Forensic accountants: value for money?

• Suggests time-and money-saving strategies regarding instructions from lawyers and scope of experts’ involvement.

There has been an increasing emphasis in recent years on the need to control costs in complex litigation. In particular, it is important input from experts is cost-effective and timely given that their costs can be a significant element in cases involving the use of experts.

Forensic accountants who approach their work in a professional manner aim to provide an efficient service. However, accountancy evidence can be complicated and/or voluminous so that analysing it is time-consuming and expensive.

Since cases have different attributes, not all the aspects listed below in instructing forensic accountants will be relevant on every matter. However, it is likely that instructing solicitors who take account of a number of the suggestions will ensure a cost-effective service is provided to their clients. The aspects listed below are categorised by reference to the different