Forensic Accounting
The specialist Forensic Accounting Team at Monahans offers a dedicated forensic accounting service based on extensive and in-depth experience, addressing matters of quantum, accountancy, financial investigation and business disputes in general.
We can assist with the dispute process by:
- Acting as Party Appointed or Single Joint Expert
- Acting as Expert Adviser
- Acting as Expert Determiner
We can undertake any aspect of work within these areas including more specialised activities such as undertaking preliminary investigations, drafting 28 day questions (under Part 35.6), advising on payments into Court and Part 36 offers, assisting with the preparation of cases for mediation or ADR and assisting with, or leading, negotiations to settle disputes.
Expert Witness
An expert witness has an overriding duty to provide clear and unbiased advice to the Court on those matters they are instructed to address. We appreciate the necessity for all parties to address the issue of proportionality and at all times we take into account the requirements placed upon parties by the Civil Procedure Rules - in particular the regime of case management.
We ensure our forensic accounting service is CPR compliant and operate in accordance with the Code of Practice for Expert Witnesses of both the Law Society and The Academy of Experts.
Expert Adviser
We are able to offer advice which will enable the client to judge, in advance, the possible results on quantum and the strengths of particular arguments. If necessary we can act as a 'Shadow Expert' assisting with a technical evaluation of an Expert Opinion, providing a list of questions to be asked of a Single Joint Expert and advising on points to be put in cross-examination of an expert witness.
Expert Determiner
We can also act as Expert Determiner, which can be particularly well suited to matters involving business valuations, warranty claims, alleged professional negligence or fee disputes. A determination appointment can be tailored to the precise needs of the parties and can be a particularly swift and cost effective alternative to litigation.
Click here to see examples of forensic accounting cases we have recently undertaken.
Meet Richard Formby, our Forensic Specialist
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"I am always happy to recommend Monahans and specifically Richard Formby to clients, Barristers and colleagues, wherever there is a matter where his expertise can be utilised"
Maurice Quieros - BBW Solicitors