Forensic Strategic Solutions is a full-service financial investigation firm offering a range of services across five integrated practice areas: fraud examination, investigative financial consulting, litigated business valuation, forensic technology and accounting malpractice. Our team of professionals combines deep experience in fraud investigation and litigation consulting with advanced data analytic techniques to arm our clients with fact-based, clearly-illustrated data and defensible positions, best situating them to resolve financial disputes in courts of law and other forums.
We serve as an unrivaled cyber investigation resource by seamlessly integrating our capabilities in advanced data analytics and fraud investigation with our partners’ specialized expertise to protect against, identify, and respond to sophisticated organizational attacks led by internal or external threats.
Our team is composed of forensic accountants, financial investigators and data analysis experts who understand and comprehensively assess financial data to detect fraud, illustrate and testify about fraudulent activities, and identify and offer recommendations to protect business processes that are prone to future abuse.
Capital Expenditures, Depreciation and Amortization in a Cash Flow Forecast
When valuing a private operating company, an appraiser is likely to use an income approach, either as the main valuation method or in conjunction with another method. Whether the appraiser capitalizes cash flows in a capitalized cash flow (“CCF”) model or uses forecasts of future cash flows in a discounted cash flow (“DCF”) model, they have incorporated both explicit and implicit assumptions into the cash flows used in their model.
Embezzlement – Nonprofit
FSS investigated allegations of misappropriation of assets and excessive spending by an employee of a federally funded nonprofit organization with reporting responsibilities to the Office of the Inspector General.
Birmingham Business Journal Publishes Executive Profile on Ralph Summerford
Ralph Summerford, president of Forensic Strategic Solutions, was interviewed by the Birmingham Business Journal for an executive profile. In the article, Ralph discusses his career highlights and how FSS came to be a major player in the investigative accounting arena. In the last 25 years, FSS’ industry has grown exponentially to combat accounting malpractice and […]