Science - Forensics (Financial investigations and Audit) experts

Introduction

Experts in this field are forensic specialists who have focused their studies on the investigation of financial crime. Forensics relates to the scientific processes used to investigate crime. It will usually entail the investigation of financial records to determine if any wrongdoing has occurred.

Forensic specialists are incredibly important to the investigative process of both law enforcement and private firms. Financial crime is often extremely complicated and involves many different groups and financial structures. The investigations undertaken can often provide crucial evidence in cases. Experts in this field are also useful in the corporate world, being used for preventative work by examining and re-ordering systems to limit their exposure to fraud. The processes by which they delve into financial data are constantly evolving and are highly specialised.

Experts in this area can come from many professional backgrounds. Many will have worked specifically as financial forensics experts. Generally admission into this field will require certification as a Certified Practicing Accountant (CPA). Some will be IT security experts, or have had experience in fraud prevention at banks or similar financial institutions. They may also have worked in law enforcement specific to white-collar crime. The specific specialisation and background needed in your financial forensics expert will be determined by the matter for which they are required.

At the bottom of this profile are brief details of a number of the experts that Expert Experts represents. Call our office to discuss your requirements and to obtain a recommendation that suits your needs and budget.

Expertise in Action

Experts in digital forensics can be called upon to assist in cases involving child protection matters, cases involving the compromising of an online security system, insurance matters,financial fraud and many more. 

Sample Reports

For some fields of expertise we have some sample sections of de-identified reports. Please contact our office if you are interested in a sample.

Cost

The overall cost of expert opinion depends on the services required. Some of the key factors that affect the cost of advice include:

• The need for a view or inspection of a location
• The quantity of documentary material to be reviewed
• Whether there are reports of other experts to be reviewed and commented on in detail
• Whether there is a need for conferences with the expert either in person or by telephone/Skype

Relevant Articles Financial Forensics

A helpful overview of financial forensics.

General Principles for Financial Forensics

A view into the general principles of financial forensics.

5 Keys to a Successful Financial Fraud Investigation

An overview of what makes a financial investigation sound.

Relevant Cases The Queen v Albert Ooi [2017] VSC 157 (6 April 2017)

A fraud case in which financial forensics were extremely important to the prosecution.

R v Wallace [2008] QCA 135 (26 May 2008)

A case involving illegal income gained through drug trafficking which was uncovered in part due to financial forensic work.

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