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Financial Forensics, Fraud & Corporate Investigations

 

Financial Forensics, Fraud & Corporate Investigations

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Minimize Fraud Risk & Loss

Avant® Advisory Group provides financial forensics, fraud, investigative, and dispute resolution services as a core competency service to complement our advisory specialization in the areas of turnarounds and restructuring, merger and acquisition due diligence, and interim CFO and C-suite services.

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We provide the objectivity, credibility, dimension and depth of experience, industry knowledge, and manpower resources to effectively and cost-efficiently perform forensic and fraud investigations and analyses. Regardless of the challenge, we objectively and credibly seek to surface the facts – getting to the heart of the matter quickly. We are here to help – to secure value by helping you know what went wrong, to determine clear priorities, and to confidently face stakeholders with credible solutions.
We’ve helped others just like you to prepare, respond and emerge stronger and handling multiple bad actors and perpetrators of fraud of threats and crises. With an investigative mindset, forensic intelligence and data analytics, we help our clients build resilient strategies that secure value.

“I have worked with Jim Davidson for over 25 years… Jim is always current on the latest laws and regulations, is in touch with industry trends, and is a skilled communicator. It is rare to find and individual with the wealth of knowledge, and the depth of hands-on experience in one package. Having Jim Davidson and Avant® Advisory on your side makes a difference!”

— Michael A. Angel, Esq., Partner, Meserve, Mumper & Hughes LLP

“Forensic accountants inhabit a cloak and dagger corner of the accounting world. Their job: respond at a moment’s notice when a client spots trouble – anything from procurement fraud to a top executive cooking the books to industrial espionage.”

Justin Pope, Associated Press

“You have an external auditor – that’s like a guard dog. Maybe a bulldog,” he said. “An internal auditor is a seeing eye dog. A forensic accountant is a bloodhound.”

Fraud & Investigative Capabilities

Ideally, internal and external fraud will be detected before becoming apparent. But if an incident or allegation arises–and asset misappropriation, whistleblower claim, conflict of interest, suspicious transaction, or any number of potential irregularities– we can help pursue the facts with speed and precision, respond appropriately, and remediate effectively.

Whether in the boardroom or in the courtroom, we’re on your side, Our network of anti-fraud professionals includes forensically specialized CPAs, certified fraud examiners, economists, and computer forensic and corporate intelligence specialists. We work collaboratively with you to fulfill your anti-fraud challenges by providing objective and objectively determined advice from highly seasoned, credentialed experts.

As former owners/entrepreneurs, investors, and financial and operating executives we have a deep understanding of the needs and objectives of both owner/sellers and buyer/investors. That allows us to seamlessly integrate experience and credentialed expertise in providing well informed and wise investment decisions. Avant® offers deep professional experience and expertise to assess strategy, synergy, and cash flows. Our team has performed hundreds of Due Diligence (both quality of earnings and quality of operations) engagements to identify risks and contingencies and aggressive or inappropriate accounting that affected normalized cash flows.

Fraud & Investigative Capabilities

Ideally, internal and external fraud will be detected before becoming apparent. But if an incident or allegation arises–and asset misappropriation, whistleblower claim, conflict of interest, suspicious transaction, or any number of potential irregularities– we can help pursue the facts with speed and precision, respond appropriately, and remediate effectively.

Whether in the boardroom or in the courtroom, we’re on your side, Our network of anti-fraud professionals includes forensically specialized CPAs, certified fraud examiners, economists, and computer forensic and corporate intelligence specialists. We work collaboratively with you to fulfill your anti-fraud challenges by providing objective and objectively determined advice from highly seasoned, credentialed experts.

“Even though it was our first time working together, the Avant® professionals made us feel like their most important client. We look forward to working with them again.”

— Jonathan A. Victor

We Preserve Value and Reduce Risk of Loss

Even under the best of circumstances, disputes happen, which may include complex civil or criminal litigation. This requires the insight and experience of people who understand how to interpret companies’ books, records, and financial documents. Avant® provides business and financial advice to attorneys and their clients in matter of crisis or dispute. Our work often requires us to provide expert testimony at depositions, trials, and arbitrations.

A partner or shareholder dispute, a fraudulent transaction, litigation claims, and a host of other circumstances, might require and independent damage loss quantification, insurance claim, or third-party liability, or to gain insight into cost-sharing or other financial dealings under disputed agreements.

Or you might need to determine the effect of accounting adjustments for a merger or acquisition, failed transaction, post-closing disagreement, or help in determining damages from asset misappropriation, financial statement misstatement, or conflict of interest.

  • Accounting
  • Fraud deterrence and detection
  • Breach of contract investigations
  • Business analytics (quantitative assessment & optimization of operating metrics)
  • Litigation consulting, including accounting, economic, and research
  • Damage quantification
  • Expert witness testimony
  • Forensic technology (digital data collection and analysis)

Specialized designations and expertise of our professionals include:

Successful investigations demand professionals with the right skills and experience. Our forensic, fraud, investigative, and litigation support services team includes Certified Fraud Examiners, Forensically Credentialed Certified Public Accountants, forensic technology specialists, former FBI agents, and federal and state court designated expert witnesses.

Financial Services

In addition to being willing to participate or co-invest in the right situations, the following are a sample of related services:

Evaluate the propriety of generally accepted accounting principles (“GAAP”) as it affects the Company’s reported earnings, EBITDA, and related cash flows. Assess the impact of current and anticipated business operations on recurring, pro forma/projected financials and EBITDA based on the reasonableness of assumptions and related risks.

Develops strategies, prepares and executes plans to sell companies in an efficient and knowledgeable manner which reduces risks and maximizes value.

Determines and facilitates financing and investment funds to optimize the capital structure to ensure sufficient liquidity to support appropriate working capital and maximize long-term financial viability.

Determines and implements the optimal infrastructure post-transaction to ensure integration is efficiently and effectively performed to maximize shareholder value.

Financial Services

In addition to being willing to participate or co-invest in the right situations, the following are a sample of related services:

Evaluate the propriety of generally accepted accounting principles (“GAAP”) as it affects the Company’s reported earnings, EBITDA, and related cash flows. Assess the impact of current and anticipated business operations on recurring, pro forma/projected financials and EBITDA based on the reasonableness of assumptions and related risks.

Develops strategies, prepares and executes plans to sell companies in an efficient and knowledgeable manner which reduces risks and maximizes value.

Determines and facilitates financing and investment funds to optimize the capital structure to ensure sufficient liquidity to support appropriate working capital and maximize long-term financial viability.

Determines and implements the optimal infrastructure post-transaction to ensure integration is efficiently and effectively performed to maximize shareholder value.

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We Preserve Value and Reduce Risk of Loss

Our depth of knowledge, experience, and expertise facilitate the successful and quick close of transactions when warranted. But, we have also surfaced risks, issues, and concerns – even including fraudulent accounting and financial reporting. Without question, value has been preserved and loss was prevented by our proactive identification of those “deal breakers.” When performing meticulous and comprehensive financial and business due diligence that is well beyond the routine, or in offering independent and objective transaction advisory services, or in post-merger integration and implementation assistance, Avant® always provides value.