The financial damage becomes catastrophic when certified public accountants (CPAs) together with their accounting firms fail to meet professional standards. Victims of accounting malpractice must present their evidence together with expert testimony to demonstrate their case in court because negligence, misrepresentation and fraud detection failures exist in their situation.
Our forensic accounting firm Engel & Engel leads California while providing services throughout the United States. Our team provides forensic accounting services for malpractice investigations alongside expert witness capabilities to legal professionals and businesses and individuals who need help in financial disputes.
What Is Accounting Malpractice?
The practice of accounting malpractice occurs when certified public accountants or accounting professionals fail to meet their professional standards and inflict financial losses on clients or third parties. This may involve:
- Failure to follow GAAP (Generally Accepted Accounting Principles)
- Inaccurate financial reporting or audit opinions
- Failure to detect or report fraud
- Misapplication of tax laws
- Breach of fiduciary duty
- Conflicts of interest
A qualified forensic accountant serves as an essential professional who identifies errors and quantifies resulting damages in cases that involve audit malpractice tax errors or financial statement preparation negligence.
How Engel & Engel Can Help
Forensic accountants at our company have extensive experience in examining accounting records to detect professional negligence as well as providing clear explanations about technical matters to judges and legal personnel. Our company delivers complete reports and strong expert testimony in both plaintiff and defense cases.
The accounting malpractice services we offer to clients consist of:
- Reviewing CPA workpapers and reports
- Identifying deviations from professional standards
- Calculating lost profits or financial damages
- Providing deposition and courtroom testimony
- Supporting attorneys through all phases of litigation
Our services span multiple sectors that include real estate healthcare and finance technology and professional services. The team at our company possesses knowledge about distinct legal and accounting matters found in malpractice claims so we develop each analysis according to case-specific facts.
Trusted Experts in High-Stakes Financial Disputes
Our California-based forensic accounting firm Engel & Engel maintains a top position among forensic accounting firms in California while delivering national services. Our powerful ally status in complex litigation stems from our combination of technical excellence and courtroom experience.
Reach out to Engel & Engel immediately if you need assistance with CPA negligence or audit malpractice or financial misstatement cases. Our forensic accounting experts are prepared to construct an influential case that will obtain financial accountability for your clients.