How Do I Know There Is Really An Accounting Concern?
The forensic accounting process instills a hard discipline in the forensic accountant, which is passed along to the investment team. Forensic accountants appear in court in high-profile and costly matters. Their analysis is subject to cross-examination by opposing sides, and ultimately ruled on by a judge. As a result, their analysis is subject to intense scrutiny.
Only real forensic accountants know the difference between strong arguments and marginal or immaterial issues. Because ARC is the only independent research firm in North America that built its forensic accounting expertise through direct knowledge of high-profile Canadian investment collapses, our investment analysts also know the difference between significant accounting concerns and 'accounting noise.'