Chapter 17
Preparing for Trial: Business Litigation
In This Chapter
Identifying the sources of fraud litigation
Walking through the litigation process
Meeting standards of proof
Understanding what a forensic accountant does during litigation
It’s no surprise that the United States is the most litigious country in the world. As businesses take risks to get rewards, they’re exposed to litigation of all types. When a business faces litigation, it needs not only experienced legal counsel but also the support of a forensic accountant. We explain why in this chapter — and we show you what exactly a forensic accountant does to support the business.
When a business is accused of fraud, either the whole company or specific people who work there must defend themselves in a criminal case, a civil case, or both. Being notified of a criminal or civil complaint is downright frightening to company executives because they know the potential ramifications:
Significant out-of-pocket and opportunity ...
