The Gazette 1996

James Hyland and Company FORENSIC ACCOUNTANTS

Are you prepared to testify in court?

Forensic Accounting is a relatively new concept in Ireland. Set out below are answers to the questions we are asked most frequently: What is Forensic Accounting? Forensic Accounting is the application of accounting knowledge and business skills to the solution of legal problems. What does a Forensic Accountant do?

Yes. We perform all our work and prepare our reports on the assumption we will be required to give evidence in court. What are your qualifications? Our Directors are all Chartered Accountants. In addition to extensive professional and business experience we have members of the Association of Certified Fraud Examiners and the Chartered Institute of Arbitrators in the firm. On what basis do you charge fees? Fees are based upon the time spent in performing our investigation, preparing our report and any subsequent involvement. I have a case but am not sure whether to engage a Forensic Accountant. What should I do?

A Forensic Accountant is part of the legal team and is responsible for preparing or reviewing financial evidence.

It has been proven that thorough, reasoned and well structured forensic accounting reports greatly increase the chances of a satisfactory settlement. In what sort of disputes should I consult a Forensic Accountant?

Whenever there is a financial or business dispute. Typical cases where we have acted are:

Ask us to review the case - we will do this without obligation and in total confidence.

• Personal injury and loss of earnings • Breach of contract and contract disputes • Negligence and professional malpractice • Fraud and white collar crime • Insurance claims • Matrimonial and separation proceedings

We will provide you with a short report detailing the areas which need to be considered together with an estimate of our costs.

Who should I contact?

What are the advantages of a Forensic Accountant?

Jim Hyland, Peter Johnson or David Hyland at

James Hyland and Company, Forensic Accountants, 26/28 South Terrace, Cork, Ireland

There are a number of advantages in engaging the specialist assistance of a Forensic Accountant:

• Independence - we do not undertake audit, accounting or tax work for our Forensic Accounting clients.

Telephone: Facsimile:

021 319 200

021 319 300 E mail: jhylandOeirenet.net

• Objectivity - we bring a new viewpoint to each case.

• Experience and specialisation - benefit from our wide professional and business experience.