Forensic Accounting Overview

Forensic Accounting Overview

Independent forensic accounting expertise to support legal teams in complex litigation and investigations.

Forensic Accounting Overview

Independent forensic accounting expertise to support legal teams in complex litigation and investigations.

Supporting Legal Teams

Daniel Rands is one of only around one hundred accredited forensic accounting specialists in Australia. Forensic accounting is defined by Chartered Accountants Australia New Zealand (formerly the Institute of Chartered Accountants in Australia) as the application of accounting knowledge and skills to issues arising in the context of civil and criminal litigation and investigations.

Forensic accounting is also referred to as litigation support, dispute analysis, litigation services and expert witness services.

Assignments in this area are undertaken by Daniel Rands, who has vast experience in providing forensic accounting to Tasmanian, Victorian and Sydney legal teams. This expertise is founded in over forty years of experience as an adviser to small businesses and an understanding of the legal process, supported by ongoing training provided by Chartered Accountants Australia New Zealand culminating in its awarding him the status of Forensic Accounting Specialist.

Daniel Rands has undertaken assessment of economic loss assignments, supporting the legal teams of both the plaintiff and insurer, in personal injuries matters and others including assessments under loss of profits insurance policies. He has conducted numerous Family Law investigations and valuations, supporting the legal teams representing husbands and wives, as well as numerous single expert assignments and the extensive provision of advice as a shadow expert including tax effective structuring of settlements.

This experience extends from consultations with legal advisers through all facets of the legal process and includes appearances in the Supreme Court, the Federal Magistrates Court, Federal Circuit Court, the Family Court and County Court of Victoria as an expert witness.

Evidence has been provided to the Court as a single witness and concurrently, or in the ‘hot tub’, as it is known by some.

Why Choose Daniel Rands as Your Forensic Accountant?

Daniel can assist you with your instructions to him so that the right questions are asked. The opportunity exists for an interim or preliminary report (written or otherwise) to be provided so that you can assess whether further investigation and reporting is warranted. For final reports, Daniel ensures that every report is fully supported by evidence, fully addresses instructed requirements and is expressed in a way that is clear, precise, and easy to understand. Opinions provided in the report are properly researched and argued so that they are not changed under cross examination, should they need to be presented in Court.

Click here to read Daniel Rands’ Capability Document for Forensic Accounting Matters and Litigation Support

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Ready for
clarity & results?

Schedule a consultation

Discover smarter financial strategies

Build your advantage with Rands Advisory Group

Ready for
clarity & results?

Schedule a consultation

Discover smarter financial strategies

Build your advantage with Rands Advisory Group