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Update

Forensic Accounting - Fraud - Business Valuation

 


July 2010

Feature Article:
"The Role of a Forensic Accountant in Property and Liability Losses"

Asset and liability claims rise out of an unusual event or series of events where damage has occurred as defined by an insurance coverage contract. It is common, unfortunately, for many businesses to suffer a loss and then realize that they had no insurance in place to cover that loss. The determination of coverage and the early estimation of loss are both elements of the process that urge the early involvement of a forensic accountant … (click here for complete article)

Practice Profile
Forensic Accounting Services for Property and Liability Losses

Arxis Financial’s “Forensic Accounting” practice serves clients in quantifying the financial and economic issues in property and liability matters. Property losses include claims involving any damage to real property, such as warehouses, distribution facilities, manufacturing plants, floors, sidewalks, lobbies, rest rooms, exterior areas, and parking garages. General liability losses may involve matters such as negligence, slip and fall incidents, assault and battery, third party violent crimes, unsafe conditions, false arrest/detention litigation, products liability, discrimination claims, and defamation, slander and libel. Typically, insurance coverage is purchased to protect against such business losses. Since insurance policies differ significantly as to their terms and conditions, a forensic accountant is often asked to assist either the insured or insurer in the appropriate method of calculating the loss.

Arxis Financial’s professionals apply detailed investigation and analysis that is necessary to uncover essential facts and provide meaningful insights. Expert analysis and conclusions are presented in depositions and trial at local, state and federal court levels as well as mediation and arbitration. We assist attorneys in interpreting the data and help counsel to understand and analyze events or issues.


Partner Profile:
The Forensic Accounting practice is headed by partner Chris L. Hamilton, CPA, CFE, CVA, DABFA. Mr. Hamilton is a Certified Public Accountant, Certified Fraud Examiner, Certified Valuation Analyst, and a Diplomate with the American Board of Forensic Accounting. He is a licensed life and disability insurance agent and a General Securities Representative. Mr. Hamilton has published articles in several publications, and has made presentations at national conferences, training institutes and seminars on topics including forensic accounting, fraud and business appraisal.

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Copyright 2010 Arxis Financial. Articles may not be reprinted without permission.




Chris Hamilton Photo
Chris Hamilton, CPA CFE, CVA, DABFA
chamilton@arxisgroup.com
(805) 306-7890
www.arxisfinancial.com
Chris Hamilton Photo
Litigation Consulting
Forensic Accounting - Fraud - Business Valuation
 

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