Accounting manipulation, financial irregularities, financial statement fraud and disagreement about financial matters can result in significant financial loss. The Cole & Partners team of forensic accounting professionals has extensive investigative accounting experience assisting management, Boards of Directors and outside counsel with crisis management and damage control. We can quickly quantify the matter, keeping the issues in perspective and restoring confidence to the whole business.
- Financial due diligence on various private equity and other prospective purchasers on behalf of vendors and incumbent partners.
- Developed reporting systems for various hospitals and other government or related agencies.
- Investigation of alleged financial statement fraud committed by directors of publicly traded and private companies.
- Retained by a Canadian Chartered Bank to investigate alleged accounting fraud committed by management of an international private company in the construction industry.
- Investigation of misappropriated funds by an employee of one of Bermuda’s largest banks.
- Investigation of an alleged fraud by an employee of a national car rental agency. Assisted management with developing a stronger internal control system to prevent future employee fraud.
- Investigation of accounting cost allocations for the Canadian Import Tribunal related to charges of Importers dumping dishwashers, refrigerators and dryers into Canada, under the Special Import Measures Act.
ACQUISITION RELATED DISPUTES
- Arbitration involving purchase-price claims as a result of alleged financial statement fraud committed by the seller, a large multi-national manufacturing company.
- Forensic accounting expert in respect of a dispute between a buyer and a seller in the property and casualty insurance industry.
- Litigation involving a purchase-price dispute between two large multi-national public companies in the media industry.
- Arbitrator of a financial dispute in the printing industry.
PROFESSIONAL NEGLIGENCE CLAIMS
- Investigation of the professional negligence of a global accounting firm with respect to the issuance of an offering document and pro-forma financial statements.
- Investigation of the professional negligence of a mid-sized accounting firm related to the audit of financial statements used for a purchase and sale agreement in the steel products manufacturing industry.
- Investigation of the alleged professional negligence of a large multi-national accounting firm as a result of financial statement audits performed for a private company that operated in the property and casualty insurance industry.
- Investigation of alleged negligence of a Certified Fraud Examiner in conducting an investigation of a lawyer on behalf of the Law Society of Upper Canada.
