In recent years, more and more litigation cases have required forensic accounting and expert witnesses with broad experience in accounting, tax, financial, and investigative matters. Abo and Company’s Certified Public Accountants provide both plaintiffs and defendants with:
Damage assessments and computations in diverse areas including family law, insurance claims, wrongful termination, personal injury, shareholder disputes, breach of contract claims, lost profit computations, and historical analyses
Valuations of businesses
Independent expert witness testimony
Analysis and evaluation of financial reports by opposing experts
In response to today's litigious society, our involvement in litigation support services has expanded significantly. Today's legal matters, matrimonial discord and insurance coverage disagreements often require the consultation of CPAs who possess expertise in a wide range of accounting, tax, financial, forensic and investigative matters. We prepare damage studies and financial analysis with the utmost of professional care. We substantiate our findings with convincing, supporting evidence.
We provide litigation support services to both plaintiffs and defendants. We often get involved early as litigation strategists and consultants to help determine when and if assistance is needed. We will later perform expert witness services and testimony, as needed.
We believe we possess superior technical capabilities gained from extensive hands-on experience and continual educational training. Beyond having served as Chairman and an active member of the New Jersey Society of CPAs Litigation Services Committee and on its Matrimonial Accounting Committee, founding partner, Martin H. Abo has quite an exhaustive list of accomplishments.
Where our own experience is not enough, we augment the Abo and Company staff by drawing on outside experts in such fields as forensic investigation, real estate, banking or others with particular industry expertise.
We offer the following dispute resolution services:
Preliminary Fact-Finding - Prior to counsel taking on a case, we've helped in determining a preliminary value of possible damages and the viability of obtaining sufficient financial evidence.
Causation of Damages - We help the attorney for the plaintiff in proving that the defendant's actions caused damages. Alternatively, we'll assist the attorney for the defendant negate such claims.
Damage Studies - We will assist the client and counsel by performing forecasts, projections, business valuations or feasibility studies related to a case and consolidating all financial data into economic evidence in an effort to effectively demonstrate the strength of the legal position taken.
Trial and Settlement Support - We assist by providing persuasive, articulate and credible expert testimony when required. We will brief the attorneys, litigants or others in the understanding and presentation of financial and economic evidence.
We also analyze financial data and assist in understanding the financial and tax implications of various settlement proposals. We will support cross-examination, scrutinize and comment on the opposition's financial evidence and experts.
Examples of Cases:
- Marital dissolutions
- Insurance claims
- Reconstruction of missing or incomplete records
- Shareholder disputes
- Business valuations
- Commercial and contract litigation
- Personal injury and wrongful death claims
- Business interruption claims
- Breaches of contract
- Business acquisition and sales
- Arbitration and mediation
Although attorneys typically only consult a CPA when a case calls for it, a CPA firm that is already familiar with your work will be better positioned to provide assistance when a case arises. With this in mind, Abo and Company offers consulting services to our lawyer colleagues even outside of litigation, valuation or forensic services. Our attorney clients often consider us an extension of their office, a resource to call with technical questions, and a place to seek professional insight on any accounting, tax, valuation, investigative or litigation support project.