Forensic Accounting Services in the US - Industry Market Research Report

Forensic Accounting Services in the US - Industry Market Research Report

  • March 2020 •
  • 34 pages •
  • Report ID: 5103857 •
  • Format: PDF
Uncovering concepts: The forecast decline in the number of domestic bankruptcies is expected to temper industry revenue

Abstract

Forensic Accounting Services
Over the past five years to 2018, the Forensic Accounting Services industry has benefited from a mounting focus on the impact of fraud among domestic corporate clients. Industry operators provide services that apply accounting concepts and techniques to legal problems, investigating financial fraud and providing litigation support to attorneys and law enforcement agencies.Over the five years to 2023, industry revenue is forecast to increase. The acceptance of the industry’s services, including those related to valuation, fraud and economic damages, is expected to continue its ascent. However, the forecast decline in the number of domestic bankruptcies has the potential to temper industry revenue from its role as expert for the receiver or trustee, debtor or creditor’s committee in these proceedings.

This industry provides services that apply accounting concepts and techniques to legal problems. Forensic accountants investigate and document financial fraud and white-collar crimes. They also provide litigation support to attorneys and law enforcement agencies that investigate financial wrongdoings.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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