Asset and Income Tracing Services
Asset tracing is a complex accounting service and can be helpful for a variety of reasons. Shilts CPA offers high-quality financial forensic investigations to help you understand your assets, including how they were handled and where they might have been moved. These services can benefit businesses and individuals, and we aim to provide services based on your needs.
A forensic accountant can trace assets by analyzing, interpreting, and summarizing financial information to clarify the use of funds or other types of assets. In addition to investigating and analyzing, a forensic CPA can also help present the applicable information in the form of reports, collection of documents, and exhibits. The CPA can also assist in legal proceedings, such as an expert witness to testify in court.
A forensic accountant can be helpful in a wide range of circumstances, especially when fraud or financial business disputes are suspected. The accountant can detect potential wrongdoings and recover the funds by tracing the company's assets.
Our experienced forensic team will study financial records such as purchase orders, ledger accounts, bank statements, cash receipts, electronic payment data, and canceled checks. Investigating the transactions enables us to identify variances between invoices and the actual payment and any unusual activity that might signal fraud.