Marcum Advisory's team of experienced forensic professionals specialize in providing forensic accounting services, conducting fraud investigations, and assisting counsel in litigating civil and criminal cases. Many of our professionals hold designations as Certified Fraud Examiners and former Enrolled Agents from the Internal Revenue Service's Computer Forensic experts, and certified public accountants.
Our typical engagements involve allegations from:
Regulatory and law enforcement agencies (FDIC, SEC, USA, IRS, Inspector General, US Trustees, Receivers)
Actual or threatened litigation
Internal Investigators as by Examination Committees, General Counsel or External Counsel
Independent or internal counsel of a company is frequently our clients; although we have worked for regulatory agencies as well. We work closely with counsel and other relevant parties in interest and are aware of the impact these types of claims have on the company, its officers, or directors while regulatory investigations and forensic analysis is conducted.
Our scope and work plan is dependent upon the facts and circumstances of the case. Frequently, our cases involve interviews and reviews of financial and business documents. In this we critically analyze complex financial transactions to evaluate the propriety of accounting treatment, identify parties, affiliates, and ownership interests of principals involved in the circumstances at issue. We perform asset tracing and background investigations as required. Many cases involve computer forensics and electronic data preservation. We also perform e-discovery by using our data analysis capabilities to identify fraud schemes. In other cases, we have few business and accounting records and must trace and reconstruct individual financial transactions. An integral part of this process is frequent communication to key stakeholders and the preparation of a written report, as required. When required, we will testify as an expert in relevant Court proceedings.
Our engagements have involved investigations of:
Conversion of Cash and Other Assets (Misappropriation of Funds)
Related Party or Key Officer Self Dealing
Lapping and Kiting
Money Laundering Schemes
Financial Accounting Record Misrepresentations
Theft of Intellectual Property
Investment Portfolio Churning
Improperly prepared Federal and State Tax Returns
Breakdown or Gaps in a Company's Internal Controls
As a result of the industry knowledge our professionals possess, we are capable of providing comprehensive analyses that look beyond the numbers to explain the realities of economic and business matters.