Forensic Accounting FAQs
Marcus, Fairall, Bristol + Co., PLLC is an accounting firm in El Paso with a focus on forensic accounting. "Forensic accounting" is a specialized field that focuses on financial fraud investigations
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How much does forensic accounting cost?
90% of forensic cases have an unknown cost. Forensic accounting is centered around discovering information. New information may lead to more company involvement, and therefore the cost may increase. Therefore, exact costs are impossible to give. That being said, you can typically expect to pay $10,000 – 15,000 as a starting retainer for Marcus, Fairall, Bristol + Co., PLLC.
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What determines the fee for a forensic accounting case?
As mentioned above, the “unknown” factor is the biggest contributor to price variations. New information such as uncovered transfers to securities accounts and brokerage accounts as well as parties involved (lawyers, other accountants, insurance reps, etc.) will play a role in billable hours. Be sure to disclose as much information as possible to our forensic accountants so we can give you the most accurate estimate possible.
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What do I need to provide to proceed with my case?
First, tell us what your goal is. Are you looking to uncover suspicious spending or valuations? We’ll typically ask clients to walk us through what assets went where and why. You’ll also be asked to share bank statements, brokerage account records, and general ledgers if you’re working on behalf of a business.
If you are considering hiring a forensic CPA you can read our post on “When to Hire A Forensic Accountant”
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What makes Marcus, Fairall, Bristol + Co., PLLC qualified to handle my case?
Our managing partner David Marcus is one of the few accountants in El Paso with the Certified in Financial Forensics (CFF) certificate. In addition, he has been actively taking care of accounting cases for over thirty years in his CPA firm.
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Do I need to be local to El Paso?
Nope! You can be anywhere in the country as long as you are able to share critical documents and communicate over the phone or zoom, we are happy to assist you with your forensic case.
Request a no-cost consultation with our forensic accountant.
Find out what you need in order to proceed with your investigation. MFB will ensure you get the help you need to resolve any financial fraud or disputes. If you have any urgent questions please call (915) 775-1040 and contact one of our local CPAs in El Paso, TX.
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