Testifying in America – Forensic Accounting Experts

Testifying in America – Forensic Accounting Experts

October 22, 2019 0 By Kody Olson


At RGL Forensics, we provide forensic
accounting services in a variety of legal matters. We’ll start with family law, eminent domain,
shareholder disputes, forensic accounting issues like trust and estate issues. We stand up well to scrutiny. We understand that
there’s an advocate on the other side that will come after us hard and try to undermine our opinions. As long as
we have a good foundation and a good analysis, they can’t. What it means to be a testifying expert is that you’re someone who is able to deliver
credibility about the work product that you created. So, for example, if we were
doing a business valuation, you know it’s one thing to be the technician that can
actually do the business valuation itself, but when you become a testifying
expert you need to be able to explain what it is you did in a simple manner
for the judge or for the jury. In the legal context and forensic accounting,
you have to be creative. Each situation is unique. The documents that might be
available, or that you’d want may not be available, and therefore you have to
think outside the box. There’s two easy rules that I tell everyone in my office
when they’re getting ready to testify. One: Answer the question asked.
Two: Tell the truth. We need to be true and loyal to
what we believe is the right outcome. So we like to distill things down, make them easy for juries to understand and
RGL Forensics has become very good at doing that. You can get into trouble
being an expert witness, being what’s called a hired gun, and if people know you’re that,
you’re not going to be a good expert witness. Well, there have been occasions where,
at the end of the day, you know you’ve done a good job when
either the opposing attorney or co-defendants ask you for your business
card and retain you on their next case. When you value genuine experience and
effective collaboration with others, think RGL.