Forensic Accounting

Contract Compliance Services

Establishing / Reviewing a Whistleblowing Hotline

Fraud and Corruption Prevention Services

Superannuation Fraud and Theft Prevention and Investigation

Identity Theft Prevention

Asset Tracing and Funds Tracing

Forensic Reviews

Data Mining

Supplier and Customer Vetting

Fraud and Misconduct Investigation

Royalty and Licensing Audits

Code of Conduct Services

Forensic Accounting

Conflict of Interest Services

contact us

Warfield & Associates
Level 57 MLC Centre
19-29 Martin Place
Sydney NSW 2000
Tel : (612) 9231 7588
Fax: (612) 9231 7575

‘Forensic accounting is the specialty practice area of accounting that describes engagements that result from actual or anticipated disputes or litigation.  "Forensic" means "suitable for use in a court of law", and it is to that standard and potential outcome that forensic accountants generally have to work.

Forensic accounting uses investigative techniques, accounting skills and business skills to aid in the collection and collation of information to be used as evidence in court cases. In practical terms it encompasses financial expertise, a strong understanding of business reality and the workings of the legal system.

For example our work may include:

• Reviewing the factual situation.
• Providing assistance in order to obtain documentation and information necessary to support or refute a claim.
• Reviewing the relevant documentation and information to form an initial assessment of the case and identify an area/s of loss.
• Providing assistance with examination for discovery, including the formulation of questions to be asked regarding the financial evidence.
• Co-ordination with other experts in the matter.
• Reviewing the opposing expert’s report and reporting on both the strengths and weaknesses of the positions taken.
• Providing attendance at trial while hearing the testimony of the opposing expert and also providing assistance with the cross-examination.

Warfield & Associates specialises in investigations and is are often involved in recovering proceeds of crime and in relation to confiscation proceedings concerning actual or assumed proceeds of crime. An investigation is a search for the truth.  We assist clients determine whether criminal matters such as employee theft, identity theft, and insurance fraud have occurred.  We also assist with quantifying losses from fraud, theft, breaches of royalty and licensing agreements.

Our work also includes recommending actions that can be taken to minimise future risk of loss.

As forensic accountants, we utilise an understanding of business information and financial reporting systems, accounting procedures, evidence gathering and investigative techniques in order to perform our clients’ work.

We are being engaged in more proactive risk reduction roles by designing and performing procedures as part of forensic reviews and risk assessments and regularly act as advisers to audit committees, risk committees and governance committees.

Warfield & Associates can assist your organisation and its legal advisers with our forensic accounting expertise.