There are many reasons why a financial investigation may be required and these need not be contentious or litigious. Clients may wish to obtain assurance and comfort in a situation where their normal audit and assurance procedures do not operate.
RSM Tenon’s forensic accounting team have experience of numerous ad-hoc financial investigations, and can apply their investigatory skills in a wide and varied set of circumstances.
Examples of financial investigations include:-
- Employer covenant reviews
- Royalty audits
- Establishing frameworks for the investigation of non-contractual claims arising in public sector procurement
Why would you need it?
- You are a pension scheme trustee and need to appoint an accountancy firm to investigate the financial strength of the employing company to ensure pension deficits and future contributions can be adequately funded
- You want to appoint an accountancy firm to audit the royalty income form your existing licences
- You are a government department and wish to establish the basis on which any claims against the department might be considered