ForensisGroup Generally Accepted Auditing Standards (GAAS) Expert Witnesses have been educated and work with this set of guidelines used by auditors to conduct an audit. The guidelines are promulgated by a national standard-setting body and are broken down into general standards, fieldwork standards, and reporting standards. These guidelines detail the way in which an auditor is to conduct and report on an audit of a client’s financial records and financial statements, along with the types of opinions that can be given.
Our experts have decades of experience in forensic accounting and have extensive backgrounds with the application of GAAS in a wide variety of investigations. Some involve alleged fraudulent financial reporting, accountant malpractice, along with review if the financial evaluation of shareholder, partnership, joint venture, and management agreements. Many have expertise with improper revenue recognition, earnings management, debt classification, financial reporting of restatements, adequacy of financial statement disclosure, application of new accounting pronouncements, GAAS failures, and the role of audit committees.
Our GAAS expert witnesses and consultants work on malpractice lawsuits concerning accounting firms and review their adherence to professional standards. These audit professionals review workplace procedures and report on discrepancies in firm practice, review Errors and Omissions insurance, financial statement misrepresentations, financial fraud, and accountant malpractice.
Search for an authoritative Generally Accepted Auditing Standards (GAAS) expert witness for your litigation or insurance matter. For more than 20 years, ForensisGroup has provided clients with leading experts in audits to review and opine on complex issues.