist in obtaining documentation to form an initial assessment of the case and identify areas of loss. We can review the relevant documentation to assess the case and identify loss. Because the majority of companies are owner managed, our principal's extensive experience in providing accounting, consulting and taxation services to private companies, makes us well versed in the special ways in which these types of companies operate. This knowledge and experience allows us to analyse how they were operating at all key times before, during and after the affected period.