Insurance Fraud
Insurance cases form a major part of a forensic accountant’s work. These can include personal loss of profit claims from instances of business interruption, quantification of stock from accounting records… Read More »Insurance Fraud
The insurance framework is seen as fair game for many otherwise law abiding persons, who will falsify or exaggerate claims with the justification that recompense is due as a result of the high premiums paid. Unfortunately we all know that this results in higher premiums for us all!
However, insurance companies are equally guilty of withholding payments, and sometimes not even paying out at all, often on a minor contractual technicality.
In such an arena a measure of balance must prevail, and where there is financial uncertainty the expertise of a forensic accountant will often clarify the issues, presenting a credible value to any insurance claim.
Insurance cases form a major part of a forensic accountant’s work. These can include personal loss of profit claims from instances of business interruption, quantification of stock from accounting records… Read More »Insurance Fraud